Iluka restructures debt

Mineral sands miner Iluka Resources this week entered into a series of five-year bilateral revolving credit facilities totalling some A$800-million, in an effort to refinance its debt. The miner said that the new arrangements replaced a previous...

Mineral sands demand awaiting supply catch-up

The mineral sands industry has seen a surprising change through the rapidly rising prices and increasing demand for titanium dioxide feedstocks, zircon and pigments throughout the past two years. The increasing global demand and the market...

Global Mining Weekly on iPad, uncertainty hits commodities, mining production falls again

Mining Weekly now has a global iPad edition; uncertainty is impacting commodities negatively; and South Africa's mining production has fallen for the third consecutive month.

Commodity uncertainty sees investors retreating from markets

Poor economic data and falling commodity prices have caused investors to retreat the resources-heavy Australian markets, advisory firm Deloitte reported on Friday. The firm said that its Western Australian Index dropped 11.9% in September, to...

Iluka to resume mining at Eneabba as market conditions improve

Mineral sands producer Iluka Resources on Tuesday said that it would resume mining activities at Eneabba, in Western Australia, in response to increased market demand. MD David Robb said that the resumption of mining activities at Eneabba...

Iluka shares gain on big price increases

Shares in ASX-listed mineral sands miner Iluka Resources rose 11% on Monday, after the company announced it had concluded higher pricing agreements with its customers. Iluka said the second-half weighted average price would increase by between...

Value of WA-listed miners up 2,5% in February – Deloitte

The market capitalisation of Western Australia-listed companies, which comprise the Deloitte Western Australian Index, rose by 2,5% during the month of February, to close at A$196-billion. Deloitte managing partner Keith Jones said that the...

Sheffield wraps up mid-west mineral sands acquisition

Bulk minerals explorer Sheffield Resources on Friday completed the acquisition of three mining leases and a retention licence from mineral sands producer Iluka Resources. The tenements are located near Eneabba in Western Australia’s mid-west...

Iluka declares 3,3Mt resource at Atacama deposit

Mineral sands miner Iluka Resources has declared an inferred mineral resource of 3,3-million tons of heavy minerals for its Atacama deposit, in the Eucla basin of South Australia. The miner said on Friday that the resource estimate would form...

Iluka output jumps as mineral sands demand recovers

Mineral sands producer Iluka Resources on Thursday reported that zircon and rutile production for the quarter ended September had increased, compared with the previous quarters. Zircon production increased by 20,3% to 126 000 t, from 104 700 t in...

China’s zircon demand back at precrisis levels – Iluka

ASX-listed Iluka Resources almost doubled its interim sales revenue as demand for mineral sands picked up. Mineral sand sales jumped to A$378,4-million, or 98%, in the half-year ended June 30, compared with the first six months of 2009.

New Iluka mines achieving forecasted production rates

Mineral sands producer Iluka Resources on Tuesday reported that the ramp-up of its Jacinth-Ambrosia and Murray Basin stage-two projects, have been completed, and that it was achieving forecasted production rates. The Jacinth-Ambrosia project, in...