http://www.miningweekly.com

Global Mining News in real time

IRON-CLAD FORECAST

By: Martin Creamer Vale CEO Murilo Ferreira is seen smiling broadly during an interview at the headquarters in Rio de Janeiro of the world’s biggest iron-ore producer, which predicts that iron-ore prices will rally by at least 24% in 2015, as high-cost mines shut and Asian infrastructure demand improves. Total... 

Anglo American ships first ore from Minas-Rio

By: Natasha Odendaal The first ore from Anglo American’s Minas-Rio iron-ore project, in Brazil, has been shipped within budget, CEO Mark Cutifani said on Monday. The more than 80 000 t of iron-ore for the pellet feed market had been loaded onto a chartered vessel at the dedicated export terminal at the Port of Açu,... 

Amplats, Minas Rio expected to be Cutifani’s biggest headaches at Anglo

By: Leandi Kolver Analysts in the South African mining industry believe that new Anglo American CEO Mark Cutifani’s biggest challenge might be platinum mining company Anglo American Platinum (Amplats), based on the recent volatility of the sector, plagued by violent strikes and uncertainty. The significantly... 

Amplats, Minas Rio expected to be Cutifani’s biggest headaches at Anglo

By: Leandi Kolver Analysts in the South African mining industry believes that Anglo American’s new CEO Mark Cutifani’s biggest challenge might be platinum mining company Anglo American Platinum (Amplats), based on the recent volatility of the sector, plagued by violent strikes and uncertainty. The significantly... 

DIGGING DEEP

By: Martin Creamer Workers from the Novo Porto Consortium, a group funded by a mix of public and private agencies, look on as debris is lifted out of the Binario tunnel in Rio de Janeiro, Brazil. The tunnel is part of the $4-billion Porto Maravilha infrastructure project, which aims to revitalise the city's... 

Railway problems frustrate Vale in Mozambique

By: Keith Campbell Last week, the Mozambican operation of Brazilian major mining group Vale had to declare force majeur because of disruptions on the Sena railway from Tete to Beira, which the company uses to export the coal produced by its Moatize mine. In its statement, Vale blamed severe weather and estimated... 

Rio Tinto’s $3.9bn Mozambique coal bid may be scuppered by lack of rail, port capacity

By: Bloomberg Rio’s $3 Billion Mozambique Coal Bid Runs Off the Rails: Freight  Rio Tinto Group’s foray into Mozambique, which cost the world’s No. 2 mining company $3 billion, has highlighted a lack of rail and port capacity that threatens to check a coal boom in the southeast African nation. Rio bought coal... 

Brazil's CCX coal miner appoints new CEO after resignation

By: Henry Lazenby Brazil coal miner CCX, whose operations are focused on Colombia, has appointed Jose Gustavo de Souza Costa as CE and head of investor relations, according to the minutes of the company's board meeting on Friday. The board of CCX Carvao de Colombia, developing a greenfield coal mine project in... 

UK’s Amec acquires 50% stake in Brazilian marine engineering company

International engineering and project management company Amec has announced the signing of an agreement to acquire a 50% stake in Kromav Engenharia (Kromav), a privately owned Brazilian offshore oil and gas and marine engineering company. 

The Brazilian gold rush

Perhaps the most popular and romantic aspect of the history of gold is the narrative of the various gold rushes that lured hundreds of thousands of people, literally, to the four corners of the globe during the eighteenth and, more notably, the nineteenth centuries. Such popularity can partly be... 

SA betting carbon capture will make coal a clean energy source 

By: Keith Campbell South Africa’s support for the outcomes of the United Nations (UN) Conference on Sustainable Development does not mean the country is going to turn its back on coal. “As South Africa, we are not about to abandon our coal reserves,” assured Water Affairs and Environment Minister Edna Molewa in... 

South Africa hopes carbon capture will make coal a clean energy source 

By: Keith Campbell South Africa’s support for the outcomes of the United Nations Conference on Sustainable Development, held in Rio de Janeiro from June 20 to June 22, and known as Rio+20 for short, does not mean the country is going to turn its back on coal. “As South Africa, we are not about to abandon our coal... 

Updated mine software to be released

By: Chantelle Kotze Mining technology and consulting company MineRP has upgraded its Mine2-4D mine planning software to provide a complete and automated mine planning and scheduling system for underground and openpit mining operations.  

Brazil historic site could trip up big Anglo mine

By: Reuters Anglo American's plans to open its largest ever iron-ore mine have stumbled over new rulings that will delay preparations to build the mine until it is deemed safe for an archaeological site within its perimeter. The company is prohibited from undertaking new works at the site of the... 

China iron-ore demand to remain strong - Vale CEO

By: Reuters Chinese demand for iron-ore will remain strong, defying expectations of a slowdown in the world's second-largest economy, the chief executive of Vale SA, the top producer of the mineral, said on Tuesday. "Those who have been betting against Chinese growth since the 1990s will be wrong again,"... 

ArcelorMittal plans $125 iron-ore investment to raise output by 65%

By: Keith Campbell Global number one steelmaker ArcelorMittal has revealed that it intends to invest $125-million in its iron-ore mines in Brazil, in order to increase their production by 65% by next year. The company’s Brazilian mines are forecast to produce 4.3-million tons of iron ore this year and the target... 

Anglo American on verge of landing major iron-ore contract in Brazil

By: Keith Campbell The iron ore business unit of Anglo American Brazil (Anglo Brazil) hopes to conclude a contract with the Italian-Argentinian group Techint, to supply the latter with the ore for a planned new steel plant in Rio de Janeiro state, before the end of the first quarter of this year. This has been... 

Anglo American Brazil on verge of landing major contract

By: Keith Campbell The iron ore business unit of Anglo American Brazil (Anglo Brazil) hopes to conclude a contract with the Italian-Argentinian group Techint, to supply the latter with the ore for a planned new steel plant in Rio de Janeiro state, before the end of the first quarter of this year. This has been... 

First
Prev
1
Next
Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 13.13Change: -0.09
R/$ = 11.74Change: -0.06
Au 1203.80 $/ozChange: -5.55
Pt 1188.50 $/ozChange: -2.00
 
Subscribe Now for $96
Subscribe Now for $96 Close