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NSL signs beneficiation MoU with Indian firm

By: Natasha Odendaal After six years spent developing and refining an India-focused iron-ore strategy, along with the requisite beneficiation technologies, ASX-listed NSL Consolidated has cemented its ties with India’s State-owned Andhra Pradesh Mineral Development Corporation (APMDC) through a memorandum of... 

Solutions team customises maintenance safety product

By: Dylan Stewart Responding to industry requests, identification solutions manufacturer Brady has introduced customised additions to its Lockout/Tagout system, a product that has the ability to totally cut off any flows of energy into a particular machine, over the past six months. 

European mining seemingly regaining lost lustre as at least one mine opens each year since 2008

By: Ilan Solomons Europe is remarkable in that its mining industry predates the Roman Empire, yet large portions of unexplored territories with highly prospective resources remain, says European metals and minerals mining representative body Euromines president Mark Rachovides. Mattia Pellegrini, head of the raw... 

European mining seemingly regaining lost lustre as at least one mine opens each year since 2008

By: Ilan Solomons Europe is truly remarkable in that its mining industry predates the Roman Empire, yet large portions of unexplored territories with highly prospective resources remain, says European metals and minerals mining representative body Euromines president Mark Rachovides. European Commission... 

Ferrum Crescent on the cusp of completing Moonlight BFS

By: Megan van Wyngaardt The £500 000 of funding raised on Thursday by triple-listed Ferrum Crescent will enable the company to complete the bankable feasibility study (BFS) at its high-quality Moonlight magnetite iron-ore project, in Limpopo. The company had received applications from shareholders to subscribe for... 

Solidarity vows to protect members amid Evraz business rescue

By: Natalie Greve Trade union Solidarity said on Wednesday that it would protect the interests of its members at Evraz Highveld Steel and Vanadium, in eMalahleni, after the company announced on Tuesday that it had entered into business rescue proceedings. Solidarity, which represented 350 of the company’s 2 400... 

Indian iron-ore miners’ woes persist as govt disregards pleas to slash 30% export tax

By: Ajoy K Das An unlimited power to tax involves, necessarily, a power to destroy; because there are limits beyond which no institution and no property can bear taxation.” – John Marshall (1755-1835) Indian iron-ore miners could well be lamenting that the country’s fiscal managers are seemingly unfamiliar with... 

Indian iron-ore miners’ woes persist as govt disregards pleas to slash 30% export tax and legislative changes take effect

By: Ajoy K Das “An unlimited power to tax involves, necessarily, a power to destroy; because there are limits beyond which no institution and no property can bear taxation.” – John Marshall (1755-1835) Indian iron-ore miners could well be lamenting that the words of this great American jurist and statesman were... 

Noront Resources consolidates position in Ontario’s Ring of Fire for a bargain 

By: Henry Lazenby Northern Ontario’s emerging minerals-rich Ring of Fire (RoF) mining camp has a new champion after US-focused iron-ore producer Cliffs Natural Resources agreed to bow out of the prospective region by selling its claims to explorer Noront Resources for $20-million. Noront, which was currently in... 

Ferrex continues development of African plays, eyes mineral producer status

By: Natalie Greve Manganese development and iron-ore exploration company Ferrex has made “solid” headway in the development of its multicommodity portfolio throughout Africa, maintaining its objective of becoming a low-cost producer of minerals for the steel industry. The Aim-listed group outlined in results... 

Indian company mulls major developments at its Mozambique mine 

By: Keith Campbell Indian State-owned company International Coal Ventures Limited (ICVL) is to invest some $1.9-billion in Mozambique. This has been revealed by ICVL Mozambique Director General Nirmal Chandra Jha to The Indian Express newspaper. The company now owns 65% of the Benga coal operation, and 100% of the... 

Northern Iron takes alternative route to advance Griffith mine

By: Simon Rees After a tough 2014, junior mining companies will no doubt hope the economic headwinds start to recede in 2015. But it is already too late for some, their fates sealed by evaporated treasuries. Many of these companies tried to weather the storm by slashing expenditure and praying for a return of... 

