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Iron-ore Mining

Researcher forecasts a consistent price for iron-ore

7th December 2018 Macroeconomic researcher Fitch Solutions – formerly known as BMi Research – has maintained its average iron-ore price forecast for 2018 at $6.0/t. However, despite the recent August rally – which stemmed from a combination of stocking up of ore by Chinese steel producers as low-grade polluting... 

Manufacturer ensures top quality screens for iron-ore sector

By: Shannon de Ryhove     7th December 2018 Vibrating and original-equipment manufacturer (OEM) and supplier Kwatani has successfully custom-engineered and manufactured about 1 000 of its robust vibrating screens and feeders in the iron-ore sector in South Africa to date, while more than 15 000 units have been shipped into 35 countries... 

Manufacturer ensures top quality screens for iron-ore sector
Photo by Kwatani
PARTNERSHIP Kwatani can design and manufacture solutions to suit the precise requirements of an iron-ore mine as well as scientifically monitor and measure its performance

Asset flexibility strategy to deliver value

27th July 2018 Metal and mining corporation Rio Tinto’s Iron Ore business aims to continue to deliver superior value for its shareholders by developing greater flexibility across its system of mines, rails and ports in Western Australia so that it is capable of dynamically responding to changes in market and... 

Asset flexibility strategy to deliver value
OPENING UP THE BOTTLENECK Rio Tinto plans to ensure its rail infrastructure is able to handle mine capacity by the end of next year

Iron-ore processing requires stronger equipment

By: Paige Müller     27th July 2018 Materials handling wear solutions company Rio-Carb’s turnkey liner solutions are “ideal” for reducing the regular and costly maintenance required by iron-ore processing facilities, says Rio-Carb director Sias Suurd. He tells Mining Weekly that iron-ore is particularly demanding on processing... 

Iron-ore processing requires stronger equipment
ABRASIVE MATERIALS Rio-Carb’s range of Chromium Carbide liners is suited to handle abrasive materials such as iron-ore

Mine opens education centre for local community

27th July 2018 Diversified miner Anglo American’s Kumba Iron Ore opened the Sishen Education Centre at Tamaga Lodge, situated on the Sishen Nature Reserve, outside Kathu in the Northern Cape as part of its celebration of World Environment Day, in June.  The Northern Cape Provincial Government Gazette declared... 

Mine opens  education centre for local  community
ENVIRONMENTAL EXPERIENCE Kumba Iron Ore believes that an environmental education centre will allow school learners and tertiary students to experience nature and learn in a natural environment

New iron-ore mine showing profitability

By: Paige Müller     27th July 2018 Relative newcomer to the South African iron-ore industry, industrial minerals and construction materials group Afrimat, states that its new Demaneng iron-ore mine in the Northern Cape is starting to show profitability, bolstering Afrimat’s diversification strategy into bulk commodities. Afrimat... 

New iron-ore mine  showing profitability
MINE TURNAROUND Demaneng Iron Ore has started to show a profit under Afrimat management

SA iron-ore industry struggles more than most

By: Paige Müller     27th July 2018 The outlook for the South African iron-ore industry remains “bleak”, owing to stagnant local economic growth, a negative local investment environment and a significant drop in global demand for iron-ore, says commodities market analysis firm Core Consultants MD Lara Smith. She emphasises that the... 

SA iron-ore industry struggles more than most
Photo by Bloomberg
AFFECTED PRODUCTION China’s attempt to curb harmful emission levels has resulted in reduced steel production, which is negatively impacting on global iron-ore imports

Global iron-ore growth to be modest

8th December 2017 Global iron-ore production will grow modestly, with mine restarts and expansions predicted in Brazil and India, boosting production, predicts international market research firm BMI Research. However, output growth in China will decline on the back of falling ore grades and high production costs,... 

Global iron-ore growth to be modest
MODEST GROWTH BMI predicts that the iron-ore sector will grow modestly in 2018

South African equipment company supplies iron-ore giant

8th December 2017 South Africa-based process equipment sales and supply company MIP Process Technologies has landed a contract to supply equipment to global iron-ore giant Ehya Sepahan, which has operations in the Middle East, most notably Iran. Ehya Sepahan CEO Hadi Golzar and technical and planning manager... 

South African equipment company supplies iron-ore giant
Photo by Duane Daws
STEEL COMMITMENTS Half of Ehya Sepahan’s iron-ore is consumed by the steelmaking industry

Environmental permit bodes well for project financing

8th December 2017 Iron-ore explorer and developer Zanaga Iron Ore Company (ZIOC) expects the environmental permit for its iron-ore project from the Republic of Congo’s ministry of environment to help attract finance to enable the valuable resource to be brought into production. A joint venture with natural... 

