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Ferrous Metals News

DTIC emphasises commitment to improve chrome beneficiation

By: Donna Slater     29th October 2020 Department of Trade, Industry and Competition (DTIC) director-general Lionel October emphasised, during a recent meeting of the Portfolio Committee on Trade and Industry, the department’s support for the implementation of a set of interventions to promote chrome beneficiation.   It emerged during... 

New coral species discovered on seabed prized for mining potential

By: Reuters     29th October 2020 Three species of black coral have been discovered on the seabed of the northern Pacific Ocean, an area where several countries have contracts to explore for metals including cobalt and nickel as they race to find new supplies of the key battery elements. The corals were discovered on deep... 

Fortescue spending big on fleet

By: Esmarie Iannucci     29th October 2020 Iron-ore miner Fortescue Metals has signed up for a A$32-million renewable hydrogen supply product that would enable ten of its coaches at its Christmas Creek mine, in the Pilbara region, to be fuelled with renewable hydrogen. The Christmas Creek operation would be the first mine in Australia... 

Fortescue sets quarterly record

By: Esmarie Iannucci     29th October 2020 Iron-ore major Fortescue Metals has reported a record first quarter of iron-ore shipments during the three months to September. Iron-ore shipments in the first quarter reached 44.3-million tonnes, up 5% than the previous corresponding period, while C1 costs declined by 2% in the same period to... 

Fortescue sets quarterly record

Giyani expects Botswana DEA to approve K Hill SToR by end of the quarter

By: Creamer Media Reporter      29th October 2020 TSX-V-listed Giyani Metals Corp expects the Botswana Department of Environmental Affairs (DEA) to approve the scoping and terms of reference (SToR) for its K Hill managanese project later this quarter. The environmental- and social-impact assessment (Esia) approval by the DEA is a two-stage... 

Struggling ferrochrome needs chrome export tax as interim measure – Richards Bay Alloys  

By: Martin Creamer     28th October 2020 The struggling electricity-intensive South African ferrochrome industry, which has taken significant strides to increase its efficiency and reduce its electricity consumption, needs urgent steps to be taken to enable it to restore its competitiveness. The most far-reaching of these is the... 

Struggling ferrochrome needs chrome export tax as interim measure – Richards Bay Alloys
Richards Bay Alloys CEO Andries van Heerden interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Bloom Lake returns to normal - Champion

By: Esmarie Iannucci     28th October 2020 ASX and TSX-listed Champion Iron has reported increased production in the three months to September, as operations at the Bloom Lake mine, in Quebec, returned to full operational capacity. Bloom Lake produced 2.2-million tonnes of high-grade iron-ore concentrate during the three months to... 

Bloom Lake returns to normal - Champion

Jupiter plans iron-ore spin-out

By: Esmarie Iannucci     28th October 2020 The board of ASX-listed Jupiter Mines has approved a demerger of the company’s Central Yilgarn iron-ore assets, and a subsequent initial public offering (IPO). The demerger will create a separately ASX-listed company that will focus on progressing the development of the Mount Mason direct... 

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration  

By: Martin Creamer     27th October 2020 A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom... 

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration
Minerals Council South Africa Junior Miners’ Forum Chairperson Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Toolbox of measures needed to arrest slippage of domestic chrome competitiveness

By: Donna Slater     27th October 2020 The Minerals Council South Africa says a comprehensive “toolbox” of measures is needed to improve the competitiveness of the entire chrome value chain, which has been impacted by a number of challenges. These challenges include nearly 40% of South Africa’s ferrochrome production having either... 

Decision soon on platinum process that can save power   

By: Martin Creamer     26th October 2020 The definitive feasibility study for the installation of a revolutionary new electricity-slashing processing plant at Pilanesberg Platinum Mine in the North West will be completed next month, in time for an investment decision from the shareholders in KellTechnology South Africa, which are... 

Decision soon on platinum process that can save power
Kelltech’s Keith Liddell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Brazil prosecutors accuse BHP, Vale of colluding to reduce payouts to disaster victims

By: Reuters     26th October 2020 Brazilian federal prosecutors have accused mining giants BHP and Vale of colluding with a lawyer to reduce compensation for victims of a fatal dam collapse and interfere with a landmark lawsuit against BHP in the UK. A mining waste dam burst in 2015 at BHP and Vale's Samarco joint venture in the... 

Transnet revamping concessions model to speed up private involvement in rail and ports 

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

Transnet revamping concessions model to speed up private involvement in rail and ports

Merafe records 37% production decline for nine months to September

By: Simone Liedtke     23rd October 2020 JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore Merafe chrome venture in the third quarter ended September 30, was 48 000 t. This brought its attributable ferrochrome production for the nine months to September 30 to 168 000 t, a 37% decrease on the 266 000 t... 

