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Weba Chute Systems & Solutions

Press Office - Weba Chute Systems & Solutions

Ironveld smelter
Ironveld receives financing interest from South African lender
23rd February 2024 By: Marleny Arnoldi

Aim-listed iron-ore, vanadium and titanium miner Ironveld has received a nonbinding term sheet from a South Africa-based financial institution to provide financing for its mine in South Africa’s... 


Vale fourth-quarter profit falls 35% on higher provisions over dam accident
Vale fourth-quarter profit falls 35% on higher provisions over dam accident
23rd February 2024 By: Reuters

Brazilian miner Vale reported on Thursday a 35% drop in fourth quarter net profit, missing analyst expectations by almost half, following higher provisions related to its Samarco joint venture and... 


anglo american sign and logo
Anglo to focus on cost cutting following disappointing 2023 performance
22nd February 2024 By: Darren Parker

Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22.... 


Minerals Council CEO Mzila Mthenjane
Fiscal discipline in Budget, but 5% infrastructure expenditure increase ‘barely positive’ – Minerals Council
22nd February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South... 


Simandou’s high-grade, low impurity formation is a rare opportunity for Rio Tinto to diversify its portfolio, particularly as demand increased for grade suitable for greener steel.
Rio Tinto board approves Simandou investment
22nd February 2024 By: Mariaan Webb

The board of Rio Tinto has given the nod to the Simandou iron-ore project, in Guinea, CEO Jakob Stausholm has revealed. The approval is contingent on meeting outstanding conditions, including... 


Fortescue beats on first-half profit, posts strong dividend
Fortescue beats on first-half profit, posts strong dividend
22nd February 2024 By: Reuters

Australia's Fortescue on Thursday posted a 41% jump in its half-year profit and declared a better-than-expected dividend, supported by strong iron-ore shipments and higher prices for its lower... 


Australian iron-ore port starts clearing ships ahead of cyclone
Australian iron-ore port starts clearing ships ahead of cyclone
22nd February 2024 By: Bloomberg

A major port on Australia’s west coast used by Rio Tinto Group to export iron-ore has started clearing ships from the harbor ahead of a cyclone that’s expected to form early Friday. All port... 


Mt Gibson makes big profit jump on strong Koolan Island performance
21st February 2024 By: Creamer Media Reporter

Iron-ore miner Mount Gibson on Wednesday reported an aftertax net profit of A$138.7-million in the half-year to December 31, compared with A$7.4-million in the corresponding period. The... 


A rail line in South Africa
Mozambique port critical to chrome exports gets upgraded railway link
21st February 2024 By: Bloomberg

The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto posts lower FY profit
21st February 2024 By: Mariaan Webb

Diversified mining major Rio Tinto CEO Jakob Stausholm on Wednesday reported “resilient” financial results for 2023, with free cash flow of $7.7-billion and underlying earnings of $11.8-billion.... 


An image showing part of Sibanye-Stillwater's Marikana operation
Unions express dismay over mining sector retrenchments
20th February 2024 By: Tasneem Bulbulia

Trade unions the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) have expressed their dissatisfaction with the plans announced by various mining... 


An image of Kumba Iron Ore CEO Mpumi Zikalala
Kumba weathers headwinds but 490 jobs at risk as it reconfigures business
20th February 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Iron-ore slumps as demand doubts persist with China’s reopening
19th February 2024 By: Bloomberg

Iron-ore tumbled following a five-day run of gains as China’s markets reopened, with investors weighing prospects for near-term steel demand in the world’s largest importer. Futures dropped from... 


Panorama of Emerging Mining Countries in Africa
Panorama of Emerging Mining Countries in Africa
19th February 2024

NN Mashinini, South African Mining Youth Association The mining landscape in Africa is undergoing significant transformation with several countries playing a strategic and crucial role in the... 


Fortescue Metals chairperson Andrew Forrest
Carbon capture tech a 'complete falsehood', says Fortescue Metals' Forrest
16th February 2024 By: Reuters

Carbon capture is not a solution for the energy transition and political leaders need to provide real, non-greenwashed, commitments to encourage investment, Andrew Forrest, executive chairman of... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


A strategic aim of the MHSC is the resolution to achieve zero harm within the mining sector
MHSC aims to empower women, ensure health and safety in mining industry
15th February 2024 By: Shannon de Ryhove

National public entity the Mine Health and Safety Council (MHSC) has outlined ambitious goals to transform the mining industry by fostering gender diversity and prioritising the health and safety... 


Opinion: Takeways from the 2024 Mining Indaba
Opinion: Takeways from the 2024 Mining Indaba
13th February 2024

In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being... 


An image of Stats SA principal survey statistician Juan-Pierre Terblanche
Mixed bag for December mining production, sales
13th February 2024 By: Tasneem Bulbulia

Mining production increased by 0.6% year-on-year in December, driven by platinum group metals (PGMs) and coal, Statistics South Africa principal survey statistician Juan-Pierre Terblanche outlines.... 


Empty Rio Tinto iron ore train derails in Western Australia
13th February 2024 By: Reuters

A self-driving train derailed at Rio Tinto's iron-ore operations in Western Australia, the world's biggest iron-ore miner said on Tuesday. A Rio Tinto spokesperson said the derailment involving an... 


Mayor Leon Stephens and Magnetite Mines CEO Tim Dobson signed memorandum of understanding on Tuesday.
Partnership positions Port Pirie as future green iron hub
13th February 2024 By: Mariaan Webb

As the global steel industry moves to decarbonise, iron-ore miner Magnetite Mines has partnered with Port Pirie to position the South Australian port as a future green iron production hub. Green... 


