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Press Office - SPH Kundalila Iron-Ore

SPH Kundalila Iron-Ore

SPH is a materials handling company, operating in the surface mining industry. Its services include mobile crushing and screening, bulk earthworks, plant hire, haul road construction, rehabilitation and maintenance. The company is focussed on safety and reliability, and believes in value-add through efficiency. SPH is a full subsidiary of the Raubex Group Ltd, a JSE listed company.

Topic

Anglo American gets licence to boost Minas-Rio mine to full capacity

By: Reuters     24th December 2019 Anglo American has received the final operating licence it needs to boost production at its Minas-Rio iron ore mine in Brazil to its full capacity of 26.5-million tonnes a year, the mining company said on Monday. Anglo American's Minas-Rio mine, which has been dogged by delays and waits for... 

Australian exports forecast for record year in 2019/20

By: Esmarie Iannucci     19th December 2019 Australia’s resource and energy export earnings are forecast to set a record A$281-billion in 2019-20, up from A$279-billion in 2018-19, new data from the Office of the Chief Economist has revealed. Minister for Resources and Northern Australia Matt Canavan noted that the record earnings are... 

Brazilian regulator says Vale dam near Brumadinho is structurally sound

By: Reuters     19th December 2019 A dam owned by iron ore company Vale SA that was the subject of an investigative report by a TV program last week is structurally sound and there is no reason for concern, Brazil's national mining regulator said late on Tuesday. On Friday, the program "Jornal da Band" said it had obtained... 

Vale teams up with Ningbo Zhoushan Port on new iron-ore product

By: Reuters     19th December 2019 Brazilian iron-ore miner Vale signed a service agreement with China's Ningbo Zhoushan Port to jointly launch a new iron-ore product, GF88, the Chinese port company said on Wednesday. Under the agreement Ningbo Zhoushan Port will provide services for Vale's new product, including site... 

BHP plans 'baby steps' return to commodities trading to cut transaction risk - sources

By: Reuters     18th December 2019 Global miner BHP Group is feeling its way back into commodities trading, making a dedicated hire to help it manage a base metals book in Singapore as it seeks to boost returns and manage transaction risk, two people with knowledge of the matter said. The return to trading at the world's biggest... 

Copper tapped as the next big metals trade of 2020

By: Bloomberg     17th December 2019 Copper, often called “Dr. Copper” due to its correlation with the economic cycle, could be the trade of 2020, as most industry analysts expect a “lift-off” for the metal as global demand recovers. Gold miners had a blockbuster year in 2019 owing to expectations of US Federal Reserve rate cuts... 

Vale dam near site of January disaster has 'cracks' - TV station

By: Reuters     16th December 2019 State prosecutors in Brazil have identified cracks in a tailings dam owned by iron ore mining company Vale and have asked the firm to hire an independent auditor to look in to the matter, a television station reported on Friday night. The report on Brazil's TV program "Jornal da Band" said it... 

Law firms set out notable aspects of draft amendments to MPRDA

By: Simone Liedtke     13th December 2019 Law firm Webber Wentzel this week set out some of the most notable aspects of the draft amendments to the Mineral and Petroleum Resources Development Act (MPRDA) Regulations, following its publication by Mineral Resources and Energy Minister Gwede Mantashe last month. In a report compiled by the... 

Mining Powerhouse Ready For More Business

29th October 2019 Western Australia’s regulatory and safety frameworks designed to assist mining developments have been highlighted at a presentation at Australia’s largest mining event – the International Mining and Resources Conference in Melbourne. Department of Mines, Industry Regulation and Safety Director... 

Vale earnings miss expectations, cites dam shutdown progress

By: Reuters     25th October 2019 Brazilian miner Vale on Thursday reported a weaker-than-forecast 15% gain in quarterly earnings as the iron-ore exporter tries to overhaul its operations to avoid a recurrence of the dam burst that killed more than 250 people in January. Vale's net profit rose to $1.654-billion from... 

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