Council says lower power prices are among what ferrochrome industry needs  

By: Marleny Arnoldi     23rd October 2020 While the Minerals Council South Africa welcomes government’s steps to support domestic ferrochrome production and the chrome value chain, it has expressed disappointed at government not addressing competitiveness in its Cabinet statement delivered in the week of October 23. The interventions... 

Council says lower power prices are among what ferrochrome industry needs
Lanxess chrome operation, in Rustenburg

Protesters sit-in at Brazil miner Vale dam burst site, demand aid extension

By: Reuters     23rd October 2020 Roughly 150 demonstrators staged a sit-in at Brazilian miner Vale's administrative building in the town of Brumadinho on Thursday to protest their treatment nearly two years after a deadly mining waste dam collapsed there, killing about 270 people. The protestors are demanding an extension of... 

Covid has highlighted the value of operating remotely – mining editor 

By: Martin Creamer     22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... 

Covid has highlighted the value of operating remotely – mining editor
ifm Australia’s Freddie Coertze and Aditya Kunder.

South African Cabinet approves export tax on chrome ore 

By: Reuters     22nd October 2020 South Africa, the world's biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on chrome ore, according to a Cabinet statement on Thursday. "The interventions include the proposed introduction of the export tax on chrome... 

South African Cabinet approves export tax on chrome ore

Kumba on track to deliver full-year guidance

By: Tasneem Bulbulia     22nd October 2020 Anglo American subsidiary Kumba Iron Ore continued to achieve a good operational performance in the quarter ended September 30, demonstrating business resilience and a capacity to successfully adapt to working under Covid-19 conditions, CE Themba Mkhwanazi said on October 22. “Our first priority... 

Platinum well positioned in hydrogen economy’s sweet spots – WPIC  

By: Martin Creamer     21st October 2020 The upcoming platinum demand of Hyundai alone could come close to taking up the total annual production of one of South Africa’s biggest platinum mines. Hyundai has stated categorically, in a double-page advertisement in The Economist of London, that it will be making 700 000 fuel cell stacks a... 

Platinum well positioned in hydrogen economy’s sweet spots – WPIC
World Platinum Investment Council research director Trevor Raymond interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

NUM prepares for strike at Northern Cape mine

By: Marleny Arnoldi     20th October 2020 The National Union of Mineworkers (NUM) says it has declared a wage dispute with Assmang Operations, in the Northern Cape, after it was unable to reach a wage settlement with the iron-ore and manganese miner. The union initially demanded a 15% increase access the board, but lowered its demands... 

Australia’s commodities heartland set for major hydrogen plant

By: Bloomberg     20th October 2020 The desolate red sands of the Pilbara region in western Australia, home to most of the iron-ore mines that account for a major chunk of the nation’s export income, may one day house an ambitious hydrogen export hub. The Asian Renewable Energy Hub, which would use electricity from wind and solar... 

Australia’s commodities heartland set for major hydrogen plant

Brazilian miner Vale hints at fourth-quarter production boost

By: Reuters     20th October 2020 Brazilian mining company Vale reported on Monday an increase in iron ore output in the third quarter and predicted a further boost in fourth-quarter output at some units, as a number of mines ramp up production or come online. In a securities filing, the company said it produced 88.7-million... 

South Africa is well positioned to export green hydrogen ­– PwC  

By: Martin Creamer     19th October 2020 South Africa is in an extraordinary position to revolutionise its own economy and supply green hydrogen to the world, PwC said on Monday. “The energy transition is and will be biggest global theme this decade,” PwC associate director James Mackay told journalists at a virtual event covered by... 

South Africa is well positioned to export green hydrogen ­– PwC
PwC Hydrogen Report 2020 covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Low prices, demand results in drop in Afarak’s mining, processing volumes

By: Marleny Arnoldi     19th October 2020 LSE- and Nasdaq-listed Afarak Group has reported that its group production for the third quarter of the year at 40 766 t was 60.1% lower than the 102 219 t produced in the third quarter of 2019. This was owing to reduced mining activity in South Africa, the protection of staff amid Covid-19, low... 

Hydrogen fast-tracking will be much quicker than imagined – Sibanye-Stillwater  

By: Martin Creamer     19th October 2020 The fast-tracking of the hydrogen economy will be much quicker than most people have imagined, Sibanye-Stillwater CEO Neal Froneman said at the Financial Times (FT) Commodities Mining Summit, where he was part of a panel that included Anglo American Platinum CEO Natasha Viljoen and South32 CEO... 

Hydrogen fast-tracking will be much quicker than imagined – Sibanye-Stillwater
Financial Times Commodities Mining Summit covered by Mining Weekly’s Martin Creamer.

SMB-Winning aims to bring Guinea's Simandou iron ore to market in 2025

By: Reuters     16th October 2020 China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron-ore deposit into production by 2025, chairmperson Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project. The consortium - which includes Société Minière de Boké... 

