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Iron-ore slumped — following its fourth weekly loss in five — on concerns that a slowdown in steelmaking at Chinese mills, combined with record shipments from Australia and Brazil, would lead to a...
Snaking through the russet-colored expanse of Australia’s remote Outback, vast mile-long trains ferry iron-ore — the nation’s most valuable export — across a crucial mining district that’s...
Diversified mining company Exxaro says it expects its headline earnings per share (HEPS) for the six-month period ended June 30 to be between 31% and 45% lower than that reported for the six-month...
Astron Energy, which has successfully rebranded one of South Africa’s transport fuel forecourt networks, is described by Glencore CEO Gary Nagle as being a terrific asset. With the restart to full...
South Africa’s ports — ranked among the world’s worst — are improving and state-owned operator Transnet will fix them within the next 12 to 14 months, Minister in the Presidency Khumbudzo...
Mid-tier mining and materials company Afrimat reports that steady progress is being made with the integration of the Lafarge business, which it acquired earlier this year, and that the suspension...
Industrial metals found firmer footing on Tuesday, the day after commodities were swept up in a tumultuous global selloff of risk assets. Copper, aluminum and zinc all steadied after a frenzied...
London-listed Kavango Resources has identified several new, previously unknown induced polarisation (IP) zones at its Nara gold exploration project, in Zimbabwe, in addition to further extensions...
The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater...
This week: Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize; Seriti’s wind move may be further energy transitioned by solar and, Kumba Iron-Ore says public-private partnership...
Canadian miner Baffinland Iron Mines on Tuesday announced the resignation of Brian Penney as CEO. Penney has decided to leave his position to allow more time with his family on the east coast of...
BHP's iron-ore supply has not been affected after a minor incident at a railyard near Port Hedland in Western Australia, the company said on Wednesday. “A single rail car has come off the tracks...
Rio Tinto may consider a large acquisition but it would have to provide value that is hard to find amid a copper market that is running hot, CEO Jakob Stausholm said on Wednesday while discussing...
The successful development of the Simandou iron-ore project will have a transformative impact on the Guinean economy and its people and bring green solutions to the steelmaking industry in China...
Ferrochrome production attributable to the Johannesburg Stock Exchange-listed Merafe Resources from the Glencore Merafe Chrome Venture for the six months to June 30 was a 17%-lower 154 000 t...
Mubadala Capital and commodities trader Trafigura have hired UBS BB and Goldman Sachs to help sell a Brazilian iron-ore port they bought a decade ago from former oil and mining tycoon Eike Batista,...
Guinea’s giant Simandou iron-ore project, which is expected to start exports in two years’ time, is set to contribute to the world’s decarbonisation efforts, according to Rio Tinto. “With an iron...
Shares of Australia's Fortescue fell more than 9% on Tuesday to hit their lowest levels in 21 months, after stocks worth A$1.9-billion ($1.24-billion) were sold in a discounted block trade...
Brazilian miner Vale is confident it will manage to meet the top end of its outlook for iron ore production in 2024, which stands between 310 million and 320 million metric tons, chief executive...
Brazilian miner Vale, one of the world's largest iron-ore producers, said on Thursday its second-quarter net profit soared to $2.77-billion, triple the year-earlier period and above analyst...
Mining Weekly Editor Martin Creamer discusses the Minerals Council South Africa's support of beneficiation where the economics make sense; Seriti Resources advancing into wind energy through Seriti...
Although the South African iron-ore sector showed a “healthy recovery” in 2021 and 2022 after emerging from the Covid-19-induced slump in 2020, figures have again trended downwards since 2022...
The Saldanha Multi-Purpose Terminal (MPT), owned and operated by State-owned freight logistics company Transnet Port Terminals (TPT), recorded a volume increase of 6.2% year-to-date in March, it...
By the end of 2025, the new Anglo American is going to be focused 100% on copper, iron-ore and crop nutrient mining. By that time, the demerged Johannesburg Stock Exchange-listed Anglo American...
ASX-listed Fenix Resources is set to build a new mine in Western Australia’s Mid-West with the announcement that it is proceeding with the Beebyn-W11 project. According to a new feasibility study,...
Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June....
ustralia's Fortescue said on Thursday it will increase spending on its energy division to advance several new green hydrogen projects next year, disappointing analysts who had expected a company...
Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49-billion takeover bid...
Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the...
The Iron Ore Company of Canada (IOC) has begun the process of restarting operations in Labrador City, Quebec. This comes as provincial authorities on Monday lifted an evacuation order for the town...
Iron-ore dropped to near the $100 a ton threshold as a policy meeting in China failed to deliver major stimulus, while supplies remained robust. The steelmaking material fell as much as 2.3% to...
BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion pound claim over one of Brazil's worst environmental disasters, London's High...
The commitment of South Africa’s new multi-party government to continued reform of this country’s iron-ore logistics was hailed on Tuesday by Kumba Iron Ore. During the presentation of half-year...
Mining company Kumba Iron-Ore has reported a robust set of results for the six months ended June 30 despite a challenging market. CE Mpumi Zikalala says the company’s first-half results reflect...
Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong....
The African Development Bank Group (AfDB) has approved an R18.85-billion, or $1-billion, corporate loan to South Africa's State-owned freight transport and logistics group Transnet for its recovery...
The basic earnings of iron-ore mining company Kumba for the six months to June 30 are expected to between 24% and 29% lower than for the first six months of last year. The decreased R6 847-million...
The world’s biggest iron-ore producers are hurling plenty of dirt, adding tons of the steel-making commodity to the seaborne market even as top user China battles a demand-sapping property crisis....
Prominent Australian mining and energy group Fortescue on Wednesday announced the simplification of its organisational structure, the appointment of a new CFO and COO, as well as 700 redundancies...
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