Company Announcement: Jambreiro preliminary pilot plant trial delivers high grade results

Full Pilot Plant Testwork Set To Commence In April To Verify Commercial Beneficiation Process Flowsheet For Bankable Feasibility Study

Iron-ore exports to China up at Port Hedland

Iron-ore shipments to China through Australia's Port Hedland rose modestly in February compared with January, according to data released by the port authority, suggesting steady demand from the world's largest steel industry after signs of a weak...

Sishen mine, South Africa

An iron-ore mine, situated in the Northern Cape.

Thabazimbi mine, South Africa

An openpit mine, situated in Limpopo.

India permits NMDC to resume supplies to Japan, S Korea

The Indian government has permitted the country’s largest iron-ore miner NMDC Limited to resume negotiations for long-term agreements with steel mills in Japan and South Korea, as well as to commit to iron-ore exports at least until 2014. The...

China Steel, Vale agree 23% iron-ore price cut-source

Taiwan's China Steel has agreed a 23% cut in iron-ore prices for October-December versus June-August with Brazilian miner Vale, a source with direct knowledge of the deal said on Tuesday. The steep price cut follows a 31% slump in spot iron-ore...

Sarawak ferroalloy smelting project, Malaysia

The project includes the construction of a ferroalloy smelter, with a production capacity of 600 000 t/y of ferroalloys, in Sarawak.

Cliffs CEO keeping his cool as iron-ore prices tumble

After iron-ore spot prices capitulated by nearly 20% this week to their lowest levels since more than a year ago, US producer Cliffs Natural Resources said on Friday it didn’t expect any further big declines. Speaking on the company’s...

Kumba sees short-term iron-ore price volatility

JSE-listed Kumba Iron Ore, which reported higher quarterly output, on Thursday warned of an increase in the volatility of iron-ore prices in the short term. The company, which forms part of Anglo American group, said steel mills were facing...

Ironclad’s Wilcherry Hill mining lease approved

The South Australian government on Monday approved the mining lease for Ironclad Mining’s Wilcherry Hill iron-ore project, paving the way for the ASX-listed junior to start exporting in the first quarter next year. “This signifies the start...

Gloucester ups profits despite production decrease

Australian coal miner Gloucester Coal has increased its net profit after tax for the year ended June, by 67%, to A$54.6-million, despite an decrease in coal production. Earnings before interest, tax, depreciation and amortisation was also 57%...

Moly price to keep climbing despite market turmoil – TCM boss

The stock market burnout over the past week is different to that of late 2008, and Thompson Creek Metals expects the molybdenum price will buck the downward trend in other metals and increase next week, chairperson and CEO Kevin Loughrey said on...