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Iron-ore

Durban Container Terminal Pier 2
Draft Freight Logistics Roadmap promised by year-end
28th August 2023 By: Terence Creamer

A new ‘Freight Logistics Roadmap’ is currently undergoing an internal government consultative process for publication before the end of the year, the latest Operation Vulindlela progress update... 


Image shows Fiona Hick
CEO exit casts shadow on Fortescue results
28th August 2023 By: Esmarie Iannucci

Iron-ore major Fortescue has reported record shipments during the 2023 financial year, while also announcing the departure of CEO Fiona Hick only six months after her appointment. Hick’s... 


UK SFO closes Rio Tinto and ENRC investigations with no charges
UK SFO closes Rio Tinto and ENRC investigations with no charges
25th August 2023 By: Bloomberg

The UK’s fraud cops quietly dropped two long-running investigations into iron-ore giant Rio Tinto and Kazakh miner Eurasian Natural Resources Corp (ENRC). without bringing any charges, in another... 


ARM warns of lower earnings on lower prices, production and logistics challenges
24th August 2023 By: Creamer Media Reporter

Diversified mining and minerals company African Rainbow Minerals (ARM) expects to report an 18% to 27% year-on-year decrease in headline earnings to between R8.28-billion and R9.3-billion for the... 


Drilling confirms Bloom Lake expansion potential
Drilling confirms Bloom Lake expansion potential
24th August 2023 By: Mariaan Webb

Dual-listed Champion Iron has confirmed the expansion potential of the Bloom Lake mine, in Quebec, announcing a 40% increase in its measured and indicated resources. The company has updated its... 


Railway infrastructure
Transnet revamps security as crime hobbles trains
23rd August 2023 By: Bloomberg

State-owned rail network operator Transnet has hired five private security companies in an effort to reduce chronic theft and vandalism of trains that disrupt its operations. Transnet said it was... 


Call opens for public opinion on new Fortescue mine
23rd August 2023 By: Esmarie Iannucci

Iron-ore major Fortescue’s plans for a new mine near Newman, in Western Australia, has been opened for public comment. The Nyidinghu mine would mine up to 65-million tonnes a year of ore and... 


The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 


Technical refresh adds to Buena Vista economics
21st August 2023 By: Esmarie Iannucci

A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y... 


An image of the Simandou Range
Explorer diversifies with Guinea iron project
18th August 2023 By: Nadine Ramdass

Australia-headquartered, ASX-listed West Africa explorer and developer Arrow Minerals’ early-stage Simandou North iron project, in south-eastern Guinea, is assisting in consolidating the company’s... 


Transnet Portia Derby
Transnet CEO fears major job losses in trucking industry after road demand fades
17th August 2023 By: Bloomberg

South Africa’s surge in trucking that’s emerged largely due to higher coal prices and train bottlenecks may lead to catastrophic job losses in the road transport sector when factors ease, according... 


Exxaro Resources CEO Dr Nombasa Tsengwa.
Decarbonisation is urgent imperative, says coal mining company Exxaro
17th August 2023 By: Martin Creamer

Decarbonisation of coal mining company Exxaro’s operations and entire value chain is an urgent imperative to reduce carbon dioxide emissions, which will result in the additional benefits of... 


Stockpiles could add potential at Buena Vista
16th August 2023 By: Esmarie Iannucci

Iron-ore junior Magnum Mining & Exploration will evaluate stockpiles at its Buena Vista project, in Nevada, as potential mill feed. The company on Wednesday said that the stockpiles are estimated... 


Buena Vista could have 25-year life
14th August 2023 By: Esmarie Iannucci

A scoping study into the Buena Vista iron-ore project, in Nevada, has estimated that the project could produce some 1.6-million tonne a year of concentrate over a mine life of 25-years.... 


Genmin signs another MoU in Gabon
11th August 2023 By: Esmarie Iannucci

Junior iron-ore developer Genmin has signed a non-binding memorandum of understanding (MoU) with China’s Valin Hongkong International Trade Co, a subsidiary of Hunan Valin Steel Co over the... 


Image shows rail lines
Simandou partners strike trans-Guinean infrastructure deal
11th August 2023 By: Esmarie Iannucci

Major Rio Tinto on Friday announced that the Simandou joint venture (JV) partners had concluded key agreements with the Republic of Guinea and the Winning Consortium Simandou (WCS) on the... 


Rio strikes green steel initiative
10th August 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto has partnered with industrial start-up H2 Green Steel on a green steel initiative. Under a multi-year supply agreement for high grade direct reduction iron-ore pellets... 


Graves a barrier for Jindal’s $2bn South African iron mine
8th August 2023 By: Bloomberg

A plan by Jindal Steel & Power Ltd. to develop an up-to $2 billion iron-ore mine in South Africa is facing opposition from communities who say the operation would require thousands of homes and... 


Image shows mining operation
WA companies shrug off woes
7th August 2023 By: Esmarie Iannucci

Western Australia’s listed mining companies were worth a combined A$363.3-billion at the close of the 2023 financial year, up 21% on the previous year, advisory firm Deloitte found. The 2023... 


The above image depicts the SurfCleaner provided two SCO 1000 hybrid skimmer oil-water separators for use in an underground wash bay at a large iron-ore mine
Nature-inspired oil-water separator employed underground
4th August 2023

Water treatment specialist SurfCleaner has supplied its specialist water treatment technology to a large underground iron-ore mine, to treat water used in an underground wash bay. SurfCleaner... 


