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Iron-ore

Locomotives operating on Transnet Freight Rail's rail lines
Clear commitment to reform implementation needed in SoNA – Mavuso
5th February 2024 By: Schalk Burger

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has urged President Cyril Ramaphosa to show a clear commitment to the hard work of reform implementation during his... 


The Simandou mine area
Guinea lawmakers approve JV for Simandou iron-ore development
5th February 2024 By: Bloomberg

Guinea’s National Transition Council approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and the government that seeks to develop the world’s biggest untapped iron... 


Copper sheets produced in the DRC
Western miners lag as oil powers enter race for Africa's critical metals
2nd February 2024 By: Reuters

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate... 


Former NT Minister quits Fortescue
Former NT Minister quits Fortescue
2nd February 2024 By: Mariaan Webb

Former Northern Territory chief Minister Michael Gunner has resigned from Fortescue Future Industries (FFI), citing personal reasons. Announcing his decision, Gunner said that working for the... 


Former BHP exec to chair iron-ore junior exploring Madagascar
31st January 2024 By: Creamer Media Reporter

Graeme Hunt, a former BHP iron-ore president, has been appointed chairperson of ASX-listed Akora Resources with effect from February 1. MD and CEO Paul Bibby says Hunt’s extensive iron-ore... 


Canadian miner greenlights $470m project for low-carbon steel feedstock
Canadian miner greenlights $470m project for low-carbon steel feedstock
31st January 2024 By: Mariaan Webb

Canadian iron-ore mining company Champion Iron on Tuesday announced a final investment decision (FID) for its direct reduction pellet feed (DRPF) project at the Bloom Lake iron-ore complex, in... 


Nigeria to offer investors 75% stake in proposed solid minerals firm
31st January 2024 By: Reuters

Nigeria plans to offer investors at least a 75% stake in a proposed solid minerals corporation, a minister said on Tuesday, as lawmakers draft legislation to create the new state-backed firm to... 


Ndalamo CEO Shammy Luvhengo.
Coal miner Ndalamo pursuing renewable energy, other minerals
31st January 2024 By: Martin Creamer

Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo... 


China Baowu raises $1.4bn via bond, mostly for Simandou iron-ore project
30th January 2024 By: Reuters

The world's largest steelmaker China Baowu Steel Group has raised ten-billion yuan ($1.4-billion) from a bond issue, in part for the giant Simandou iron-ore project in Guinea, it said on Monday.... 


Third mine disaster in a decade tests ESG boundaries in Brazil
30th January 2024 By: Bloomberg

Investors were swift to dump debt of Braskem after the Brazilian petrochemicals maker’s salt mine partially collapsed in December — a situation that has forced tens of thousands to evacuate the... 


Vale's 2023 iron-ore output tops guidance, but sales fall
Vale's 2023 iron-ore output tops guidance, but sales fall
30th January 2024 By: Reuters

Vale's iron-ore production grew 4.3% in 2023, topping the Brazilian miner's estimate for the year, while shipments of the commodity fell slightly, the company said on Monday. The firm produced... 


Image of US Prof Jan Havenga
Transnet needs ‘the right, permanent management, quickly’ – Havenga
29th January 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year compared with last year’s dismal performance, says transport economist and macrologistics... 


Brazilian President Luiz Inacio Lula da Silva
Brazil's mining chief says Lula never tried to weigh in on Vale succession
29th January 2024 By: Reuters

Brazilian President Luiz Inacio Lula da Silva has not sought to influence who will be chief executive of major mining company Vale, a senior official said on Friday, after recent reports suggesting... 


GEM and Anglo teams at signing ceremony.
Anglo launches battery raw materials research project with large China recycler
26th January 2024 By: Martin Creamer

South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and... 


Bento Rodigues district was covered in mud after Samarco dam burst in Mariana IN 2015.
BHP to review court decision on $31.5bn Fundao dam claim
26th January 2024 By: Reuters

BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155-billion reais ($31.53-billion) government claim over the 2015 collapse of Fundao dam owned by Samarco,... 


Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster
Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster
26th January 2024 By: Reuters

A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6-billion reais ($9.67-billion) in damages for a 2015 tailings dam burst, according to a legal... 


Richard Adkerson
Freeport-McMoRan's profit beats estimates on strong copper production
25th January 2024 By: Reuters

Copper miner Freeport-McMoRan beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by strong production and higher prices for the red metal, sending its shares up about 6% in... 


Plaintiffs demand €582m from TÜV Süd over Brazil dam burst
25th January 2024 By: Bloomberg

More than 1 400 plaintiffs are demanding over €582-million in damages from German industrial inspector TÜV Süd over its alleged role in the deadly collapse of a dam in Brazil, their lawyers said on... 


