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Iron-ore
 
MINING SERVICES

Mining project studies on the increase – DRA Video Available Restricted

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Martin Creamer and DRA CEO Paul Thomson The awarding of studies for potential mining projects is on the increase, says DRA CEO Paul Thomson, who spoke to Mining Weekly Online on the eve of his company’s thirtieth anniversary celebrations. The head of the 3 000-employee project house,...
24th July 2014
 
 
IRON-ORE

Atlas eyes up to A$80m/y in cost savings Restricted

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Iron-ore miner Atlas Iron is targeting production of 13-million tonnes during the 2015 financial year, MD Ken Brinsden said on Thursday, also revealing that the company would undertake a cost-cutting initiative to save between A$50-million and...
24th July 2014
 
 
IRON-ORE/COAL

Beleaguered Cliffs posts Q2 loss, beats expectations Restricted

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US iron-ore and coal producer Cliffs Natural Resources, which is locked in a proxy fight with an activist shareholder for control of the board, on Wednesday reported a net loss for the three months ended June 30, as lower iron-ore and...
24th July 2014
 
 
IRON-ORE

Kumba’s cash return to black shareholding now at astounding R23bn Video Available Restricted

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The cash return of Anglo American’s Kumba Iron Ore to its black shareholding since Kumba’s listing on the Johannesburg Stock Exchange in 2006 has risen to R23.5-billion, Kumba CFO Frikkie Kotzee revealed this week. Kumba subsidiary Sishen Iron...
23rd July 2014
 
 
IRON-ORE

Iron Road looks to optimise Central Eyre Restricted

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Iron-ore developer Iron Road has undertaken an optimisation study on its flagship Central Eyre project, in South Australia, with the aim of increasing production from 21.5-million tonnes a year to 24-million tonnes a year. A previously conducted...
23rd July 2014
 
 
IRON-ORE

Kumba providing helping hand to up-and-coming BEE iron-ore juniors Video Available Restricted

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Kumba CEO Norman Mbazima South Africa’s biggest iron-ore mining company, Anglo American’s JSE-listed Kumba Iron Ore, is lending a helping hand to up-and-coming black economically empowered (BEE) iron-ore juniors in the Northern Cape and Limpopo provinces. Kumba CEO...
22nd July 2014
 
 
IRON-ORE

Mofe Creek environmental, social assessment under way Restricted

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ASX- and JSE-listed Tawana Resources has awarded the environmental- and social-impact assessment (ESIA) contract for its Mofe Creek iron-ore project, in Liberia, to environmental and social consulting firm Earth Systems. Earth Systems has...
22nd July 2014
 
 
IRON-ORE

Kumba revenue up on rand weakness, dividend maintained Restricted

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The operational profit of JSE-listed Kumba Iron Ore fell 14% in the six months to June 30 on lower exports and the cost of increased mining activities. But revenue was up mainly on currency weakness and Kumba maintained its interim cash dividend...
22nd July 2014
 
 
 
 
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Expansion project achieves safety milestone Video
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Village Main’s entry coinciding with mining... 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