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Press Office - Weba Chute Systems & Solutions

Image of drill core from the Jadar project
Jadar lithium-borates project, Serbia – update
16th August 2024 By: Sheila Barradas

Environmental activists and opposition groups are set to gather in the centre of Serbia’s capital on August 17 to demand a halt to the Rio Tinto-proposed Jadar mine. 


Exxaro CEO Dr Nombasa Tsengwa.
Exxaro expecting interest rates to begin to lower during the remainder of this year
15th August 2024 By: Martin Creamer

Johannesburg-listed coal and energy company Exxaro is expecting the Federal Reserve, the European Central Bank, the Bank of England and the South African Reserve Bank, among others, to start... 


Steel pipes at a market in China
World’s biggest steel producer warns of ‘severe’ industry crisis
14th August 2024 By: Bloomberg

China’s steel industry is facing a crisis more serious than the downturns of 2008 and 2015, the leading producer warned, highlighting a need to preserve cash and likening conditions to a “severe... 


South Africa's mining production decreased by 3.5% y/y in June
13th August 2024 By: Creamer Media Reporter

South Africa's mining production decreased by 3.5% year-on-year in June, with gold, platinum group metals (PGMs), coal and "other" metallic minerals having made the biggest negative contributions.... 


Iron-ore takes fresh hit as concerns over global glut exact toll
Iron-ore takes fresh hit as concerns over global glut exact toll
13th August 2024 By: Reuters

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... 


A $91bn trade means mining in one of the world's hottest places
A $91bn trade means mining in one of the world's hottest places
13th August 2024 By: Bloomberg

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... 


Tribunal approves ARM’s buyout of remaining Nkomati JV stake
12th August 2024 By: Sabrina Jardim

The Competition Tribunal has unconditionally approved African Rainbow Minerals’ (ARM’s) proposed transaction to acquire the remaining participation interest in the Nkomati joint venture (JV) and an... 


DMRE add their voice to support Women in Mining during conference, end August
DMRE add their voice to support Women in Mining during conference, end August
12th August 2024

Pinpoint Stewards are honoured to announce DMRE, Elizabeth Marabwa, Chief Director: Programme and Projects Management Office, will be delivering a keynote address on: supporting and developing... 


Rio Tinto’s Serbia lithium project faces fresh protests
Rio Tinto’s Serbia lithium project faces fresh protests
12th August 2024 By: Bloomberg

Environmental activists and opposition groups are set to gather in the center of Serbia’s capital on Saturday to demand a halt to the Rio Tinto Group’s $2.4-billion plans to open Europe’s biggest... 


Weir Logo
Empowering women in mining - Weir's commitment to diversity and inclusion
9th August 2024

Weir Minerals is committed to fostering an inclusive and diverse workforce, empowering women in the mining industry. Recognising the unique perspectives and innovative ideas women bring to the... 


Logo
Harmony Gold Mining - Women in Mining
9th August 2024

Azikho Ncolosi Harmony Gold graduate geologist at Masimong mine, Azikho Ncolosi’s current role is equivalent to shaft geologist. She provides specialist geological information for mine service,... 


Image of iron-ore stockpile
BMM iron-ore project, South Africa
9th August 2024 By: Sheila Barradas

Vedanta Zinc International subsidiary Black Mountain Mining (BMM) plans to add a new product line, iron-ore (magnetite), to the BMM portfolio and is set to add significant financial benefits to the... 


Exxaro warns of lower interim earnings
8th August 2024 By: Sabrina Jardim

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... 


BHP seeking buyer for gold, copper mines in Brazil
BHP seeking buyer for gold, copper mines in Brazil
8th August 2024 By: Bloomberg

BHP Group, the world’s No. 1 miner, is planning to sell Brazilian copper and gold assets it acquired with the takeover of Oz Minerals, according to people familiar with the matter. The company has... 


Paladin excited to enter the ‘Pilbara of uranium’
Paladin excited to enter the ‘Pilbara of uranium’
7th August 2024 By: Mariaan Webb

Australia-headquartered uranium miner Paladin Energy is set on transforming itself from a single-asset entity into a "serious global producer with scale and upside potential", said COO Paul... 


