Usiminas scales back iron ore mining plans

Brazilian steelmaker Usiminas has cut back on plans to expand its iron-ore production, reducing its targeted output by 2015 to 25-million tons from 29-million tons, the company's VP said on Monday. "The project is just being revised because a new...

Iron Ore-Upturn stalls on slow China steel market

SINGAPORE - Iron ore steadied on Wednesday after a recent spike in spot prices spurred caution among buyers who are worried a slow steel market in top consumer China cannot justify sustained gains in prices of the raw material. Offers for...

Macarthur Coal reports lower production, sales

Australian coal miner Macarthur Coal on Monday reported that saleable coal production had decreased by more than 24% during the 2011 financial year, compared with the previous year, owing to the severe weather conditions. Saleable coal production...

Ferro-niobium price stability benefits Malawi project, says Globe

The price stability of ferro-niobium (FeNb), coupled with the compound yearly growth forecast for FeNb of 10%, would significantly benefit ASX-listed Globe Metals & Mining’s Kanyika niobium project, in Malawi, the company said on Tuesday....

Australia's commodity export earnings dip

Australia’s energy and mineral commodity export earnings decreased by 1% to A$44,2-billion during the September quarter compared with the June quarter, the Australian Bureau of Agriculture and Resource Economics and Science (Abares) reported on...

IDC, Palamin, IMBS mulling over iron-making project at Phalaborwa

A joint venture between Palabora Mining Company (Palamin), the Industrial Development Corporation of South Africa (IDC) and technology development company Iron Mineral Beneficiation Services (IMBS) to explore the establishment of an iron-making...

Furnace designer starts up Consteel at US plant

Metals manufacturer Commercial Metals Company (CMC) has completed the successful start-up of a new Consteel system, designed and supplied by international furnace designer Tenova Core.

SA steel group confirms two-month iron-ore inventory, rolls over prices into March

Embattled South African steel producer ArcelorMittal South Africa, which requested the JSE to suspend trading in its shares until Wednesday after Sishen Iron Ore Company (SIOC) "cancelled" a favourable supply deal, has confirmed with Mining Weekly...

Chinese mining majors reportedly eyeing noncore Anglo assets

China’s largest iron and steel trader, China Minmetals Corporation, which is also a major mining group, was last week reported by China Daily to be interested in buying the zinc assets of Anglo American plc. Another journal, the Chinese-language...

SA steel products maker hoping to derive 50%-plus of its business from China in three to five years

Given the firm and growing demand from China, and the increasingly stronger rand crippling South African manufacturers, local manufacturer of steel products for the mining industry VR Steel expects that more than 50% of its mining business will...

China to subsidise import of niobium concentrates – Globe

Africa-focused Globe Metals & Mining on Tuesday stated that the Chinese National Development and Reform Commission would subsidise the import of niobium concentrates, used mostly in alloys, into China. This subsidy would also apply to other...

Tyre recycling and microencapsulation at Sishen mine

Two waste management projects under way at Kumba Iron Ore’s (KIO’s) Sishen mine, in the Northern Cape, are a tyre-recycling project and a microencapsulation process to treat contaminated soil.