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Weba Chute Systems & Solutions

Press Office - Weba Chute Systems & Solutions

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Direct reduction pellet feed project, Canada – update
7th February 2025 By: Sheila Barradas

Mining development company Champion Iron is continuing to advance its direct reduction pellet feed project. 


Iron-ore pares losses on Australia supply worries, softer US dollar
6th February 2025 By: Reuters

Iron-ore futures clawed back higher on Thursday, supported by a softer dollar and Australia supply snags, while investors looked for fresh developments surrounding the trade war between the United... 


Kumba Iron Ore CEO Mpumi Zikalala
Kumba to report nearly 50% drop in headline earnings for 2024
6th February 2025 By: Darren Parker

JSE-listed iron-ore producer Kumba Iron Ore has advised that its headline earnings per share (HEPS) for the year ended December 31, 2024, are expected to be between R36.60 and R40.50, a decrease of... 


AMSA postpones longs wind down by month amid intense rescue talks with government
AMSA postpones longs wind down by month amid intense rescue talks with government
6th February 2025 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has postponed the wind down of its longs business by a month to allow talks with government on possible ways to prevent the closure to progress, as... 


Anglo American CEO Duncan Wanblad
Anglo reports solid copper, iron-ore operational performance as portfolio simplification continues
6th February 2025 By: Creamer Media Reporter

Diversified miner Anglo American's copper and iron-ore operations delivered a good performance for the fourth quarter of 2024, as well as for the full-year, in line with the group's growing focus... 


The Mogalakwena mine
Amplats CEO sees investor interest ahead of spinoff
6th February 2025 By: Reuters

Anglo American Platinum (Amplats) is seeing a high level of investor interest in the business as it prepares to spin off as an independent entity from its parent Anglo American, Amplats CEO Craig... 


Woodside CEO criticises lengthy project approvals in Australia
Woodside CEO criticises lengthy project approvals in Australia
6th February 2025 By: Mariaan Webb

Oil and gas major Woodside Energy CEO Meg O’Neill has called for reforms to Australia’s project approval processes, arguing that lengthy delays are undermining investment and the country’s global... 


Menar MD Vuslat Bayoglu
Return of ferromanganese is this year’s focus, Menar emphasises at Mining Indaba
5th February 2025 By: Martin Creamer

Helping South Africa to return to being a producer of ferromanganese will be a major 2025 focus of mining company Menar, its MD Vuslat Bayoglu emphasised on Wednesday. In an interview on day-three... 


Peter Secker appointed Canyon CEO
5th February 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources has appointed Peter Secker CEO, starting July 1, succeeding Jean Sebastien Boutet, who will be transitioning into a new role for Canyon as chief commercial and corporate... 


Mining Trends Watch: How African mines will embrace a new era of autonomous, tech-driven mining by 2040
5th February 2025

By: Sabine Dall’Omo - CEO of Siemens Sub-Saharan Africa As the global mining industry enters an era of rapidly evolving automation, Africa will emerge as a leader in embracing autonomous machinery,... 


FMG closer to securing Red Hawk as offer nears unconditional status
FMG closer to securing Red Hawk as offer nears unconditional status
5th February 2025 By: Mariaan Webb

Iron-ore major Fortescue's bid to acquire Red Hawk Mining is progressing towards completion, with the offer now set to become unconditional by February 17. Fortescue’s subsidiary, FMG Pilbara... 


Iron-ore
Guinea sees maximum Simandou output in second year of operation
5th February 2025 By: Bloomberg

Guinea expects the giant Simandou iron-ore project, which is expected to begin production by December, to achieve maximum output by its second year of operation. The government projects the two... 


Athena appoints new CEO
4th February 2025 By: Creamer Media Reporter

Western Australian iron-ore developer Athena Resources on Tuesday announced the appointment of Peter Jones as MD and CEO with effect from February 17. Prior to joining Athena, Jones worked for... 


From crisis to renewal: How private investment can turn South Africa’s freight challenges around
From crisis to renewal: How private investment can turn South Africa’s freight challenges around
4th February 2025

By: Mark Evans, Oliver Wyman partner in Energy and Natural Resources Transnet’s Network Statement signals a crucial turning point for South Africa’s rail transportation sector, boldly inviting the... 


