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Iron-ore
 
IRON-ORE

TFR iron-ore line readies for 10-day shutdown Restricted

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The entire 861 km section of Transnet Freight Rail’s (TFR’s) export iron-ore line, which operates between Sishen, in the Northern Cape, and Saldanha Bay, in the Western Cape, will undergo its yearly shutdown from August 12 for planned maintenance...
8th August 2014
 
 
IRON-ORE

Rio Tinto says will hang back from north Simandou iron tender Restricted

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Rio Tinto indicated it would not take part in a tender for the mining rights for the northern half of the disputed Guinea iron ore deposit Simandou, saying the government would prefer other companies to invest. The global miner already owns a...
8th August 2014
 
 
PEOPLE

Casablanca’s Concalves appointed Cliffs chairperson, president and CEO Restricted

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US iron-ore and coal producer Cliffs Natural Resources on Thursday reported that its newly reconstituted board had appointed Lourenco Goncalves as chairperson, president and CEO, with immediate effect. Convalves said he would lead Cliffs into “its...
7th August 2014
 
 
DIVERSIFIED MINER

Rio Tinto beats cost saving target early, lowers 2014 capex guidance Restricted

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Rio Tinto CEO Sam Walsh Diversified mining group Rio Tinto has delivered on its targets in the first half of the 2014 financial year, CEO Sam Walsh reported on Thursday, as the company announced a 21% increase in its underlying earnings to $5.1-billion and said it had...
7th August 2014
 
 
VANADIUM

Bushveld moving fast to enter buzzing vanadium market with low-cost flakes Video Available Restricted

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Fortune Mojapelo and Anthony Viljoen The vanadium market is set to expand rapidly, says London-Aim-listed Bushveld Minerals, which is moving quickly to bring its low-cost high-margin integrated vanadium mining and processing plant into production on the northern limb of South...
7th August 2014
 
 
IRON-ORE

African Minerals focusing on cost savings to mitigate low iron-ore price Restricted

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To mitigate the fall in the iron-ore price, Aim-listed African Minerals continued to focus on cost saving initiatives, actively managing working capital and capturing more of the available revenue through enhanced product management, the company...
6th August 2014
 
 
COPPER

MDM awarded support contract for MMG Kinsevere copper project Restricted

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Minerals process and project management company MDM Engineering has been awarded a contract to provide specific design and detailed engineering support to resources company MMG’s Kinsevere copper mine, in the Democratic Republic of Congo (DRC)....
6th August 2014
 
 
IRON-ORE

IronClad amends Wilcherry Hill production plan Restricted

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In response to the falling iron-ore prices, junior IronClad Mining has taken the decision to amend its production plan at the Wilcherry Hill project, in South Australia. The miner said on Wednesday that the Stage 1 pit would now only focus on...
6th August 2014
 
 
 
 
 
 
Iron-ore Multimedia
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Mining projects rebound beyond R100bn mark for TWP Video
Russians buy into South African minnow's iron... Video
Labrador Iron wants plant finished by... Video
Cash-flush Exxaro studying iron-ore options in... Video
Australia’s market ideal for product development Video
Beyond-60Mt/y iron-ore study imminent – Kumba Video
Rio Tinto ‘underinvested' in Africa - CEO Video
Transnet eyes 81Mt coal line despite poor 2010... Video
Kebble's cleansed Randgold & Exploration heads... 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