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Iron-ore

Anglo American's corporate head office in South Africa
Can Anglo's copper pivot help thwart renewed takeover bid?
25th October 2024 By: Reuters

The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or absorption by a bigger rival such as BHP... 


Vale's third-quarter profit falls 15% on dam collapse provisions, lower ore prices
Vale's third-quarter profit falls 15% on dam collapse provisions, lower ore prices
25th October 2024 By: Reuters

Brazilian miner Vale, one of the world's largest iron-ore producers, said on Thursday its third-quarter net profit fell 15% from a year earlier, hit by lower prices of the steel-making ingredient... 


An image of a presentation about the ATAJO OnEdge software at the launch event
Oil-monitoring tech boosts maintenance
25th October 2024 By: Trent Roebeck

South Africa-based digital solutions provider Britehouse Mobility, and its partner Perfect Filtration, is optimising plant efficiency and reliability of mobile mining equipment with the ATAJO... 


Fortescue record Q1 iron-ore shipments marred by cost pressures
Fortescue record Q1 iron-ore shipments marred by cost pressures
24th October 2024 By: Reuters

Fortescue, the world's fourth-largest iron-ore miner, on Thursday posted a 4% rise in its first-quarter iron-ore shipments but flagged rising costs at its mines while realised prices had fallen,... 


Afrimat group CEO Andries van Heerden
Afrimat posts 45.4% drop in operating profit after ‘extremely stressful’ first half
24th October 2024 By: Darren Parker

Although mid-tier mining and materials company Afrimat recorded a year-on-year revenue increase of 44.3%, from R2.8-billion to R4.1-billion for the six months ended August 31, its operating profit... 


Wind farm at Anglo's Quellaveco copper mine in Peru.
Anglo advancing copper, iron-ore, crop nutrients investment proposition
24th October 2024 By: Martin Creamer

Diversified mining company Anglo American said on Thursday that it is making “excellent” portfolio simplification progress to create an investment proposition focused on copper, premium iron-ore... 


Kal Tire VP Southern Africa John Martin
ESG targets are prioritising the need for mining tyre circularity
24th October 2024 By: Martin Creamer

Stockpiles of mining tyres are beginning to weigh heavily on the environmental, social and governance (ESG) targets of mining companies. Large tyre accumulations visible at some mining operations... 


BHP says claim it put profit over safety 'unjustified' in Brazilian dam collapse case
BHP says claim it put profit over safety 'unjustified' in Brazilian dam collapse case
24th October 2024 By: Reuters

BHP said on Wednesday that allegations a pursuit of profit over safety contributed to Brazil's worst environmental disaster were "far-fetched and unjustified", as the miner opened its defence to a... 


Chris Ellison
Mineral Resources’ Ellison faces probe from Australian watchdog
24th October 2024 By: Reuters

Australia’s corporate watchdog is investigating Mineral Resources and its tycoon founder, Chris Ellison, after he made undeclared payments that avoided tax. “The Australian Securities and... 


The Saldanha Bay port
Kumba's third-quarter output down 3% y/y on the back of logistics constraints
24th October 2024 By: Chanel de Bruyn

South African iron-ore miner Kumba Iron Ore recorded a 3% year-on-year decrease in output to 9.4-million tonnes for the third quarter ended September 30, as derailments, rail breakages and speed... 


Dam disaster deal should curb lawsuits against Vale and BHP, sources say
Dam disaster deal should curb lawsuits against Vale and BHP, sources say
23rd October 2024 By: Reuters

An agreement by Vale, BHP and their joint venture Samarco to pay 170-billion reais ($29.85-billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits... 


Former Gullick South Africa Technical Manager Terry Hamilton (right) interviewed by Mining Weekly's Martin Creamer.
Water power is there for the taking in many underground mines
22nd October 2024 By: Martin Creamer

Water power is there for the taking across a broad spectrum of many of South Africa’s hard-rock underground mines. At a time of high electricity prices, the availability of cooling reservoirs at... 