Transnet shuts down Saldanha iron-ore terminal for maintenance

By: Marleny Arnoldi     16th October 2020 Coinciding with Transnet Freight Rail’s ten-day shutdown of its iron-ore rail corridor for maintenance, Transnet Port Terminals has also shut down the Saldanha Iron Ore Terminal, on October 16. The terminal’s shutdown forms part of the port authority’s annual maintenance plan for mechanical,... 

Company sets detonator new record

16th October 2020 The Enaex Africa team set another record for the highest number of detonators (3 876 units) fired in a single blast in South Africa, using DaveyTronic detonators at United Manganese of Kalahari (UMK). The average hole depth of the 1 938 holes was 14 m, with two detonators per hole. 

Company sets detonator new record
PRIORITISING SAFETY Record-breaking feats can only be celebrated when all involved are safe

Diverse offering key for Australian mines

By: Mamaili Mamaila     16th October 2020 Conveyor roller technology specialist Conveyor Products & Solutions (CPS) first sought to change the bulk materials handling market by introducing all-polymer rollers – the Yeloroll product range – to the conventional and stagnant roller industry. 

Diverse offering key  for Australian mines
GLOBAL FOOTPRINT From its humble beginnings in Perth, CPS now ships its products internationally, reinforcing the brand in the global mining industry

Mining committed to doing all it takes to improve worker health – Matlala 

By: Martin Creamer     15th October 2020 Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala on Thursday committed the South African mining industry to doing all it takes to ensure that employee lives are saved and health is improved. Speaking at a global virtual health seminar to reprioritise... 

Mining committed to doing all it takes to improve worker health – Matlala
Photo by Creamer Media
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala

Hydrogen-linked Platinum Valley Corridor Project under way – Nzimande 

By: Martin Creamer     15th October 2020 A Platinum Valley Corridor Project being developed as part of South Africa’s economic recovery was outlined by Higher Education, Science and Innovation Minister Dr Blade Nzimande on Wednesday. Taking part in the third Hydrogen Energy Ministerial meeting held virtually, Nzimande described the... 

Hydrogen-linked Platinum Valley Corridor Project under way – Nzimande
Photo by Creamer Media
Higher Education, Science and Innovation Minister Dr Blade Nzimande

Ten-day iron-ore rail corridor maintenance to start on October 16

By: Marleny Arnoldi     14th October 2020 Transnet Freight Rail (TFR) has advised that it will conduct a ten-day shutdown on the iron-ore rail corridor from October 16. During this time, the State-owned utility’s scope of maintenance work will include replacing 30 623 sleepers, three turnouts, 5 km of catenary wire, 1.2 km of contact... 

Fenix signs offtake agreement

By: Esmarie Iannucci     14th October 2020 Junior Fenix Resources has struck a binding offtake agreement with Sinosteel International holding Company for 50% of the expected production from its Iron Ridge iron-ore project, in Western Australia. The offtake agreement will span the life of the mine, and will allow for annual review... 

Southern Africa’s green hydrogen buy-in exceeding expectations – Sacreee  

By: Martin Creamer     14th October 2020 Southern Africa’s buy-in into the green hydrogen economy concept is exceeding expectations, Southern African Development Community (SADC) Centre for Renewable Energy & Energy Efficiency (Sacreee) executive director Kudakwashe Ndhlukula said on Tuesday. Green hydrogen is a clean form of hydrogen... 

Southern Africa’s green hydrogen buy-in exceeding expectations – Sacreee
Sacreee executive director Kudakwashe Ndhlukula discusses green hydrogen with Mining Weekly’s Martin Creamer.

Aboriginal group says Fortescue withholds royalties on mining leases

By: Reuters     13th October 2020 An Australian Aboriginal group said on Tuesday that Fortescue Metals is withholding nearly A$2-million in royalty payments until it signs off on mining leases that cover areas containing many sacred sites. The country of the Eastern Guruma, or Wintawari Guruma, people is one of the most heavily... 

E25 finds offtake for Butcherbird

By: Esmarie Iannucci     13th October 2020 ASX-listed Element 25 has inked a non-binding term sheet with a subsidiary of fellow-listed OM Holdings over all of the manganese ore produced at the first stage of the Butcherbird project, in Western Australia. Under the terms of the agreement, OM Materials would take up to 365 000 t/y of... 

Mining operations to start soon at Menar’s East Manganese project 

By: Simone Liedtke     12th October 2020 Mining investment firm Menar’s first manganese asset, East Manganese, in the Northern Cape, has been granted a mining right and water-use license, which the firm says paves the way for mining operations to start soon. The R250-million project was granted environmental authorisations in February... 

Mining operations to start soon at Menar’s East Manganese project
Menar's East Manganese operation.
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