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Iron-ore

Transnet Train
Transnet is running out of cash, Moody’s warns
16th May 2025 By: Bloomberg

South Africa’s State-owned transport and logistics company, Transnet, will run out of money for operations and debt-servicing within three months unless it gets a government bailout, according to... 


Mogalakwena platinum mine.
Mining is key to strengthening domestic economy plus uplifting geopolitical status
16th May 2025 By: Martin Creamer

Strengthening South African mining is key to strengthening South Africa’s domestic economy as well as its geopolitical standing, which is all-important at this time of global economic disruption.... 


Guinea revokes 46 mining licences, signalling stricter oversight of major operators
15th May 2025 By: Reuters

Guinea has revoked the licences of 46 mining companies operating in the country, a government source told Reuters on Thursday, in what some analysts see as a warning shot to larger operators in the... 


A train transporting iron-ore
South Africa's March mining production down 2.8% y/y on the back of lower PGMs, gold output
15th May 2025 By: Creamer Media Reporter

South Africa's mining production decreased by 2.8% year-on-year in March, with platinum group metals (PGMs) and gold having been the largest negative contributors and iron-ore the largest positive... 


Afrimat CEO Andries van Heerden
Afrimat reports lower operating profit but expects improvement going forward
15th May 2025 By: Darren Parker

Midtier mining and materials company Afrimat has reported a significant decline in operating profit for the 12 months ended February 28. Group revenue increased by 36.7% from R6.1-billion in the... 


BHP CEO Mike Henry
BHP CEO sees trade war risks but says miner’s commodity mix is resilient
14th May 2025 By: Mariaan Webb

Diversified miner BHP CEO Mike Henry said on Tuesday that the mining giant was well-positioned to weather a range of global trade outcomes, including an escalated trade war, as the company focused... 


Iron-ore bounces back to six-week high on trade-war truce hopes
14th May 2025 By: Bloomberg

Iron-ore rose as trade tensions eased, spurring optimism across a metals market that has been hit especially hard by global growth worries. Futures of the steel-making ingredient reached a... 


Menar MD Vuslat Bayoglu.
Menar hopeful US-SA trade relations will be normalised soon to avoid dual adversity
13th May 2025 By: Martin Creamer

Mining company Menar is very hopeful that trade relations between South Africa and the US are normalised very soon, and points out that if they are not, the US will also be adversely affected and... 


Rio Tinto expects first iron ore shipment from Guinea's Simandou in November
13th May 2025 By: Reuters

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday.... 


Chris Ellison founded Mineral Resources
Pension fund HESTA exits Mineral Resources, citing governance concerns
12th May 2025 By: Reuters

Australian pension fund HESTA said on Monday it had sold its remaining stake in billionaire Chris Ellison-founded Mineral Resources, citing "serious governance concerns". The mining services... 


The Transnet logo
South African port union plans more talks to end wage dispute
9th May 2025 By: Bloomberg

The main labour union at South Africa’s state port and rail company said it will continue talks next week aimed at resolving a wage dispute and averting a potential strike. Negotiations will take... 


Genmin Baniaka iron-ore mineralisation
Genmin chair provides company with A$2m loan
9th May 2025 By: Marleny Arnoldi

ASX-listed emerging iron-ore producer Genmin has executed a A$2-million loan with an entity related its nonexecutive chairperson Greg Lilleyman. Genmin can draw down the funds immediately and use... 


Iron-ore falls as China steel body says output curbs under way
Iron-ore falls as China steel body says output curbs under way
8th May 2025 By: Bloomberg

Iron-ore fell as China’s top steel association confirmed that output curbs were under way, and long-awaited PBOC rate cuts failed to deliver a sustained lift in sentiment. Futures fell as much as... 


Rio Tinto has not fulfilled core pledge five years on from Juukan, Aboriginal group says
2nd May 2025 By: Mariaan Webb

Rio Tinto has not modernised its agreement with an Aboriginal group on whose lands it mines iron ore, failing to fulfil a commitment made five years ago when it destroyed an important Aboriginal... 


