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Rio Tinto slashes IOC guidance
Rio Tinto slashes IOC guidance
17th October 2023 By: Mariaan Webb

Diversified miner Rio Tinto has reduced the full-year guidance of its iron-ore operations in Canada, citing extended plant downtime and conveyor belt failures. Iron Ore Company of Canada (IOC)... 


Image shows a Rio Tinto branded hat in the Pilbara
Rio posts another strong quarter
17th October 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto has delivered another strong quarter of results, with a production increase reported across all of its commodities, apart from titanium dioxide slag. “We delivered... 


TFR transporting coal to port
Ramaphosa rules out privatisating State companies
17th October 2023 By: Bloomberg

President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatize state-owned companies as the government initiates reforms to clean up their balance sheets and revive their... 


The platinum group metals Polokwane smelter of Anglo American Platinum in Limpopo.
Minerals Council South Africa highlights green hydrogen economy’s forward momentum
16th October 2023 By: Martin Creamer

The world over, green hydrogen is being recognised as the most effective route towards combating the climate crisis in the most holistic way possible, with Minerals Council South Africa on Monday... 


Fortescue opens UK tech innovation center
16th October 2023 By: Esmarie Iannucci

ASX-listed Fortescue has cut the ribbon on its $23-million technical innovation centre in the UK. The Kidlington facility will focus on the technical development, testing and prototype production... 


Fortescue gets in line for US federal funding
16th October 2023 By: Esmarie Iannucci

Iron-ore and green energy developer Fortescue could have access to US funding in the pursuit of its green hydrogen aspirations. The company has been selected to begin award negotiations as part... 


China’s commodities imports stay buoyant as economy revives
13th October 2023 By: Bloomberg

Chinese commodities imports remained buoyant in September as the economy showed some signs of recovery and traders pinned their hopes on further stimulus from Beijing. Construction and factory... 


Image shows hydrogen container and renewable energy sources
POSCO eyes hydrogen for Pilbara HBI plant
13th October 2023 By: Esmarie Iannucci

South Korean major POSCO and French energy generator ENGIE will conduct a pre-feasibility study (PFS) for a major renewable hydrogen project in the Pilbara. The study will determine the... 


World’s top miners need more ambition to meet climate targets
12th October 2023 By: Bloomberg

The world’s biggest miners including BHP Group and Rio Tinto Group will face growing pressure from investors to properly measure their carbon footprints, according to an international research... 


Iron-ore billionaire’s lithium raid leaves investors guessing
10th October 2023 By: Bloomberg

Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6-billion... 


Blacksmith to cost A$150m
9th October 2023 By: Esmarie Iannucci

A scoping study into a direct shipping ore (DSO) operation at the Blacksmith iron-ore project, in the Pilbara, has estimated a capital cost of A$150-million. ASX-listed Red Hawk Mining on Monday... 


Image shows solar panels
Fortescue secures solar power for green hydrogen plant
9th October 2023 By: Esmarie Iannucci

Iron-ore major and green energy developer Fortescue has struck a power purchase agreement (PPA) with ASX-listed Genex Power for 337.5 MW of new solar energy. Under the PPA, Fortescue will secure... 


An image of a TFR locomotive
TFR undertaking initiatives to address constraints, outgoing CEO says
5th October 2023 By: Tasneem Bulbulia

Transnet Freight Rail (TFR), as a division of Transnet, is affected by three major constraints hampering the entity; however, there are initiatives under way to mitigate this and some progress is... 


Anglo American cutting head office jobs in several countries
4th October 2023 By: Reuters

Anglo American said it is cutting corporate office jobs across several countries, as unions said its South African iron-ore business plans to lay off scores of workers at its head office. The... 


Energy Council of South Africa chairperson and Sasol CEO Fleetwood Grobler
Business, govt collaboration showing signs of success in addressing multiple crises
4th October 2023 By: Marleny Arnoldi

Business is working to add more than 10 GW of generation capacity to the electricity system by the end of next year, which would effectively end loadshedding in South Africa, Sasol president and... 