Has China reached peak graphite? – Benchmark Mineral Intelligence 

By: Creamer Media Reporter According to a report released this week by London-based Benchmark Mineral Intelligence, China’s share of global natural graphite output will fall by 15% this year to levels not seen since the mid-1990s, when the country began exporting to international markets. This year alone the country’s... 

Alliance formed to develop mine-to-market manganese-based batteries

By: Henry Lazenby Saskatoon, Saskatchewan-based Star Minerals Group has joined forces with Cooperative Mineral Resources (CMR) of Brainerd, in Minnesota, and Octopus Technologies (OTI) of Vancouver, in British Columbia, to develop a mine-to-market manganese-based battery technology. Star is a junior mining... 

Indian steel producers in arms over iron-ore mining leases

By: Ajoy K Das Indian steel producers are up in arms over the grant of an iron-ore mining lease to merchant miners, in the southern province of Karnataka. The provincial government of Karnataka, where a Supreme Court order in 2011 banned iron-ore mining, was hoping to restart operations and in the process... 

Rio Tinto and Sinosteel extend Pilbara JV

By: Esmarie Swanepoel Mining giant Rio Tinto has inked a heads of agreement (HoA) with Sinosteel Corporation to extend the Channar Mining iron-ore joint venture (JV), in the Pilbara. The original Channar JV was signed in 1987 and provided for the production of 200-million tonnes of iron-ore. It was extended in 2010... 

BHP and Mitsubishi open new Qld coal mine, face backlash over jobs

By: Esmarie Swanepoel Mining giant BHP Billiton and its joint venture (JV) partner Mitsubishi on Monday officially opened its $3.4-billion Caval Ridge metallurgical coal mine, in Queensland. This is the eight mine to be opened by the JV. 

On-The-Air (03/10/2014)

By: Martin Creamer High South African rail tariffs are threatening to stifle a new R5-billion coal investment in Limpopo province; Broke junior mining companies are tumbling under the force of the huge headwinds confronting them; The Zambian government’s refusal to repay VAT claims back to mining companies is... 

Indian Steel Ministry claims discrimination

By: Ajoy K Das The Indian Steel Ministry has raised the issues of competitiveness of domestic steel producers or rather the erosion of it, with the Prime Minister, claiming discrimination against the industry. In a presentation to Prime Minister Narendra Modi, the Steel Ministry has cited discrimination in the... 

India's miners sharply divided over iron-ore export tax 

By: Ajoy K Das The Indian mining industry is sharply divided on government policy on an export tax for iron-ore. A section of the industry has called on the government to reduce the 30% export tax on iron-ore, justifying it on the grounds that there is sufficient availability of resources, while another... 

Creamer Media publishes Steel 2014 research report

Creamer Media’s Steel 2014 report provides an overview of the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon steel and stainless steel producers. 

Temporary closure of Odisha iron-ore mines to hike Indian import dependency

By: Ajoy K Das India’s Supreme Court order temporarily shutting down almost half of the iron-ore-producing mines in Odisha, which was issued last Friday, was expected to trigger a sharp rise in imports of the resource, reversing the current falling trend. The Supreme Court order closing down 26 mines across... 

Walter Energy to idle Canadian operations

By: Henry Lazenby Coal miner Walter Energy on Tuesday said that it planned to idle its Canadian coal mines in the face of weak metallurgical coal prices, placing more than 695 jobs on the line. The Birmingham, Alabama-based ‘pure-play’ metallurgical coal producer for the global steel industry, which has coal... 

Further order from leading Italian steel producer

Tenova TAKRAF Italy has been awarded a contract by ILVA S.p.A., the leading Italian steel producer, for the design and supply of a bucket chain continuous shipunloader for handling iron ore and coal at the ILVA steel plant in Taranto, Italy.  This plant is the largest of its kind in Europe.  The... 

China’s environmental policy will not curb iron-ore demand – analyst

By: Esmarie Swanepoel China’s drive to clean up its steel industry’s environmental act was expected to have little impact on iron-ore demand in the short term, advisory firm Wood Mackenzie said on Friday. While China has instituted a number of emergency measures on regional steelmakers, with mills in Tangshan ordered... 