Wood secures engineering contract at Cameroon mining project
4th February 2025 By: Tasneem Bulbulia

Consulting and engineering company Wood has been awarded an engineering scope for the Ngovayang iron-ore project, in southern Cameroon. The award by Cameroon Mining Action (Camina), a subsidiary of... 


Energy giant Vitol targets copper market with hire from Glencore
4th February 2025 By: Bloomberg

Vitol Group has hired a former Glencore trader to develop a copper business, as the energy trading powerhouse seeks to enter the highest-profile metals market. Bruno Porto, a veteran copper trader... 


Copper and zinc climb as Trump delays tariffs on Canada, Mexico
Copper and zinc climb as Trump delays tariffs on Canada, Mexico
4th February 2025 By: Bloomberg

Copper and zinc rose after President Donald Trump delayed tariffs on Canada and Mexico by a month, dragging the US dollar lower. Copper, an industrial bellwether, extended gains Tuesday amid the... 


Rio Tinto faces new iron-ore shipping snarls due to cyclones
Rio Tinto faces new iron-ore shipping snarls due to cyclones
4th February 2025 By: Reuters

Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure... 


Red Hawk owns the Blacksmith iron-ore project, located 30 km west of Fortescue’s Solomon operations in the Western Hub.
FMG secures majority stake in Red Hawk
4th February 2025 By: Creamer Media Reporter

ASX-listed Fortescue said on Tuesday morning that it had obtained a majority interest of 66.23% in iron-ore junior Red Hawk Mining following the acceptance of its off-market takeover offer by Red... 


Paul Dunne, Hugo Pienaar and Mzila Mthenjane
Mining still major contributor to South African economy
3rd February 2025 By: Rebecca Campbell

The South African mining industry contributed 6% of the country’s total nominal GDP during the first three quarters of last year. In money terms, this amounted to R432.7-billion. So highlighted... 


An iamge of ZIOC chairperson Clifford Elphick
ZIOC signs power MoU for Congo-Brazzaville project
3rd February 2025 By: Tasneem Bulbulia

Aim-listed Zanaga Iron Ore Company (ZIOC) and its 100% subsidiary MPD Congo have  signed a memorandum of understanding (MoU) with Centrale Électrique du Congo (CEC) to evaluate potential solutions... 


De Beers agrees on fresh sales agreement with Botswana
3rd February 2025 By: Reuters

Miner Anglo American's diamond unit De Beers said on Monday it had finalised negotiations with the Botswana government for a new rough diamond sales agreement and extended mining licences for its... 


Metals drop as Trump tariffs raise inflation, growth fears
Metals drop as Trump tariffs raise inflation, growth fears
3rd February 2025 By: Bloomberg

Iron-ore and aluminum led metals lower after President Donald Trump imposed tariffs on China, Canada and Mexico, threatening a trade war that could sap global economic growth. The steelmaking... 


ADQ, Orion Resource Partners establish metals, mining JV
31st January 2025 By: Schalk Burger

Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that... 


Andaman Partners logo
China Remains a Critical Player in Global Mining: Now is the Time to Engage It More Strategically
31st January 2025

Kobus van der Wath – Co-Founder & CEO, ANDAMAN PARTNERS China remains one of the world’s largest producers of resources and the largest consumer; and it is typically the largest importer of... 


Image of iron-ore stockpile
Simandou iron-ore project, Guinea – update
31st January 2025 By: Sheila Barradas

Chinalco-led consortium Winning Consortium Simandou has awarded a contract for Evolution Series ES43ACmi locomotives and services. 


The Scully iron-ore mine
Strategic Resources looking to use iron-ore concentrate from Scully mine
30th January 2025 By: Creamer Media Reporter

TSX-V-listed Strategic Resources and Tacora Resources, the operator of the Scully mine in the Labrador Trough, have signed a collaboration agreement to explore the use of Tacora’s iron-ore... 


Champion Iron maintains stable volumes despite Q3 rail and production disruptions
Champion Iron maintains stable volumes despite Q3 rail and production disruptions
30th January 2025 By: Mariaan Webb

Toronto- and Sydney-listed Champion Iron has maintained stable sales volumes in the third quarter ended December 31, despite encountering a 14-day rail outage and other operational challenges at... 


Coal stockpiles
Anglo completes sale of minority interest in Jellinbah for A$1.6bn
29th January 2025 By: Creamer Media Reporter

Diversified miner Anglo American has concluded the sale of its 33.3% minority interest in Jellinbah Group, a joint venture (JV) that owns a 70% interest in the Jellinbah East and Lake Vermont... 