Green Iron SA consortium to unlock Braemar potential
Green Iron SA consortium to unlock Braemar potential
22nd October 2024 By: Mariaan Webb

Green Iron SA, a consortium featuring Magnetite Mines, Aurizon, Flinders Port, and GHD, was launched on Tuesday with the goal of unlocking the Braemar iron region’s vast potential. The... 


Iron-ore retreats as mounting concerns on weakening steel demand weigh
Iron-ore retreats as mounting concerns on weakening steel demand weigh
22nd October 2024 By: Reuters

Prices of iron-ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of... 


Minerals Council's first Accommodation Newsletter details mine housing projects
21st October 2024 By: Schalk Burger

Mining industry employer organisation Minerals Council South Africa has published the first edition of its Accommodation Newsletter, which highlights the interventions by, and projects of, member... 


Altona confirms iron-ore, copper, gold prospectivity at Zambia project
21st October 2024 By: Darren Parker

Results from a geophysical and geochemical data assessment for London-listed Altona’s new Kabompo South project, in Zambia, performed by Namibia-based geophysical services company Earthmaps... 


Arrow signs MoU with Baosteel for iron-ore sales from Simandou North
21st October 2024 By: Mariaan Webb

Australian company Arrow Minerals has taken a significant step toward accessing the sales market for its Simandou North iron-ore project with the signing of a memorandum of understanding (MoU) with... 


BHP trying to avoid responsibility over Brazilian dam collapse, UK court told
BHP trying to avoid responsibility over Brazilian dam collapse, UK court told
21st October 2024 By: Reuters

BHP is cynically trying to avoid its responsibility for Brazil's worst environmental disaster, lawyers representing thousands of victims told London's High Court on Monday, as a lawsuit worth up to... 


Steel products stored in a warehouse
China’s steel demand has shrunk to less than half global total
21st October 2024 By: Bloomberg

China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline in the country’s real estate... 


Vale-BHP mine disaster deal moves closer to settlement in Brazil
Vale-BHP mine disaster deal moves closer to settlement in Brazil
21st October 2024 By: Bloomberg

Miners Vale and BHP are a step closer to finalising a deal with Brazilian authorities to provide a multibillion-dollar settlement for one of the country’s worst mining disasters. Ongoing... 


BME MD Ralf Hennecke
Omnia Holdings offering broader value proposition through BME mining segment
21st October 2024 By: Martin Creamer

Leading mine blasting solutions provider BME today announced a new alignment with Protea Mining Chemicals, which provides one point of contact for two solutions through the BME brand. In this... 


BHP faces $47bn UK lawsuit over Brazilian dam collapse
BHP faces $47bn UK lawsuit over Brazilian dam collapse
21st October 2024 By: Reuters

A hearing in a lawsuit against BHP over Brazil's worst environmental disaster, the 2015 collapse of the Mariana dam, will begin at London's High Court on Monday, with claimants seeking up to... 


Iron-ore slumps toward $100 after housing briefing in Beijing
Iron-ore slumps toward $100 after housing briefing in Beijing
17th October 2024 By: Bloomberg

Iron-ore tumbled to a three-week low, a sign that investors doubt whether China’s latest moves to shore up the property market will do enough to boost construction activity and steel demand. China... 


The Cortez mine is part of the NGM complex
Capital maintains full-year revenue guidance
17th October 2024 By: Creamer Media Reporter

London-listed mining services company Capital has reported a 17.6% year-on-year increase in revenue to $93.7-million for the third quarter and is maintaining its full-year revenue guidance at... 


Brazil reviews caves decree in potential boon for mining and energy
17th October 2024 By: Bloomberg

Brazil is revisiting rules that protect caverns from exploration and development with measures that could help advance energy projects and boost Vale’s iron-ore prospects in the country. “It’s a... 


The Escondida copper mine in Chile
BHP posts strong Q1 iron-ore, copper results
17th October 2024 By: Mariaan Webb

The world’s biggest listed miner, BHP, has reported a robust start to the 2025 financial year, with production increases across all major commodities. Copper production saw a 4% increase, reaching... 


