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Iron-ore Mining
AI improves productivity
By: Leah Shelene Asaram 18th November 2022 The iron-ore mining sector continues to develop and enhance its productivity by introducing various types of sensors and information-capturing devices throughout the value chain to reduce production time and ensure fewer project interruptions. The devices achieve these goals using artificial... →
Insufficient capacity impedes sustainability
By: Leah Shelene Asaram 18th November 2022 The future of iron-ore as a commodity remains good, as demand should stay relatively stable, but for junior and midtier miners the future appears limited, owing to the lack of logistics capacity to export iron-ore via the current iron export channel, says JSE-listed mining and materials company... →
IRONS IN THE FIRE Afrimat selectively acquires Junior miners’ product to improve its product quality and volume when needed
Global market to reach 2.5bn tonnes by 2026 – analysts
29th July 2022 Amid the Covid-19 pandemic, the global market for iron-ore, estimated at 2.2-billion metric tonnes in the year 2022, was projected to reach a revised size of 2.5-billion metric tonnes by 2026, growing at a compound annual growth rate of 3.2% over the analysis, stated a report by market research... →
Development company acquires pelletising facility
29th July 2022 Cross-listed exploration and development company Champion Iron announced in May this year that it had entered into a definitive purchase agreement (DPA) for the acquisition of the Pointe Noire Iron Ore Pelletising Facility (pellet plant), located in Sept-Iles, Québec, through a wholly-owned... →
Iron-ore company receives strategic investment
29th July 2022 Canadian iron-ore company Labrador Iron Mines announced a $4-million strategic investment by NYSE-listed, integrated merchant banking company Scully Royalty. The strategic investment consists of a $3-million equity component alongside a $1-million convertible credit facility. Scully Royalty has... →
Company celebrates one year of zero harm
29th July 2022 Drilling technology solutions provider Rosond, based in Midrand, has celebrated a year of zero harm at its diamond drilling operation at mining company Kumba Iron Ore’s Sishen mine, near Kathu, in the Northern Cape. Rosond senior site manager Clayton Coetzee attributes the achievement to close... →
Explorer announces positive PFS results
3rd December 2021 Guinea-focused developer Société des Mines de Fer de Guinée (SMFG) chairperson Guy de Selliers and SMFG CEO Mamady Youla have announced the positive findings of its prefeasibility study (PFS) for the Nimba Iron Ore Project. →
Pelletising disc innovation reduces emissions
3rd December 2021 Screening, pelletising and primary crushing systems provider Haver & Boecker Niagara offers the Scarabaeus pelletising disc to enhance the productivity and profits of mining operations. The “cutting-edge” processing technology allows operations to sustainably produce iron-ore pellets by reducing... →
SA traders subjected to losses in iron-ore investments
By: Claire O'Reilly 3rd December 2021 South Africa often misses the most lucrative parts of boom markets, says African commodity market consultancy Core Consultants CEO Lara Smith. →
Equipment provider awarded BHP contract
3rd December 2021 Mining products and services provider Schlam announced last month that it had been awarded a multimillion-dollar national contract to supply its Hercules dump bodies to diversified miner BHP Minerals Australia. →
Key appointments for Kumba
23rd July 2021 Iron-ore mining company Kumba Iron Ore last month announced the appointment of Terence Goodlace to its board of directors as chairperson with effect from June 23, 2021. Goodlace has considerable mining experience and has served on the board for the last four years as an independent nonexecutive... →
Partnership drives decarbonisation through circular market ecosystem
23rd July 2021 Diversified major Rio Tinto and automation specialist Schneider Electric have signed a memorandum of understanding for a first of its kind collaboration to develop a circular and sustainable market ecosystem for both companies and their customers. This multi-product partnership will see Schneider... →
Company to deliver pelletising plant
23rd July 2021 Mining solutions provider Metso Outotec has signed a landmark contract for the delivery of an iron-ore beneficiation and travelling grate pelletising plant to an Africa-based project. The parties have agreed to not disclose the value of the contract. →
Exports could drive S Africa’s recovery
23rd July 2021 Exports could hold the key to South Africa’s economic recovery and growth. South Africa is experiencing a record trade surplus in the wake of the Covid-19 pandemic with exports far outpacing imports, notes financial services provider Standard Bank. Recent data released by the South African... →
Iron-ore price makes for positive outcomes
23rd July 2021 South African iron-ore miners are doing very well, with the iron-ore price currently at an all-time high, says portfolio manager, Mandi Dungwa, from specialist investment firm Kagiso Asset Management. Although China accounts for more than 65% of iron-ore demand – making it home to some of the... →
Solid results, despite Covid-19
4th December 2020 Openpit mining company Afrimat released its interim results for the six months ending on August 31, in October. The group, which has built up a track record of “excellence in small-scale mining and materials supply”, delivered solid results despite the effects of the global Covid-19 pandemic. As... →
MBE Minerals SA