Fortescue invests in green hydrogen startup
4th October 2023 By: Esmarie Iannucci

Iron-ore major and green energy developer Fortescue has invested in a green hydrogen start-up, taking the lead investor role in Electric Hydrogen’s (EH2) $380-million Series C funding round. In... 


Image shows iron-ore being loaded to ship
Australian resource exports poised to fall
4th October 2023 By: Esmarie Iannucci

Australia’s commodity export earnings are forecast to fall from last year’s record A$467-billion to A$400-billion in 2023–24, and A$352-billion by 2024–25, the Department of Industry, Science and... 


Sibanye's Kroondal mine
Mining revenue decreases, but opportunities abound in critical minerals, beneficiation
3rd October 2023 By: Tasneem Bulbulia

The past year has seen a regression in performance and shareholder returns for South Africa mining companies, professional services firm PwC South Africa’s ‘2023 SA Mine: Adapt to thrive’ report... 


Image shows a hand holding an iron-ore lump
Fenix secures 10mt of iron-ore in WA
3rd October 2023 By: Esmarie Iannucci

ASX-listed Fenix Resources has struck a deal with Sinosteel Midwest Corporation (SMC) for the exclusive right to mine and export up to 10-million tonnes of iron-ore from the Beebyn-W11 iron-ore... 


Vedanta chairperson Anil Agarwal
Vedanta demerges divisions into subsidiaries
29th September 2023 By: Marleny Arnoldi

Dual-listed miner Vedanta's board has approved the demerger of its diversified businesses into separate subsidiaries. The exercise will result in a demerged Vedanta and five wholly-owned... 


 	Too early to expect start of new commodities upcycle.
Commodities: Hope for best, prepare for worst – Macquarie
29th September 2023 By: Martin Creamer

It is too early to expect the start of a new sustaining upcycle for commodities, Macquarie states in its latest quarterly outlook for global commodity markets. In a nigh 100-page commodities... 


Aeysha Samsodien
Mining: a key component in the just energy transition
29th September 2023

By Aeysha Samsodien, Senior Equity Analyst, M&G Investments It’s no secret that South Africa’s mining industry faces significant challenges, such as energy reliability, environmental impact, supply... 


Magnetite Mines closer to securing water for Razorback
27th September 2023 By: Esmarie Iannucci

Iron-ore developer Magnetite Mines is a step closer to a water solution for its Razorback project, having been granted approval from the South Australian Cabinet to progress to Step 2 of the... 


Saldanha iron-ore terminal to shut for maintenance
Saldanha iron-ore terminal to shut for maintenance
26th September 2023 By: Darren Parker

The Saldanha Iron Ore Terminal (IOT) will begin its 28-day yearly maintenance shutdown on September 28. During this period, the terminal will perform maintenance on its major equipment across... 


China scoops up cheap Indian iron-ore in bid to trim steel costs
26th September 2023 By: Bloomberg

ndian iron-ore exports have surged this year as steel mills, mainly in the biggest buyer China, switched to lower-grade, cheaper feed in the face of dwindling profits. Combined outbound shipments... 


Vale seals deal for potential low-carbon iron-ore complex
26th September 2023 By: Bloomberg

 Mining giant Vale and Brazil's top commercial port have signed an agreement to study the potential construction of a facility in Rio de Janeiro state that would produce low-carbon iron-ore... 


Iron-ore climbs on China support measures; set for weekly fall
22nd September 2023 By: Reuters

Iron-ore futures rose on Friday, buoyed by reports of China's support measures for businesses and after Rio Tinto said it paused work at a mining site in the Pilbara region following an incident.... 