Rio Tinto chairperson Dominic Barton addressing the company's annual general meeting.
Rio Tinto to invest $13.3bn in Pilbara mines over next three years
2nd May 2025 By: Mariaan Webb

Diversified mining company Rio Tinto has reaffirmed its commitment to the Pilbara region, revealing plans to invest $13.3-billion in new mines and equipment over the next three years. Chairperson... 


Flashback to Glencore's winter wheat pilot project in Mpumalanga.
Glencore produces 5% more South African energy coal in first quarter
30th April 2025 By: Martin Creamer

The energy coal produced by Glencore in South Africa in the first three months of this year was up on the first quarter of last year, the London- and Johannesburg-listed mining and marketing... 


Citic sees ‘turning point’ for China’s steel industry this year
Citic sees ‘turning point’ for China’s steel industry this year
29th April 2025 By: Bloomberg

China’s steel industry is expected to see a “turning point” this year on additional stimulus measures and production cuts, even as overseas tariffs put pressure on demand, according to Citic... 


Fortescue bucks weather woes to post higher Q3 iron-ore shipments
Fortescue bucks weather woes to post higher Q3 iron-ore shipments
29th April 2025 By: Reuters

Australian miner Fortescue posted higher third-quarter iron-ore shipments on Thursday in line with analyst expectations, as output recovered from a train derailment in the same quarter a year... 


Vale's net profit drops 17% on lower iron ore prices
Vale's net profit drops 17% on lower iron ore prices
25th April 2025 By: Reuters

Brazilian miner Vale reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite improved costs. Vale, one of the world's largest iron ore producers,... 


Kumba CE Mpumi Zikalala
Kumba’s sales volumes rise on the back of rail improvements
24th April 2025 By: Marleny Arnoldi

A 5% uplift in Transnet’s rail performance supported a 6% increase in sales volumes for iron-ore miner Kumba Iron Ore in the quarter ended March 31. The company sold nine-million tonnes of... 


Afrimat's Demaneng iron-ore mine
Afrimat flags earnings drop on iron-ore, anthracite, cement market challenges
23rd April 2025 By: Schalk Burger

JSE-listed construction materials and industrial minerals company Afrimat expects to report an 85% to 90% year-on-year decrease in earnings per share (EPS) and headline earnings per share (HEPS)... 


A handful of ferrochrome.
Working group has been established to extend ferrochrome's horizon, Minister reports
22nd April 2025 By: Martin Creamer

A working group with industry has been established to improve the operating environment for long-term sustainability of South Africa’s ferrochrome industry, Trade, Industry and Competition Minister... 


Akora’s main exploration tenement in Madagascar renewed
22nd April 2025 By: Tasneem Bulbulia

ASX-listed Akora Resources has received formal documentation from the Bureau du Cadastre Minier de Madagascar confirming the renewal of its main exploration tenement, PR10430, at its flagship... 


Fortescue charters green-ammonia-powered vessel in push to decarbonise shipping
Fortescue charters green-ammonia-powered vessel in push to decarbonise shipping
17th April 2025 By: Creamer Media Reporter

Iron-ore major Fortescue has signed an agreement with Bocimar, part of Belgium’s CMB.TECH, to charter a new ammonia-powered vessel. The 210 000 dry weight tonnage (dwt) Newcastlemax vessel is... 


An outline of a map of Nigeria with the Nigerian flag
Nigeria signs minerals pact with South Africa in diversification push
17th April 2025 By: Reuters

Nigeria and South Africa have signed an accord to boost cooperation in mining, Nigeria's mines minister said on Thursday, highlighting Abuja's push to diversify its economy away from oil. Mines... 


A map showing the location of Genmin's iron-ore project's in Gabon
Genmin, Sinohydro sign MoU to advance Gabon project development
17th April 2025 By: Creamer Media Reporter

Emerging African iron-ore producer Genmin have signed a memorandum of understanding (MoU) with Sinohydro Corporation in relation to the development of Genmin's flagship Baniaka project, in Gabon.... 