4th December 2020 Increasing throughput and decreasing maintenance in the iron ore sector In a tightening economy the focus shifts to maximised return on investment. Increasing beneficiation process outputs whilst simultaneously adhering to safety regulations and minimising maintenance can be challenging. →
OLI South Africa
4th December 2020 We are surely living in some strange times. We are all forced to adapt to the changes and challenges needed to cope with 2020 and most companies are trying to find new ways to operate and to ensure their survival. →
Stilted supply boosts price
By: Khutso Maphatsoe 4th December 2020 In the past year, the price of iron-ore has recovered quite well, mainly on the back of constrained supply in South America and the economic recovery in China, with the latter driving consumption, explains international commodities consultancy Core Consultants MD Lara Smith. She notes that there... →
Kumba’s sustainability drive fosters shared value
4th December 2020 Iron-ore producer Kumba Iron Ore presented its sustainability performance last month, as reported by Mining Weekly Online. At the time, Kumba CE Themba Mkhwanazi said: “Sustainability is at the heart of who we are at Kumba and core to what we do. We recognise that a sustainability mindset,... →
Chinese steel industry could jeopardise project
By: Khutso Maphatsoe 4th December 2020 The Chinese steel industry is close to peaking, as it is expected to exceed one-billion tons in 2020; consequently, analysts predict that iron-ore consumption in China will plateau and decline, owing to the abundance of scrap in the country. Commodities consultancy Roskill steel alloys principal... →
Revathi Equipment Limited
24th July 2020 India’s leading blast hole drill manufacturer enters the African Market Revathi Equipment Limited (REL) is India’s leading manufacturer of high power range of blast hole drills for mining and construction, water well, exploratory drill rigs, and allied products for more than four decades. →
Sacred site destruction demonstrates industry's need to improve corporate citizenship
By: Mamaili Mamaila 24th July 2020 Diversified miner Rio Tinto's destruction of a 46 000-year-old sacred Aboriginal site in the Juukan Gorge in the Pilbara – which occurred in last month following a misunderstanding during the extension of the Brockman 4 iron-ore mine – demonstrates the adverse environmental and cultural impact... →
IN THE SPOTLIGHT Devastation left in the wake of a tailings dam burst owned by Vale and BHP Billiton in Mariana, Brazil
Miner steps up Covid-19 fight
By: Mamaili Mamaila 24th July 2020 Global miner Anglo American’s iron-ore company Kumba Iron Ore has ramped up its readiness to respond to the expected increase in Covid-19 cases among its employees and host communities. →
THEMBA MKHWANAZI We believe that we are ready to support our people and communities through a range of quarantine and isolation sites
Iron-ore-rich Guinea shows much potential
By: Mamaili Mamaila 24th July 2020 With Guinea not being a producer of iron-ore as yet, the major challenge for its projects – which are under consideration, owing to changing supply-and-demand dynamics – pertains to the evolution of investors’ commitments in response to the iron-ore price. →
WEST SIDE LOOKING UP Guinea is likely to increase its revenue gained from mining more rapidly than from other economic activities
Africa’s iron-ore sector largely unexplored – consultant
By: Mamaili Mamaila 24th July 2020 Mining projects in Africa, particularly those in the iron-ore sector, require deep pockets, lengthy feasibility studies and complementary infrastructure assets, such as efficient logistics channels, to get products from mine to markets. →
LOCAL IS LEKKER China imports some of its iron-ore for its steel manufacturing and construction industries from producers in the Northern Cape, such as Kumba Iron Ore
Leopard Lock
24th January 2020 The Leopard Lock from DPS March is the ultimate container lock, significantly mitigating the risk of transporting goods. Since 2010, more than 250 000 containers and trailers have been secured by the Leopard Lock, with an average of over 2 000 containers and trailers secured a month in Southern... →
Region recovery under way after dam collapse
6th December 2019 Iron-ore mining major Vale is still focused on the recovery of the region of Brumadinho, in Brazil, in addition to prioritising actions to manage development of the town and other affected territories, which include Barão de Cocais, Itabirito, and Macacos. Over the past nine months – since the... →
VALLEY OF DEATH The death and destruction caused by the Brumadinho tailings dam collapse was nothing short of tragic
Automated tech implemented at iron-ore project
6th December 2019 The trial of the Smart Mine technology project at iron-ore mining company Sokolov-Sarbai Mining Production Association’s (SSGPO’s) Kacharsky opencast site has been successful. SSGPO, a subsidiary of international metals and mining conglomerate Eurasian Resources Group (ERG), says that it plans to... →
Imminent trade war truce positive for iron-ore
By: Darren Parker 6th December 2019 Economic research institute Afriforesight expects the US and China to reach a trade war “truce” near the end of the year, providing some support for iron-ore. This anticipated resolution of the trade war is expected to have a positive effect on economic activity in general, including for steel... →
Nearing zero fatality milestone
By: Darren Parker 6th December 2019 Coal and iron-ore miner Exxaro Resources is making a final push to achieve its goal of being fatality free for three consecutive years. To better ensure that milestones like this can be reached, the mining company launched its Khetha Ukuphepha – Zulu for Choose Safety – campaign at its conneXXion... →
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