Iron-ore being loaded onto a ship
Red sea attacks push BHP to divert some shipping via African coast
25th January 2024 By: Reuters

Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service providers to take alternative routes, such as Africa's Cape of Good Hope,... 


Fortescue's first-half shipments hover near record high; shares rise
Fortescue's first-half shipments hover near record high; shares rise
25th January 2024 By: Reuters

Australia's Fortescue logged a near-record iron-ore shipments for the first half and kept full-year forecast unchanged on Thursday, as the mining giant ramps up production at its flagship Iron... 


The Maputo port
DP World’s $2bn Mozambique port expansion gets approval
24th January 2024 By: Bloomberg

Mozambique approved an extended deal for DP World, Grindrod and other operators of its biggest port, including a $2-billion expansion that will further draw cargoes away from neighboring South... 


Iron-ore drill core
Tsodilo applies to have Botswana Minerals and Energy Minister held in contempt of court
24th January 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has filed an interlocutory application in the Botswana High Court, calling on Minerals and Energy Minister Lefoko... 


Fortescue faces rare delays for China iron-ore customs clearance - sources
23rd January 2024 By: Reuters

At least two iron-ore cargoes from the world's No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China's Caofeidian port due to inspections for solid waste, sources... 


Two Australian resource-rich regions facing destructive storms
Two Australian resource-rich regions facing destructive storms
22nd January 2024 By: Bloomberg

Two Australian resource-rich regions are bracing for potentially damaging storms that could lead to flooding, the latest threats after months of extreme weather events. A tropical low developing... 


Lula pushes ally for Vale CEO as Brazil’s iron-ore miner weighs succession
Lula pushes ally for Vale CEO as Brazil’s iron-ore miner weighs succession
22nd January 2024 By: Bloomberg

Political lobbying as much as boardroom maneuvering could determine who wins the race to become the next boss of Vale, the world’s No. 2 iron-ore producer. Brazilian President Luiz Inacio Lula da... 


Startup aims to transform WA from world’s mine into world’s foundry
Startup aims to transform WA from world’s mine into world’s foundry
19th January 2024 By: Mariaan Webb

Perth-headquartered Element Zero, a green materials platform company launched by former Fortescue executives, has raised $10-million in seed funding for its pioneering zero-carbon metal conversion... 


Magnum pursues main board US listing
Magnum pursues main board US listing
19th January 2024 By: Mariaan Webb

Australia-based iron-ore firm Magnum Mining & Exploration has terminated its OTC-QB listing process and will instead pursue a listing on a major US stock exchange to advance its Buena Vista iron... 


Gwede Mantashe
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
18th January 2024 By: Martin Creamer

The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview... 


BHP CEO Mike Henry
BHP’s solid first half dimmed by metallurgical coal stumble
18th January 2024 By: Mariaan Webb

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Ian Cockerill, Mark Cutifani and Tony O'Neill
South Africa-linked mining luminaries advising on metals industry greening
17th January 2024 By: Martin Creamer

South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive... 


Plates of biochar and green pig iron
Engineering study demonstrates viability of Saudi green pig iron project – Magnum
17th January 2024 By: Chanel de Bruyn

ASX-listed Magnum Mining & Exploration has successfully completed an engineering study into the technical and economic viability of establishing a green, high-purity pig iron (GHPPI) project, in... 


Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker well-being at Copper 360
16th January 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
16th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


CZR sells Robe Mesa iron-ore project for A$102m
12th January 2024 By: Creamer Media Reporter

ASX-listed CZR Resources has entered into a binding agreement to sell its Robe Mesa iron-ore project to Miracle Iron Resources, with CZR retaining its Croydon and Buddadoo exploration assets. CZR,... 


JSE business development manager Patrycja Kula-Verster
JSE presents opportunity for critical mineral miners to access capital
12th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 


China's 2023 iron-ore imports hit a record high on rising demand
China's 2023 iron-ore imports hit a record high on rising demand
12th January 2024 By: Reuters

China's iron-ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of government-mandated steel output caps and... 


Ferrexpo reports 33% slump in annual iron-ore pellet production
11th January 2024 By: Reuters

Ferrexpo reported a 33% slump in annual production of iron-ore pellets on Thursday as the Ukraine-focused miner waded through a second year of disruptions caused by the Russian invasion. The... 


Genmin receives permit for Gabon iron-ore mine
9th January 2024 By: Darren Parker

Emerging African iron-ore producer Genmin has announced that a large-scale 20-year mining permit has been issued for its 100%-owned Baniaka iron-ore project in Gabon. The mining permit was issued... 


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