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Iron-ore
 
IRON-ORE

Miner African Minerals outlines financial recovery plan

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Miner African Minerals plans to increase export volumes and boost revenues by reducing discounts and requiring a premium on some of its iron ore, the company said on Friday, as part of a recovery plan aimed at shoring up its battered finances. The...
19th September 2014
 
 
M&A

IOH urges remaining shareholders to accept BC offer

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Takeover target Iron Ore Holdings (IOH) on Friday told shareholders that it would start an active campaign recommending the takeover offer from fellow-listed BC Iron, after its second largest shareholder also accepted the offer. Earlier this...
19th September 2014
 
 
GOLD OUTLOOK

Moderate global economic growth outlook forces miners to keep promises

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The most critical challenge miners needed to deal with during the next 12 months was to deliver on their promises of cost savings and regain the confidence of the capital markets, professional services firm KPMG Canada’s mining industry leader Lee...
19th September 2014
 
 
FERROUS METALS

Tawana to build pilot plant at Liberia iron-ore project next year

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ASX-listed Tawana Resources announced at the Paydirt 2014 Africa Down Under Conference in Perth earlier this month that it plans to build a pilot plant on site at its iron-ore Mofe Creek project in Liberia next year, which will focus on vocational...
19th September 2014
 
 
STEEL

IDC confirms $4.5bn, two-phase Limpopo steel mill investment

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Geoffrey Qhena The detailed feasibility study into a $4.5-billion, two-phase steel project planned for development by the Hebei Iron and Steel Group, of China, and South Africa’s Industrial Development Corporation (IDC) should be completed in the first quarter...
18th September 2014
 
 
IRON-ORE

Lincoln awarded groundwater licence in South Australia

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ASX-listed junior Lincoln Minerals on Thursday announced that it had received a groundwater licence for its proposed iron-ore mine in South Australia. In August this year, the Environment, Resources and Development Court of South Australian...
18th September 2014
 
 
IRON-ORE

IronClad still hoping for November start at Wilcherry Hill

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Junior IronClad Mining was still hoping for a November start to its Wilcherry Hill iron-ore project, in South Australia, if offtake discussions with fellow-listed Arrium could be concluded and mining and transport contracts put in place. IronClad...
18th September 2014
 
 
IRON-ORE

Flinders lowers capital cost for Pilbara project

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Iron-ore hopeful Flinders Mines has lowered the development cost for its flagship Pilbara iron-ore project, in Western Australia. A 2011 prefeasibility study estimated that the project would require A$488-million in capital to support a Stage 1...
18th September 2014
 
 
 
 
 
 
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London Mining expects iron-ore prices... Audio
Ontario fast-tracks mining law revamp... Audio
Cleveland-Cliffs to buy coal-miner... Audio
Investment in South African mining... Audio