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Press Office - Weba Chute Systems & Solutions
- http://www.webachutes.com/
- Email: info@webachutes.com
- Telephone: +27 11 827 9372/3/4
The WEBA Chute System eliminates problems associated with conventional transfer chutes providing cost effective environmentally friendly solutions. The best results are achieved by incorporating the WEBA Transfer Chute System during the design phase of a new project.
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China's Sinosteel signs $680m iron-ore mine deal with Cameroon
By: Reuters 20th May 2022 Cameroon's government has signed a 420-billion CFA franc ($675.96-million) high-grade iron-ore mining deal with a subsidiary of Sinosteel Corporation Limited, as China seeks new sources of the steel-making ingredient. Sinosteel Cam, the Cameroonian subsidiary of the state-owned Chinese miner,... →
Rio hopes for bigger spending on growth projects
By: Esmarie Iannucci 20th May 2022 Diversified miner Rio Tinto is hoping to increase its investment in growth capital to $3-billion a year, by 2023 to 2024, with a focus on energy commodities, including iron-ore. CEO Jakob Stausham told the company’s annual general meeting on Thursday that the company was well placed to grow and... →
Specialised Milling by African Pegmatite
20th May 2022 African Pegmatite has been at the forefront of toll milling and the grinding of all types of products since 1971. Specialising in the milling of dark materials such as iron ore, manganese, chrome, slag and many others, African Pegmatite uses state-of-the-art, in-house, custom equipment to... →
Afrimat earnings grow on back of normalised volumes, strong iron-ore price 
By: Marleny Arnoldi 19th May 2022 JSE-listed construction materials, industrial minerals and bulk commodities supplier Afrimat performed well in the financial year ended February 28, on the back of favourable iron-ore prices, an expeditious turnaround of the Nkomati anthracite project and a return to normal volumes in both the... →
Vale-BHP JV Samarco's financial creditors plan to take over the company
By: Reuters 18th May 2022 An alternate restructuring plan for Samarco Mineracao SA, a joint venture between Vale and BHP Group, proposes that financial creditors take control of the company. The plan filed by a group of bondholders is expected to replace Samarco's debt restructuring proposal, which was rejected last... →
Champion Iron spots pellets opportunity in Sept-Iles, Québec
By: Mariaan Webb 18th May 2022 Canada-based iron-ore miner Champion Iron has announced the acquisition of the Pointe Noire pelletising plant, located next door to the port facilities that it currently uses, with a view of recommissioning the plant to produce direct reduction-grade pellets. A subsidiary of Champion will buy... →
Forrest retakes reins at Fortescue as Gaines steps aside
By: Esmarie Iannucci 18th May 2022 Iron-ore major Fortescue Metals on Wednesday announced a swathe of changes to its leadership structure, which will see founder Dr Andrew Forrest retake leadership once current CEO Elizabeth Gaines steps aside in August. Forrest will specifically be overseeing Fortescue’s iron-ore business, in... →
Weir Minerals Africa benefits as mining surges
16th May 2022 Weir Minerals Africa, part of the LSE-listed Weir Group, is currently performing strongly, more than maintaining its share of the African market and also moving into new geographies on the continent such as Nigeria. “Overall, we have a healthy order book,” says Rajen Govender, interim Regional... →
WA approves A$332m port spend
By: Esmarie Iannucci 16th May 2022 The Western Australian government will invest some A$332-million into the Mid West Ports Authority's Port Maximisation project, to meet increased demand for Geraldton Port services. The Port Maximisation project will be delivered over four years, facilitating growth by allowing Mid West Ports... →
FFI firms up US hydrogen plans
By: Esmarie Iannucci 16th May 2022 The green energy arm of iron-ore major Fortescue Metals, Fortescue Future Industries (FFI) on Monday announced that it would evaluate the feasibility of converting the former Centralia coal mine, in the US, into a green hydrogen production facility. The green energy company has entered into a... →
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