Moatize coal operation awaits new infrastructure to achieve full capacity

By: Keith Campbell Brazilian mining major Vale’s Moatize coal operation in the Tete province of Mozambique remains constrained by logistical inadequacies, although its output was slightly higher in 2013 than in 2012. However, the miner remains confident in the future of the mine. “Moatize is being developed to be a... 

Rio Tinto announces two board appointments

By: Esmarie Swanepoel Mining giant Rio Tinto has appointed Anne Lauvergeon and Simon Thompson as non-executive directors to its boards, with both also appointed to the sustainability and nominations committees. Lauvergeon, who will assume her role on March 15, has over 30 years experience across a number of fields,... 

Regulator proposal, e-auction put Indian miners, steel firms on collision course

By: Ajoy K Das India’s iron-ore e-auction trial runs in Karnataka and Goa and a proposal for an iron-ore regulator have placed miners and steel producers on a collision course. Mining companies say existing mining and mineral legislation does not permit the e-auction of iron-ore, while steel producers accuse... 

India imposes 5% tax on exports of iron-ore pellets

By: Ajoy K Das The Indian government has imposed a 5% tax on the export of iron-ore pellets in response to demand from domestic steel industry. The Indian steel industry made representations to the government that nil rate of duty on exports of iron-ore pellets and 30% tax on export of iron-ore fines had led... 

Blasting a success at local iron-ore mine

At the request of iron-ore supplier to the steel industry Kumba Iron Ore, explosives company AEL has in July fired a calcrete blast containing 2 686 holes in the newly opened Klipbankfontein pit at Kolomela iron-ore mine in the Northern Cape. “There was a tight deadline as the blast had to be... 

Finnish steelmaker launches North American operations

By: Henry Lazenby Finnish steelmaker Ruukki on Tuesday opened a US headquarters in Pittsburgh, Pennsylvania, and a new Canadian headquarters in Toronto, as it expands in North America. Kevin Kale, who the company said has 17 years of experience in the steel industry, would head the Ruukki office in Pittsburgh,... 

India’s Steel Ministry moots new JV to boost supply linkages for steel industry

By: Ajoy K Das India’s Steel Ministry has mooted a proposal for a joint venture (JV) between iron-ore miner NMDC Limited and Orissa Mining Corporation (OMC) to offer stronger iron-ore supply linkages to domestic steel producers. Noting that the steel industry faced problems of raw material linkages, the Steel... 

Boart Longyear Receives International Mining Hall of Fame Nomination

By: Creamer Media Reporter Boart Longyear, the world’s leading provider of integrated exploration drilling services, equipment and performance tooling, is proud to announce that Edmund J. Longyear has been nominated in the exploration category for the International Mining Hall of Fame 

Creamer Media publishes Steel 2013: A review of South Africa's steel industry electronic report

The global steel industry experienced a challenging year in 2012, with the World Steel Association, which represents steelmakers in 62 countries, reporting that apparent steel consumption increased only 1.7% in 2012, a sharp drop from the 7.4% growth in 2011, owing to the European debt crisis,... 

SA’s leading steel producer gears up for carbon-tax battle 

By: Terence Creamer Steel producer ArcelorMittal South Africa (Mittal) has again warned that the National Treasury’s proposed carbon tax will have a yearly negative financial impact on the company of between R600-million and R650-million. It has also confirmed that it is preparing a detailed response to the National... 

Company Announcement: Centaurus Updates Jambreiro Project Development Schedule

By: Creamer Media Reporter Centaurus Metals Ltd advises that, as a result of positive recent developments with its ongoing negotiations for product off-take, it has revised its target schedule for development of its flagship Jambreiro Iron Ore Project in south-east Brazil 

Offtake negotiations delay Jambreiro by six months

By: Esmarie Swanepoel Iron-ore developer Centaurus Metals has pushed back the development schedule of its flagship Jambreiro project, in Brazil, from the end of 2013 to mid-2014. ASX-listed Centaurus said on Tuesday that it had revised its timeline for development to accommodate ongoing negotiations for product... 

Indian govt rejects scrapping import duty on iron-ore

By: Ajoy K Das The Indian government has rejected the domestic steel industry’s demand that iron-ore imports be exempted from custom duty levies in the wake of a shortage of the raw material from domestic sources. According to a Finance Ministry statement, the government did not find it feasible to scrap the... 

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