Steelmakers turning to DRI amid transition
Steelmakers turning to DRI amid transition
12th February 2024 By: Sabrina Jardim

With global steelmakers increasingly turning to scrap steel recycling and direct reduced iron (DRI) as alternatives to blast furnaces, steel producers will not need to rely on carbon capture if the... 


BHP iron-ore train drivers vote for 24h strike from Friday
BHP iron-ore train drivers vote for 24h strike from Friday
12th February 2024 By: Bloomberg

Train drivers at BHP Group's Pilbara iron-ore operations in Western Australia have voted to strike on Friday for 24 hours, potentially cutting supply to the producer’s Australian export hubs.... 


Vale and Hydnum Steel to study building briquette plant in Spain
9th February 2024 By: Reuters

Brazilian miner Vale and newcomer Hydnum Steel have signed a memorandum of understanding to study building an iron-ore briquette plant at Hydnum Steel's first factory in Spain, which will be... 


From left to right: BHP's Tim Day, Bluescope's Tania Archibald and Rio Tinto's Simon Trott
Australian iron-ore giants partner on steel decarbonisation
9th February 2024 By: Mariaan Webb

Australia’s two biggest iron-ore producers and its biggest steelmaker have announced a partnership to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the... 


Iron-ore stockpiles
Bloom Lake direct reduction pellet feed project, Canada – update
9th February 2024 By: Sheila Barradas

Champion Iron announced a final investment decision for the project in January 2024. 


Image of iron-ore stockpile
Rhodes Ridge iron-ore project, Australia
9th February 2024 By: Sheila Barradas

Rio Tinto plans to develop Rhodes Ridge – one of the world's best undeveloped iron-ore deposits. 


Image of Christmas Creek iron-ore operation
Christmas Creek green iron trial commercial plant, Australia
9th February 2024 By: Sheila Barradas

Fortescue has approved the project. 


Aerial viw of the Simandou project
Simandou iron-ore project, Guinea – update
9th February 2024 By: Sheila Barradas

Guinea’s National Transition Council has approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and government. 


Transnet train transporting iron ore
Transnet problems force Kumba to moderate output
8th February 2024 By: Darren Parker

Anglo American subsidiary Kumba Iron Ore CE Mpumi Zikalala has reiterated that State-owned Transnet’s rail performance challenges have placed so much pressure on Kumba’s value chain that the... 


An image of Anglo American CE Duncan Wanblad
Anglo’s fourth-quarter production in line with expectations despite rail constraints
8th February 2024 By: Tasneem Bulbulia

Diversified miner Anglo American’s production for the fourth quarter ended December 31, 2023, was in line with expectations and in line with production in the third quarter, despite the deliberate... 


China is oversupplied with commodities as deflation persists
8th February 2024 By: Bloomberg

China’s commodities markets are heading into the Lunar New Year break on a glum note, with deflation embedded on both the consumer and producer sides of the economy. Weak aggregate demand is the... 


Aboriginal group to inspect rock shelters for potential Rio Tinto damage
Aboriginal group to inspect rock shelters for potential Rio Tinto damage
8th February 2024 By: Reuters

An Aboriginal group from Western Australia's iron ore producing region will inspect an important cultural site in the coming days after it received a notice from Rio Tinto of possible damage, the... 


Gabon iron-ore developer Genmin seeks to raise A$28m
7th February 2024 By: Creamer Media Reporter

Emerging African iron-ore producer Genmin on Wednesday kicked off a fundraising for about A$28.4-million to advance its Baniaka project, in Gabon. This comes as the company was recently awarded a... 


Vedanta focused on becoming ESG leader
Vedanta focused on becoming ESG leader
7th February 2024

Good governance and sustainable development are at the core of diversified global natural resources and technology conglomerate Vedanta Group's strategy, with a strong focus on health, safety and... 


The Minas-Rio mine
Anglo's Minas-Rio, Barro Alto mines complete IRMA audit; more mines to follow
7th February 2024 By: Creamer Media Reporter

Diversified miner Anglo American’s Minas-Rio iron-ore and Barro Alto nickel mines, in Brazil, have been assessed against the Initiative for Responsible Mining Assurance's (IRMA’s) comprehensive... 


Anglo American considers deeper cost cuts in face of worst downturn in years
7th February 2024 By: Reuters

Anglo American may consider deeper cost-cutting measures unless market conditions improve after a fall in prices and a downturn in the platinum group metals (PGMs) sector that is the worst in 35... 


Iron-ore hits lowest since November as demand concerns escalate
6th February 2024 By: Bloomberg

Iron-ore hit a three-month low as the upcoming Lunar New Year and ongoing property market crisis cast a shadow over Chinese demand. Benchmark futures in Singapore dropped for the fifth time in six... 


Duncan Wanblad
Anglo CEO says he can run sprawling miner better than any activist
6th February 2024 By: Bloomberg

Anglo American’s boss said he’s the best person to reshape the century-old miner — if needed — as slumping commodity prices pressure its sprawling operations and spark murmurs about activist... 


President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


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... 


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Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds today supplies steel and tube, pipe and fittings, valves, pumps, irrigation, fencing, profiling and roofing products. The cash...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

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Magni SA
Magni SA

Magni SA is committed to developing the safest Telehandlers available to our customers for underground and surface mining, construction, forestry,...

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