Vale posts highest annual iron-ore output since 2018 despite fourth-quarter slide
Vale posts highest annual iron-ore output since 2018 despite fourth-quarter slide
29th January 2025 By: Reuters

Brazilian miner Vale posted on Tuesday its highest annual iron-ore production since 2018, even after a decline in output in the fourth quarter when the company prioritised higher-margin products.... 


An artist's rendering of the Evolution Series ES43ACmi locomotives to be delivered to Simandou
Wabtec awarded $248m locomotive order from Winning Consortium Simandou
29th January 2025 By: Creamer Media Reporter

NYSE-listed Wabtec Corporation has been awarded a $248-million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou, to support the latter's rail operations... 


Liberia anticipates new minerals discovery will draw $3bn
29th January 2025 By: Bloomberg

Liberia expects to attract $3-billion in investment after the discovery of new minerals, President Joseph Boakai said. Studies conducted over five decades and funded by the Chinese show the iron... 


US President Donald Trump
Copper extends losses after Trump threatens tariffs on metals
28th January 2025 By: Bloomberg

Copper declined after US President Donald Trump said he planned to impose import tariffs on the metal, as well as aluminum and steel, raising fears of trade wars and spurring further gains in the... 


The Blacksmith iron-ore project is located near Fortescue's Solomon operations.
Fortescue swoops on Red Hawk, targeting Blacksmith iron-ore project
28th January 2025 By: Mariaan Webb

Australian resources heavyweight Fortescue has made a move to expand its iron-ore footprint, launching an off-market takeover bid for Red Hawk Mining on Tuesday. The ASX-listed company, founded by... 


Vale CEO Gustav Pimenta
Vale shares shed $17bn as iron-ore slump foils turnaround
28th January 2025 By: Bloomberg

A weaker China economy and battered iron ore prices have helped drive down Vale’s stock, making investors wary of uncertainties plaguing one of the world’s top suppliers of the steelmaking... 


Rio Tinto confirms disruptions to iron-ore shipments
Rio Tinto confirms disruptions to iron-ore shipments
24th January 2025 By: Mariaan Webb

Australian iron-ore giant Rio Tinto confirmed on Friday that its rail and port operations in the Pilbara region had been disrupted by Tropical Cyclone Sean, which brought record rainfall to parts... 


Fortescue Energy CEO says green hydrogen cost is key as demand drops
24th January 2025 By: Reuters

Replacing fossil fuels with green hydrogen depends on creating demand by making it price competitive, as buyers are unwilling to pay "green premiums", Fortescue Energy CEO Mark Hutchinson told... 


Transnet's Central Corridor rail line
South African coal, metal exporters to spend billions fixing rail
24th January 2025 By: Bloomberg

South African coal and iron-ore exporters aim to sign agreements with state-owned logistics company Transnet next month that could pave the way for them to spend billions of rand to help fix... 


Image of iron ore bucket loaders
Kamistiatusset iron-ore project, Canada – update
24th January 2025 By: Sheila Barradas

Iron-ore mining and development company Champion Iron has reported that Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the Kami project for A$245-million. 


Fortescue's Q2 iron-ore shipments edge up; Iron Bridge shutdown weighs
Fortescue's Q2 iron-ore shipments edge up; Iron Bridge shutdown weighs
23rd January 2025 By: Reuters

Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the... 


Iron-ore and other metals drop after Trump’s China tariff threat
Iron-ore and other metals drop after Trump’s China tariff threat
22nd January 2025 By: Bloomberg

Iron-ore and most base metals fell after US President Donald Trump said that he could hit China with 10% tariffs on all imports, suggesting February 1 as the possible start date. Futures of the... 


Yearly South African mining production fell by 0.9% in November
21st January 2025 By: Darren Parker

Mining production decreased by 0.9% year-on-year in November last year, Statistics South Africa (Stats SA) has revealed in its latest mining production update, published on January 21. The largest... 


BHP CEO Mike Henry
BHP ‘in good shape’, says Henry as miner reports strong production results
21st January 2025 By: Mariaan Webb

The world’s biggest listed miner, BHP, on Tuesday announced strong production results for the first half of the financial year, with significant gains in its flagship copper and iron-ore... 


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