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Press Office - Weba Chute Systems & Solutions

Weba Chute Systems & Solutions

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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Iron-ore retreats on China demand rethink, price curbs worry

By: Reuters     3rd February 2023 Dalian iron-ore futures dipped on Friday, deepening weekly losses as traders reassessed demand prospects in top steel producer China and exercised caution after market regulators repeatedly warned against excessive price speculation. The steelmaking ingredient's most-active May contract on... 

Value of US mine production jumps to $98bn – USGS

By: Creamer Media Reporter      3rd February 2023 US mines produced $98.2-billion in nonfuel mineral commodities in 2022, an estimated $3.6-billion increase over the 2021 revised total of $94.6-billion, the US Geological Survey (USGS) announced on Thursday, releasing its yearly mineral commodity summaries report.  The report covers more than 90... 

Copper drives Anglo’s overall fourth-quarter production higher, but PGMs, nickel disappoint 

By: Marleny Arnoldi     2nd February 2023 Diversified miner Anglo American has reported a year-on-year improvement in the production of nearly all its commodities – except for platinum group metals (PGMs) and nickel – for the fourth quarter of 2022. CE Duncan Wanblad says overall production increased by 10% year-on-year, driven by the... 

Kumba marks six fatality-free years, but warns of lower full-year earnings

By: Darren Parker     2nd February 2023 Iron-ore producer Kumba Iron Ore has marked a significant milestone in its safety performance by achieving more than six years of fatality-free production. The company said on February 2 that the safety record was the result of maintaining a focus on improving safety measures and promoting a... 

Hawsons reassesses iron-ore project size

By: Esmarie Iannucci     2nd February 2023 ASX-listed Hawsons Iron this week reported that it would modify the bankable feasibility study (BFS) for its namesake project, in New South Wales, following the completion of a strategic review. The company last year slowed work relating to its BFS to examine escalating costs and to evaluate... 

The Power of Procurement in Mining

2nd February 2023 A Strategic Value Driver for Miners,  Communities and Stakeholders Procurement in the mining industry has the power to add or destroy value for mining companies, shape communities and impact all industry stakeholders. But we live in uncertain times where international supply chains are shifting... 

Rio thankful for radioactive capsule's find

By: Esmarie Iannucci     2nd February 2023 Major Rio Tinto has expressed its gratitude to Western Australia’s Department of Fire and Emergency Services for coordinating the successful search effort to locate a missing capsule lost while in transit from the company’s Gudai-Darri iron ore mine in the Pilbara, Western Australia. The... 

Simandou iron-ore project to restart in March, Guinea says

By: Reuters     1st February 2023 Work on Guinea's massive Simandou iron-ore mine and infrastructure project is set to restart in March, Guinea's military junta said in a Jan. 30 statement seen by Reuters on Wednesday. Guinean authorities ordered work on Simandou to stop in July last year in a bid to force the shareholders -... 

Australia's Tombador Iron halts Brazil mine production after unrest

By: Reuters     1st February 2023 Australia's Tombador Iron said on Wednesday it had temporarily halted production at its flagship iron-ore mine in Brazil after a blockade in Bahia state affected logistics. Shares of the iron ore miner fell 14.3% after the news and were staring at their worse session in nearly five months. 

Australia aims for bigger fines a week into Outback hunt for radioactive capsule

By: Reuters     1st February 2023 Authorities in Australia will review laws that penalise the mishandling of radioactive material with a A$1 000 ($707) fine as a search for a hazardous capsule lost in the Outback enters a seventh day. Officials from Western Australia's emergency response department, defence authorities,... 

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