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Iron-ore

Pig iron project could boost company profile Restricted

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ON TRACK 
Ironveld expects to start production at its pig iron project in 2015
Once pig iron developer Ironveld’s Limpopo-based pig iron project starts production, which is expected in the second half of 2015, the company is likely to become South Africa’s first producer of high-purity iron (HPI), says Ironveld CEO Peter...
25th July 2014
 
 
Iron-ore

Pig-iron developer to start mining in Q3 Restricted

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PRODUCT PRODUCTION
Veremo aims to start first production at an existing smelter in Mogale in early 2015
Iron-developer Veremo Holdings aims to start production at its Mpumalanga-based Veremo pig iron, heavy minerals and titanium project in the third quarter of this year, director Alistair Ruiters tells Mining Weekly. “Since the mining rights were...
25th July 2014
 
 
IRON-ORE LOGISTICS

R14bn set aside for expansion of iron-ore-dedicated Port of Saldanha Restricted

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VELILE DUBE
An estimated R14-billion will be used towards the expansion of iron-ore and steel export facility, the Port of Saldanha

South Africa is the seventh-largest producer of iron-ore and having also traditionally been the fourth-largest exporter worldwide it remains well positioned to service global iron-ore demand owing to its well-established infrastructure and an...
25th July 2014
 
 
Iron-ore

South American mining to reach 6.2% growth by 2017 Restricted

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MAJOR CONTRIBUTOR
Brazil's mining industry contributes almost 40% of South America's total region revenue The South American mining industry will reach an estimated compound yearly growth rate of about 6.2% from 2012 to 2017, which will take the industry to a total value of $184.3-billion. Some of the world’s largest copper, bauxite, iron and nickel...
25th July 2014
 
 
Iron-ore

US miner receives $500 000 investment Restricted

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SHINE ON BMIX is selling a portion of its production as polished diamonds, at much higher margins than rough diamonds California-based mining company Brazil Minerals (BMIX) announced in May that it received $500 000 when it sold Gemological Institute of America- (GIA-) graded diamonds, common stock and two-year options to four investors. The GIA-graded diamonds...
25th July 2014
 
 
Iron-ore

Waning interest in African greenfield iron-ore projects Restricted

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INVESTOR INTEREST
West African iron-ore projects that have clear and short-term access to the iron-ore market continue to attract attention
Surging growth in demand for iron-ore from China drove prices up during the early 2010’s, which led to a significant upswing in greenfield exploration programmes and such programmes were largely high-grade direct shipping ore (DSO) projects in...
25th July 2014
 
 
IRON-ORE

Kumba’s cash return to black shareholders Video Available Restricted

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Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about Kumba Iron Ore subsidiary Sishen Iron Ore Company's R1.8-billion return to its black economically empowered entities.
24th July 2014
 
 
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
 
 
 
 
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