Iron-ore miners in rocky start to year as tariff turmoil begins
Iron-ore miners in rocky start to year as tariff turmoil begins
17th April 2025 By: Bloomberg

The world’s biggest iron-ore miners face a difficult start to the year, after extreme weather impacted production and as their biggest customer China braces for a trade war. This week, BHP Group,... 


BHP CEO Mike Henry
Rising protectionism to slow global growth, reshape trade — BHP's Henry
17th April 2025 By: Mariaan Webb

Diversified commodities major BHP CEO Mike Henry has expressed concern about increasing protectionism, warning that while tariffs have little direct impact on the miner, their broader implications... 


Fenix CEO John Welborn
Fenix walks away from matching right on CZR takeover
17th April 2025 By: Mariaan Webb

Iron-ore junior Fenix Resources has opted not to counter a rival bid for CZR Resources, stepping back from a potential bidding war after its takeover target's board deemed a competing offer from... 


Photo of Martin Creamer
Assmang, ruthenium's potential, palladium demand make headlines
16th April 2025

Mining Weekly Editor Martin Creamer discusses Assmang’s huge ten-year zero-fatality achievement; ruthenium’s potential, which was highlighted at PGM Industry Day; and South Africa being invited to... 


Mineral Resources tumbles after two governance directors quit
16th April 2025 By: Bloomberg

Mineral Resources shares fell more than 7% after two board members overseeing corporate governance resigned. Jacqueline McGill, who joined the board in early 2024, and Susie Corlett, a member... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto reports weaker iron-ore output as weather batters Pilbara operations
16th April 2025 By: Mariaan Webb

Diversified major Rio Tinto Group warned on Wednesday that its 2025 iron-ore output will likely land at the lower end of guidance as extreme weather disrupts operations in Australia’s Pilbara... 


Vale's iron-ore output falls in first quarter hurt by Brazil rains
Vale's iron-ore output falls in first quarter hurt by Brazil rains
16th April 2025 By: Reuters

Brazilian miner Vale produced 67.7-million metric tons of iron ore in the first quarter of 2025, down 4.5% from a year earlier, the company said on Tuesday in its sales and output report. One of... 


Safety meeting at Khumani mine.
Huge ten-year zero-fatality achievement by 10 000-employee, six-operation Assmang
15th April 2025 By: Martin Creamer

South Africa's sizeable manganese ore, manganese alloy, and iron-ore producer Assmang has achieved a major mining safety landmark by being totally fatality free for ten years. Jointly owned by... 


UNTU to ballot members after Transnet wage meeting ends without agreement
15th April 2025 By: Schalk Burger

Labour union the United National Transport Union (UNTU) will ballot its members after a conciliation process to resolve a dispute between it and State-owned transport agency Transnet ended without... 


John Welborn
Fenix flags growth ambitions on record iron-ore shipments
15th April 2025 By: Mariaan Webb

Iron-ore junior Fenix Resources is charging toward a transformative year, buoyed by record quarterly shipments and the rapid development of its third mine, Beebyn-W11. Executive chairperson John... 


China’s commodities imports shrink bar oil as trade woes worsen
China’s commodities imports shrink bar oil as trade woes worsen
14th April 2025 By: Bloomberg

China’s commodities imports mostly fell year-on-year in March, the last full month before the Trump administration choked off bilateral trade by imposing punitive levies on Chinese goods. With the... 


Rio Tinto and Mitsui's Robe River JV makes binding offer for CZR’s Pilbara project
Rio Tinto and Mitsui's Robe River JV makes binding offer for CZR’s Pilbara project
14th April 2025 By: Mariaan Webb

ASX-listed CZR Resources has received a binding A$75-million cash offer from the Robe River Joint Venture (RRJV) participants to acquire its interest in the Robe Mesa iron-ore project, in Western... 


Centre for Palladium Technologies head Dmitry Izotov.
South Africa invited to help uplift palladium demand by 1.7-million ounces a year
11th April 2025 By: Martin Creamer

South African platinum group metals (PGM) companies have been invited to become part of a programme that is targeting an initial 1.7-million-ounce increase in demand for palladium, a PGM that... 


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