Fortescue abandons carbon offset scheme
22nd September 2023 By: Esmarie Iannucci

Iron-ore major and green energy developer Fortescue will forgo buying carbon offsets from this financial year onwards. The miner said in a statement on Friday that all funds allocated to carbon... 


King to hold critical mineral talks in the UK and EU
22nd September 2023 By: Esmarie Iannucci

Federal Resources Minister Madeleine King will hold bilateral talks with ministerial counterparts from Germany, the EU, France and the UK around Australia’s supply of critical minerals. The... 


Image shows Rio Tinto logo
Another Rio blast damages rock shelter
22nd September 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto on Friday said it was working with traditional owners in the Pilbara after blasting operations at its Nammuldi iron-ore mine impacted an ancient rock shelter. “As part... 


Image of an iron-ore stockpile at the Kolomela mine
Kapstevel South project, South Africa – update
22nd September 2023 By: Sheila Barradas

The project is more than 70% complete. 


Image of Sishen iron-ore mine
Sishen ultrahigh dense-media separation project, South Africa – update
22nd September 2023 By: Sheila Barradas

Kumba Iron Ore has significantly progressed detailed design work on UHDMS technology to improve its premium product offering at Sishen. 


Image shows iron-ore stockpiles
BHP marks three-billion tonnes to China
21st September 2023 By: Esmarie Iannucci

Major BHP has marked three-billion tonnes of iron-ore exports to China. “BHP’s relationships with our customers in China have been fundamentally important to our company over the past 50 years,”... 


Capital secures major Nevada gold mining contract
20th September 2023 By: Darren Parker

London-listed mining services company Capital has announced the award of a significant drilling contract in Nevada, in the US, along with associated rig purchases, as well as an update on the... 


Rio Tinto CEO says Chinese steel demand is close to peaking
19th September 2023 By: Bloomberg

The chief executive officer of the world’s second-largest iron ore producer believes Chinese consumption of steel is close to topping out, with demand next year likely to be similar to 2023.... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto sees building its own lithium mines as better than buying
19th September 2023 By: Bloomberg

Riio Tinto Group wants to be a “meaningful” lithium producer, but is more focused on finding and building its own mines than joining the wave of dealmaking engulfing the industry, said CEO Jakob... 


Rio Tinto shoulders Simandou iron-ore bill as Chinese funds delayed – sources
18th September 2023 By: Reuters

Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the world's largest untapped iron-ore deposits, as its Chinese partners are yet to make their funds... 


Investors glimpse opportunity in Europe's unloved mining shares
Investors glimpse opportunity in Europe's unloved mining shares
18th September 2023 By: Reuters

Investors are finally seeing potential in European mining shares, as China's step-by-step economic stimulus is steadily laying the foundations for a recovery of the unloved sector. The STOXX... 


Renewables and Mining: An emerging relationship
15th September 2023

In anticipation of the African Renewable Investment Summit, Gilles Durmont, Head of Business Development at JUWI South Africa, sheds light on the intertwined nature of renewable energy and mining.... 


Rio donates C$4m to Canadian rail training
15th September 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto’s Iron Ore Company of Canada (IOC) has announced a C$4-million donation, over two years to bilingual college Cégep de Sept-Îles in Quebec, for the construction of its... 


Image of iron-ore stockpile
Buena Vista iron project, US – update
15th September 2023 By: Sheila Barradas

Magnum Mining & Exploration has flagged a potential offtake deal with mining major Anglo American over all the iron-ore produced from the project. 


DemcoTech image
DemcoTECH sees uptick in business
15th September 2023

Engineering and project-focused company, DemcoTECH Engineering has seen an upturn in business in the two years following the Covid lockdown, with a number of local and global project awards. These... 


Image of mining materials plant layout
Testing ore materials ensures efficiency in operations
15th September 2023 By: Bridget Lepere

Testing ores is necessary so that bulk handling and logistics processes run smoothly in the mining material bulk handling and logistics industry, says mining operations support company Isithelo... 


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