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Press Office - Weba Chute Systems & Solutions
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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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From miners to big oil, the great commodity cash machine is back
By: Bloomberg 2nd August 2021 Just over five years ago Anglo American was in deep trouble. The natural resources giant, beset by a collapse in commodity prices, scrapped its dividend and announced plans to close mines and cut thousands of workers. Amid talk of an emergency capital raise, its market value fell to less than... →
Ancient sites, sacred snake raise risks for Australian resources
By: Bloomberg 30th July 2021 Sacred sites, endangered sawfish and mythical rainbow serpents are the latest challenges confronting commodities powerhouse Australia as the nation’s top mining companies meet for their biggest annual conference. Since the destruction last year by Rio Tinto Group of a 46 000-year-old Aboriginal... →
Anglo American, iron-ore export line, PGMs make headlines 
30th July 2021 Mining Weekly Editor Martin Creamer unpacks Anglo American’s record half-year financial performance; Transnet & Kumba Iron Ore working to refurbish the iron-ore export line; and Anglo American Platinum eyeing computing and food technology as areas of opportunity for Platinum Group Metals. →
Vale revises down year-end iron-ore output
By: Reuters 30th July 2021 Vale flagged potential production setbacks on Thursday amid temporary issues at multiple iron-ore mines, but executives said the Brazilian miner was still on track to ramp up output in the second half of the year. In a presentation released on Thursday morning, the world's second largest... →
Fortescue's FFI strikes hydrogen deal in India
By: Esmarie Iannucci 30th July 2021 Iron-ore major Fortescue’s green energy arm, Fortescue Future Industries (FFI) has entered into a framework agreement with JSW Future Energy, a wholly owned subsidiary of Indian power producer JSW Energy, to explore opportunities to develop green hydrogen projects in India. Under the agreement,... →
Company’s products doing well in mining market
By: Khutso Maphatsoe 30th July 2021 Valve manufacturer Dynamic Fluid Control (DFC) is supplying valves to several mine projects, mainly because technological advancements in valve and pipeline solutions offer an alternative to using trucks to transport minerals from mining sites. Distance is no longer an issue, as there are... →
Developing social climate spurs ESG activity
By: Anna Moross 30th July 2021 Proactive action in environmental, social and corporate governance (ESG) initiatives highlights the increasing importance of companies showing transparency and accountability in the ever-evolving social climate, explains Old Mutual Investment responsible investing group head Jon Duncan. →
On-The-Air (30/07/2021)
By: Martin Creamer 30th July 2021 Mining is making record profits and paying massive taxes just when South Africa desperately needs it; Transnet is working with business to ensure that more iron-ore is exported at a time of high demand; and the clever marketing of South Africa’s platinum group metals is paying off handsomely. →
Vale's second quarter buoyed by iron-ore prices, hit by provisions
By: Reuters 29th July 2021 Brazilian iron-ore miner Vale presented mixed quarterly figures on Wednesday, helped by higher metal prices and strong sales but held back by rising freight costs and provisions related to the company's coal business. In a securities filing, Vale reported second-quarter net income of... →
World-beating Anglo reports record half-year earnings of $12.1bn
By: Martin Creamer 29th July 2021 Diversified mining company Anglo American on Thursday reported a record half-year financial performance in its position as the best of the world’s top-five global mining companies. Anglo calculates that its elevated global position is poised to continue, assisted by its superior depth, breadth... →
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