India seeks globally accepted regulations, tax

By: Ajoy K Das     8th December 2017 India’s Steel Ministry is seeking to align the domestic iron-ore mining industry with globally accepted regulations and practices as the country aims to be a 300-million-ton-a-year globally competitive steel producer by 2030. In the course of inter-Ministerial consultations about a new National... 

India seeks globally accepted regulations, tax
Photo by Bloomberg
SUPPLY LINKAGES India’s Steel Ministry has backed the adoption of long-term supply linkages between mines and steel producers

Forecast price drop influenced by Chinese economic refocusing

By: Megan van Wyngaardt     8th December 2017 Maintaining its iron-ore price forecast at an average of $70/t for the year and $50/t for 2018, research firm BMI says its predicted price drop is influenced by China’s economic refocusing away from heavy industry. “This will dampen demand for iron-ore,” the firm says, adding that, when combined... 

Forecast price drop influenced by Chinese economic refocusing
Photo by Duane Daws
KOLOMELA MINE Kumba Iron Ore’s newest mine, located in the Northern Cape. Its subsidiary, Anglo American, aims to offload most of its South African assets

Wuhlf Equipment

8th December 2017 Started in 2005, South African heavy-duty equipment manufacturer, supplier and importer Wuhlf Equipment has supplied more than 2 000 pieces of equipment over the years. The company operates from its facility in Wallmansthal, Pretoria, where it will manufacture its recently launched 70 kW... 

Wuhlf Equipment

Company continues ramp-up of new iron-ore asset

By: Natasha Odendaal     8th December 2017 Industrial minerals, commodities and construction materials group Afrimat has successfully recommissioned its recently acquired iron-ore play, with full production on track for March 2018. The acquisition of the distressed small iron-ore mine, Diro, in the Northern Cape, had marked a new phase... 

Company continues ramp-up of new  iron-ore asset
DIRO MINE Afrmat invested R300-million into the Diro iron-ore mine in the Northern Cape

Sub-Saharan Africa’s iron-ore sector to benefit from Chinese investment

28th July 2017 Sub-Saharan African iron-ore production is expected to continue to edge up from 93-million tons in 2017 to 103-million tons in 2021, as continued Chinese investment in the region offsets the effects of lower global prices, says research firm BMI, which also, however, warns of the risk the... 

Modest growth predicted in key iron-ore producing countries

28th July 2017 Global iron-ore production will grow modestly, predicts research firm BMI, which breaks this growth in output down further, to mine restarts and expansions in Brazil and India. The company’s analysis posits that global iron-ore production will grow modestly from 3.091-billion tons in 2017 to... 

More cost cutting as local steel demand still dim

28th July 2017 To mitigate some of the negative impact of a worse-than-expected performance in the first quarter of the year, South Africa’s largest steel producer ArcelorMittal South Africa (AMSA) is implementing further cost cutting and efficiency measures. This will also include a review of the long steel... 

Mines continue to drive sustainable value creation

By: Simone Liedtke     28th July 2017 The African mining industry is increasingly focusing on generating as much value as possible from mining projects to benefit all mining stakeholders and strengthen its position as a sustainable contributor to the continent’s economies, says consulting engineer Aurecon resources client director... 

Mines continue  to drive sustainable value creation
ASSMANG KHUMANI Community-benefiting projects are associated with mining company Assmang’s Khumani iron-ore mine, located in the Northern Cape, South Africa

Brazil and Australia to drive industry growth

2nd December 2016 Global iron-ore production growth is set to become stagnant owing to contracting output by high-cost iron-ore producers in China, while output growth in Australia, Brazil and India will remain positive enabled by a pipeline of expansion projects by major miners, notes market researcher BMI... 

Brazil and Australia to drive industry growth
MAJOR MINERS EXPANDING Brazil's iron-ore sector is expected to continue to outperform in terms of production growth over the coming years

South African iron-ore industry remains weak

By: Kimberley Smuts     2nd December 2016 Stagnating growth in China and low domestic demand continue to pressure the iron-ore mining industry in South Africa, which needs a coordinated approach by government and the private sector to attract investment, states privately-owned consultancy Core Consultants. Political uncertainty and... 

South African iron-ore industry remains weak
LARA SMITH It is not clear if the commodity super cycle will return in the near or medium term, but there are signs of improvement and some acquisition activity

Iron-ore consumption dependent on population and economic development

By: Kimberley Smuts     2nd December 2016 The biggest potential for growth in the iron-ore industry lies with countries in the ‘Next 20’, which refers to the 20 growing non-Bric bloc developing economies, including Indonesia, Pakistan, Bangladesh, Mexico, Philippines, and several sub-Saharan African nations, including Nigeria, Ethiopia,... 