Anglo American solar, hydrogen plant at Mogalakwena.
Responsible mining promoted in new global standard initiative
16th October 2024 By: Martin Creamer

Four global metals and minerals mining organisations on Wednesday published a draft consolidated standard that covers a wide range of topics related to responsible mining practices. The Copper... 


Vale posts highest quarterly iron-ore output since 2018
Vale posts highest quarterly iron-ore output since 2018
16th October 2024 By: Reuters

Brazilian miner Vale reported on Tuesday a 5.5% increase in its third-quarter iron-ore production compared to a year earlier, reaching the highest level in almost six years. The company, one of... 


Rio Tinto reported a marked improvement in bauxite output.
Rio Tinto maintains FY guidance, reports steady progress at growth projects
16th October 2024 By: Mariaan Webb

Global mining giant Rio Tinto has reported consistent iron-ore production from its operations in Australia’s Pilbara, with third-quarter output increasing by 1% to 84.1-million tonnes. The company... 


Iron-ore has been in retreat for most of 2024 as a slowdown in China hobbles demand for steel.
Iron-ore drops with leading miners to deliver production reports
15th October 2024 By: Reuters

Iron-ore fell as investors’ attention shifted from China’s plans for stimulus and the outlook for demand to prospects for global supplies, with a procession of leading miners due to deliver... 


Australia’s largest pension says China boom times have finished
Australia’s largest pension says China boom times have finished
15th October 2024 By: Bloomberg

China’s latest bout of stimulus may help stabilise the country’s property crisis but investors should position for the end of the economy’s boom years, says the investment chief of Australia’s... 


Merafe CEO Zanele Matlala
Ferrochrome production edging back up marginally, Merafe’s latest report shows
14th October 2024 By: Martin Creamer

The report on Monday by Johannesburg Stock Exchange- and A2X-listed Merafe Resources shows ferrochrome production to be edging back up maginally. Ferrochrome is a key ingredient of stainless steel... 


ARM CEO Phillip Tobias
ARM board approves construction of chrome recovery plant at Bokoni platinum mine
11th October 2024 By: Martin Creamer

The construction of a chrome recovery plant at Bokoni platinum mine has been approved by the board of African Rainbow Minerals (ARM). ARM acquired Bokoni from Anglo American Platinum and Atlatsa... 


BHP awards NRW a Jimblebar contract
BHP awards NRW a Jimblebar contract
11th October 2024 By: Creamer Media Reporter

Diversified miner BHP has awarded NRW Civil and Mining a development contract for the Jimblebar mine, east of Newman in the Pilbara. The contact, valued at A$109-million, includes various civil,... 


Jwaneng diamond mine
Mining output increases slightly in August
10th October 2024 By: Marleny Arnoldi

Statistics South Africa (Stats SA) reports that mining production increased by 0.3% year-on-year in August, with the largest positive contributors having been manganese, platinum group metals... 


Nicky Oppenheimer
Recycle like there’s no tomorrow, big screen at Oppenheimer event urges attendees
9th October 2024 By: Martin Creamer

Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky... 


Anglo American CE Duncan Wanblad
Sustainable mining possible and necessary for global growth – Wanblad
9th October 2024 By: Schalk Burger

The mining industry is experiencing a period of unprecedented and protracted change, and many in the mining industry are facing considerable challenges as many commodities are facing revenue... 


Vale swaps head of iron-ore business
9th October 2024 By: Reuters

Brazilian miner Vale on Tuesday swapped out its head of iron-ore solutions, the first major change in leadership since CEO Gustavo Pimenta started in his role earlier this month. Vale's current... 


Iron-ore pushes higher on hopes more China stimulus is coming
Iron-ore pushes higher on hopes more China stimulus is coming
7th October 2024 By: Bloomberg

Iron-ore rose — following two sharply weekly gains — on speculation China’s top economic planner will unveil more stimulus measures at a press briefing on Tuesday morning. The steelmaking staple... 


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