Genmin gets enviro approval in Gabon
2nd August 2023 By: Esmarie Iannucci

Iron-ore junior Genmin has received environmental approval for its Baniaka iron-ore project in Gabon. The company on Wednesday said that Gabon’s Minister of Environment had approved the social... 


Massive Chinese State iron-ore buyer still an unknown quantity
Massive Chinese State iron-ore buyer still an unknown quantity
1st August 2023 By: Bloomberg

A year after China set up a company that’s expected to become the world’s biggest iron-ore buyer, the firm and how it will operate remains shrouded in mystery. China Mineral Resources Group was... 


Bloom Lake posts record quarterly output
Bloom Lake posts record quarterly output
28th July 2023 By: Mariaan Webb

Iron-ore miner Champion, which operates the Bloom Lake mine on the south-end of the Labrador Trough, has posted record quarterly production, despite navigating one of Quebec’s biggest forest fires... 


Iron-ore prices expected to follow downward trend – BMI
28th July 2023

Research firm BMI is revising downward its 2023 iron-ore price forecast from a yearly average of $125/t to $110/t, owing to a weak rebound in mainland China’s industrial sector having pressured... 


Three large mine dump trucks carrying ore to a processing plant owned by Pensana in Angola
Magnet metals miner thankful for ongoing support
28th July 2023

London-listed magnet metals miner Pensana chairperson Paul Atherley has lauded the ongoing support from the government of Angola, the sovereign wealth fund of Angola – Fundo Soberano de Angola... 


A large red rock which shows clear indications of a high grade iron-ore deposit
ESG certification for Gabon iron-ore producer
28th July 2023

Emerging African iron-ore producer Genmin advised last month that it was awarded environmental, social and governance (ESG) certification by independent, transparent assessment platform Digbee ESG.... 


an image depicting iron-ore
Local challenges hinder greener steelmaking
28th July 2023 By: Sabrina Jardim

With iron-ore production having declined in South Africa over the past two years, the country faces several challenges that could hinder the realisation of establishing a greener steelmaking... 


An image depicting a process tank
Movable pump for iron-ore miner
28th July 2023

The Tornado T1 rotary lobe pump – designed by Germany-based pumps manufacturer NETZSCH for a variety of applications, including for the pumping of slurry – has had its use case for pumping process... 


Anglo American CE Duncan Wanblad.
Southern Africa is now Anglo’s only business region not on renewable energy
27th July 2023 By: Martin Creamer

Southern Africa is now the only region in the Anglo American business fold that is not on renewable energy because the company cannot go to a market and acquire that energy in the same way that it... 


Iron-ore looks set for a tumble as major stimulus hopes fade
Iron-ore looks set for a tumble as major stimulus hopes fade
27th July 2023 By: Bloomberg

Iron-ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the type of big-bang, infrastructure-heavy stimulus that China used to deploy. Authorities have... 


New Anglo American Platinum CEO Craig Miller.
Craig Miller is new Anglo American Platinum CEO
27th July 2023 By: Martin Creamer

Anglo American Platinum FD Craig Miller is the new CEO of Anglo American Platinum, with effect from October 1. This follows incumbent CEO Natascha Viljoen’s decision in February 2023 to take up the... 


Image shows Fortescue export operations
Fortescue marks record shipment in full year
27th July 2023 By: Esmarie Iannucci

Iron-ore major Fortescue has reported record iron-ore shipments for the full year ended June following a strong June quarter. The miner on Thursday said that iron-ore shipments in the June... 


Anglo American Platinum CEO Natascha Viljoen.
Challenge of producing green hydrogen economically has been met – Natascha Viljoen
26th July 2023 By: Martin Creamer

The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview.... 


Image shows Rio Tinto branded work-wear
Falling prices bite into Rio profits
26th July 2023 By: Esmarie Iannucci

Falling commodity prices has seen major Rio Tinto report a 43% drop in net earnings for the six months to June, compared with the previous corresponding period. The miner on Wednesday announced a... 


An image showing Kumba Iron Ore CEO Mpumi Zikalala
Kumba lowers full-year sales guidance as logistics challenges persist
25th July 2023 By: Tasneem Bulbulia

JSE-listed Kumba Iron Ore achieved a solid operational and financial performance for the six months ended June 30, despite ongoing logistics constraints and weak global steel demand impacting on... 


Iron Bridge ships first manganese
25th July 2023 By: Esmarie Iannucci

Iron-ore major Fortescue has loaded the first high-grade magnetite project from its newly built Iron Bridge operation, in the Pilbara, for shipment to customers in Vietnam. The first shipment... 


Fenix completes Mt Gibson buy
24th July 2023 By: Esmarie Iannucci

ASX-listed Fenix Resources has completed the near A$25-million acquisition of fellow-listed Mount Gibson Iron’s Mid West iron-ore mining and infrastructure assets. The assets include the Shine... 


multitec brazil branch, forklift driver with boxes and crates in warehouse
Multotec opens manufacturing plant in Brazil to better serve iron-ore miners
21st July 2023 By: Darren Parker

Multotec has expanded its operation in Brazil with the opening of a manufacturing facility. This enables the company to bring its manufacturing capabilities closer to its customers in the country.... 


Anglo’s second-quarter production up 11%
20th July 2023 By: Martin Creamer

Diversified mining company Anglo American lifted second-quarter production by 11% compared with the second quarter in 2022, reflecting the ramp-up of its new Quellaveco copper mine in Peru, which... 


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