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Rio Tinto’s AutoHaul brings freight rail into 21st century

By: Esmarie Iannucci     14th June 2019 Mining major Rio Tinto on Friday officially rolled out its $940-million AutoHaul rail technology programme, marking the world’s first automated heavy-haul long distance rail network. Rio’s 2.4 km-long trains, running a network of 1 700 km of track, has now safely travelled more than 4.5-milion... 

Hydrogen offers pathway for lowering hard-to-abate carbon emissions – IEA 

By: Terence Creamer     14th June 2019 Hydrogen and hydrogen-based fuels could help facilitate the decarbonisation of a range of sectors where the pathway for achieving meaningful emission reductions is currently uncertain or difficult, a new global study argues. Released by the International Energy Agency (IEA) at a meeting of G20... 

China's iron-ore surges as tight supply concerns resurface

By: Reuters     10th June 2019 China's iron-ore jumped the most in nearly two weeks on Monday, rallying along with other steelmaking raw materials, amid limited supply as stocks at the country's ports shrank further, while demand could pick up again. The most-actively traded iron ore contract on the Dalian Commodity Exchange... 

Mantashe must place cheaper, job-rich renewable energy high on list in additional Energy Minister role

By: Martin Creamer     7th June 2019 Mines and energy are joined at the hip, which means the appointment of a Minister of Mineral Resources and Energy makes sense. But, then again, mines and the environment, water, trains, roads and ports are also very much in the mix. Does that mean South Africa needs a single ministry of mines,... 

Fenix finds a way out through Geraldton port

By: Esmarie Iannucci     29th May 2019 Junior iron-ore developer Fenix Resources has struck a joint cooperation agreement with the manager at the Port of Geraldton, in Western Australia, providing export options for its Iron Ridge project. The joint cooperation agreement would see Fenix and the Mid West Ports Authority (MWPA)... 

China's iron-ore scales new peak, but rally loses steam

By: Reuters     28th May 2019 China's iron-ore jumped to a fresh record on Tuesday, but the rally fizzled out, as bets continued that there could be a further squeeze in supply of the steelmaking feedstock from Brazil, while domestic demand remained brisk. Iron-ore inventory at Chinese ports dived to 127.8-million tonnes, as... 

Eskom insiders provide 'very limited' choices to replace CEO  

By: Bloomberg     28th May 2019 Eskom Holdings’ 96-year history is replete with former CEOs who rose from within South Africa’s debt-laden State utility to run the company. There are few obvious choices for the next CEO to come from those same ranks. Two possible candidates from Eskom’s executive team to replace Phakamani... 

New map highlights major platinum discoveries in South Africa

By: Nadine James     24th May 2019 The fifth edition of Barker’s Platinum Map of Southern Africa highlights recent major platinum discoveries in South Africa – including the Waterberg and Flatreef projects, notes Banzi Geotechnics founder Oliver Barker. He notes that the map demonstrates the massive breakthroughs in increasing... 

India to surpass China as largest importer of coking coal by 2025

By: Marleny Arnoldi     23rd May 2019 Fitch Solutions maintains its forecast for an average coking coal price of $195/t for this year, stating that prices will remain elevated, with strong demand from China’s steel sector, as US–China relations continue to deteriorate and the probability rises of further economic support from the... 

New numbers impart shine to BCI’s Mardie SoP and salt project

By: Esmarie Iannucci     17th May 2019 An optimisation of the prefeasibility study (PFS) for the Mardie salt and potash project, in Western Australia, has improved the project economics, with a definitive feasibility study (DFS) now targeted for late 2019. ASX-listed BCI Minerals on Friday reported that the optimised PFS estimated a... 

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