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Iron-ore
 
IRON-ORE

Miner Vedanta evacuates all expatriate staff from Ebola-hit Liberia

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Diversified miner Vedanta Resources Plc said it had evacuated all its expatriate staff from Liberia after the government in that country declared a state of emergency due to the Ebola virus. The company said in an emailed statement that it was...
27th August 2014
 
 
IRON-ORE

Work starts on Mofe Creek social, enviro assessment studies

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Consulting companies Earth Systems and Earth Environmental Consultancy have started work in support of baseline studies to support ASX- and JSE-listed Tawana Resources’ environmental and social impact assessment (ESIA) studies for the Mofe Creek...
26th August 2014
 
 
SHARE BUYBACK

Cliffs could alter debt agreements in $200m share buy-back

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The newly reconstituted board of iron-ore and coal miner Cliffs Natural Resources on Monday authorised the company to modify debt agreements if needed to allow the company to implement a $200-million share buyback. Cleveland, Ohio-based Cliffs...
25th August 2014
 
 
IRON-ORE

BC reports record revenue in full year

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Iron-ore miner BC Iron has reported record full-year revenue of A$471.4-million, on the back of a 37% increase in sales, compared with the previous financial year. During the 2014 financial year, ended June, BC Iron’s share of sales from its...
25th August 2014
 
 
BOARD ACTIVITY

Legacy CEO steps down

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ASX-listed junior Legacy Iron has announced the resignation of CEO Julian Mizera, effective from August 29, as he pursued "other business opportunities". Mizera joined the company in March this year.
25th August 2014
 
 
IRON-ORE

Atlas warns of impairment charges

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Iron-ore miner Atlas Iron on Friday announced a one-off impairment charge of around A$25-million related to its divestment of its interest in fellow-listed Shaw River Manganese. Earlier this month, Atlas agreed to sell 9.69% of Shaw River’s...
22nd August 2014
 
 
IRON-ORE

Alderon stock trends lower after changing financing strategy

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The TSX-listed stock of direct shipping iron-ore project developer Alderon Iron Ore on Thursday traded lower after the company announced late on Wednesday that lead debt financing arranger BNP Paribas had terminated its involvement, allowing the...
21st August 2014
 
 
COAL

Transnet, Eskom coal boost for black-controlled Exxaro Video Available

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Exxaro CEO Sipho Nkosi State enterprises Transnet and Eskom have come to the party for black-controlled Exxaro Resources in the half-year to June 30. More coal trains from State rail company Transnet Freight Rail (TFR) to the Waterberg coalfield and a coal supply...
21st August 2014
 
 
 
 
 
 
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Transnet, Eskom coal boost for black-controlled... Video
Bushveld moving fast to enter buzzing vanadium... Video
O’Flaherty outlines ‘production first’ strategy... Video
Metals mine to implement planning solutions... Video
Kumba’s cash return to black shareholders Video
Mining project studies on the increase – DRA Video
Kumba’s cash return to black shareholding now... Video
Kumba providing helping hand to up-and-coming... Video
Aviation hitech flying into South African... Video
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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