Iron-ore consumption dependent on population and economic development
Photo by Anglo American
INDUSTRY REQUIREMENTS REMAIN Lack of infrastructure remains the biggest hindrance to growth in African iron-ore projects

Restructuring a must to sustain price, mine-site costs revealed

By: Robyn Wilkinson     22nd July 2016 Despite the current rally in demand for iron-ore, the current price is not sustainable, as the market still requires restructuring on the supply side to support the higher price, says UK-headquartered online data, analysis and advisory services provider Timetric. Timetric senior analyst Cliff... 

Restructuring a must to sustain price, mine-site costs revealed
LOW STRIP RATIOS KEY South Africa struggles to remain cost competitive because of high iron-ore strip ratios

Maximum value must be derived from mines, especially in challenging market

By: Robyn Wilkinson     22nd July 2016 State-owned research council for the minerals industry Mintek is investigating the recovery of iron-ore waste material, in the form of fines, in an attempt to help mines extract the maximum possible value from their operations. 

Iron-ore market likely to stay in oversupply

By: Robyn Wilkinson     22nd July 2016 Despite China’s commitment to reducing its crude steel production capacity, the iron-ore market remains oversupplied and this is unlikely to change in the foreseeable future, says engineering consultant Core Consultants CEO Lara Smith. 

Expos still valuable in a difficult market

By: Robyn Wilkinson     22nd July 2016 Industry expos remain an important platform for forging business connections, showcasing technology and discussing solutions to the challenges currently facing companies in the iron-ore sector, says exhibition organiser Mining & Technical Exhibitions (MTE) operations manager Andrew Macnamara.  

Expos still valuable in a  difficult market
UPBEAT REPORTS Many attendees of the Kathu Mining and Technical Expo reported that they remain positive about the industry’s outlook

New Australian iron-ore project will meet long-term demand

By: Robyn Wilkinson     22nd July 2016 While there is no doubt that the iron-ore industry’s operating conditions have been challenging, Australian iron-ore miner Iron Road believes that the long-term industry fundamentals are sound and that its new Central Eyre Iron Project (CEIP) is well placed to weather near-term cyclical weakness. 

New Australian iron-ore project will meet  long-term demand
Photo by Robert Lang
ANDREW STOCKS Taking action to enhance efficiencies across iron-ore operations is critical

Proven proficiency benefits operations

By: Robyn Wilkinson     22nd July 2016 Globally, low commodities prices are putting pressure on mining companies to ensure that all aspects of their operations are performed at the highest standard possible, including the proficiency of their laboratories, says support services provider to laboratories in the mining sector Qotho... 

Proven proficiency  benefits operations
IMPROVING CREDIBILITY Qotho's iron-ore proficiency testing scheme enables iron-ore laboratories (mine and commercial) to check the quality of their performance against that of competitors and peers

Mining solutions provider expands in CIS countries

By: Robyn Wilkinson     22nd July 2016 Despite globally depressed iron-ore prices, there are still opportunities for the supply of minerals processing solutions in Commonwealth of Independent States (CIS) countries like Russia and China, says mining equipment specialist Osborn Engineered Products export director Martin Botha. 

Mining solutions provider expands in CIS countries
MINING WORLD RUSSIA Johannesburg-based Osborn cemented its presence in Russia by exhibiting at the event this year

Heavy lifts at Kolomela save time, money

22nd July 2016 Mobile crane hire company Johnson Crane Hire has completed two heavy lifts for mining and bulk handling equipment supplier Tenova Takraf and civil engineer EMC Engineering at the Kolomela iron-ore mine in the Northern Cape, achieving significant cost and time savings for both clients by working... 

Heavy lifts at Kolomela save time, money
HEAVY HOISTS Johnson Crane Hire completed two heavy lifts at the Kolomela iron-ore mine in 11 days

Significant iron-ore supply-demand imbalance persists

By: Robyn Wilkinson     22nd July 2016 Internationally, the iron-ore industry continues to battle constrained operating conditions, caused by near-static demand and a surplus supply of good-quality iron-ore, negatively impacting on the iron-ore price, says mining consultancy The MSA Group head of geology Dr Brendan Clarke. 

Significant iron-ore supply-demand imbalance persists
MAJOR STRATEGY Rio Tinto and BHP Billiton have countered low iron-ore prices by increasing production volumes at their mines

Major producer trying to save costs amid lower iron-ore price

By: Bruce Montiea     4th December 2015 The iron-ore sector is facing challenging times and the declining market is likely to continue having a significant impact on business, says iron ore supplier Kumba Iron Ore corporate communications manager Nikki Wetzlar. “No one has clear visibility on how low the prices will go and when they... 

Major producer trying to save  costs amid lower iron-ore price
COST CUTTING Some of the initiatives that Kumba has implemented to reduce controllable costs include reconfiguring its mines, such as Sishen, to save costs in all operational areas
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