Benjamin Sibanda, Managing Director, Mato Products
Mato Products to showcase its latest conveyor belt cleaning solutions at Electra Mining Africa 2024
6th August 2024

Mato Products will showcase its latest product range and innovations in conveyor belt fasteners and cleaning systems at Electra Mining Africa, taking place from 2 to 6 September 2024. Recognised as... 


Copper products
Copper steadies after plumbing four-month low during global rout
6th August 2024 By: Bloomberg

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... 


Vitol extends deal spree with purchase of fallen rival Noble
Vitol extends deal spree with purchase of fallen rival Noble
2nd August 2024 By: Bloomberg

Vitol Group has agreed to buy the last remaining piece of fallen Asian commodity trader Noble, as the energy trading giant recycles its blockbuster profits to go on an acquisition spree. Vitol... 


Gold Fields appoints two new nonexec directors
2nd August 2024 By: Sabrina Jardim

JSE- and NYSE-listed Gold Fields has appointed Shannon Leigh McCrae and Zarina Bibi Mahomed Bassa as nonexecutive directors, with effect from August 2. Bassa will also serve as a member of the... 


Image of iron-ore bucket excavator
Simandou iron-ore project, Guinea – update
2nd August 2024 By: Sheila Barradas

The project is set to contribute to the world’s decarbonisation efforts. 


Western Australian job losses dent Australia's green ambitions
Western Australian job losses dent Australia's green ambitions
1st August 2024 By: Reuters

A downturn in the critical minerals sector that has triggered a wave of job losses in Australia's top earning resources state has also struck a blow to the country's hopes to build out a critical... 


Resources Watch
Resources Watch
1st August 2024

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... 


Mining powerhouse Australia to tighten up exploration rules
Mining powerhouse Australia to tighten up exploration rules
1st August 2024 By: Bloomberg

Australia — one of the world’s most important mining nations — is planning to tighten rules that govern how companies announce their exploration results, with a revised code for listed companies... 


Baffinland Iron Mines CEO resigns
31st July 2024 By: Creamer Media Reporter

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 says iron-ore supply not affected by minor rail car incident
BHP says iron-ore supply not affected by minor rail car incident
31st July 2024 By: Reuters

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 CEO Jakob Stausholm
Rio Tinto open to big copper buys but cautious of overheated market
31st July 2024 By: Reuters

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... 


Simandou to be transformative for Guinea – law firm
30th July 2024 By: Schalk Burger

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... 


Mubadala, Trafigura hire UBS BB and Goldman Sachs to sell Brazil port, sources say
30th July 2024 By: Reuters

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,... 


The Simandou project area
Guinea’s Simandou iron-ore project seen aiding climate goal
30th July 2024 By: Bloomberg

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... 


Fortescue's head office
Fortescue shares slump to 21-month low on $1.24bn discounted block trade
30th July 2024 By: Reuters

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... 


Vale CEO Eduardo Bartolomeo
Vale on track to hit top end of iron-ore guidance, upbeat on China
29th July 2024 By: Reuters

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... 


Teck's Highland Valley copper operations in Canada
Teck draws M&A attention from big miners in rush for copper
29th July 2024 By: Bloomberg

The world’s biggest miners are back in serious dealmaking mode and Teck Resources is taking center stage. The Canadian miner, which has exited its coal business with a sale this month to Glencore,... 


Photo of Martin Creamer
On-The-Air (26/07/2024)
26th July 2024 By: Martin Creamer

Martin Creamer talks about job creation, sun and wind energy and iron-ore. 


Vale says Q2 net profit triples, iron-ore sales up
Vale says Q2 net profit triples, iron-ore sales up
26th July 2024 By: Reuters

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... 


Beneficiation, Seriti Green, iron-ore logistics make headlines
Beneficiation, Seriti Green, iron-ore logistics make headlines
26th July 2024

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... 


A Large shipping vessel berthed at the Saldanha Multi-Purpose Terminal ready to be loaded with Ore for export
Iron-ore exports on the up
26th July 2024 By: Halima Frost

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... 


Image of a bucket excavator at the Sishen mine
Sishen ultrahigh dense-media separation project, South Africa – update
26th July 2024 By: Sheila Barradas

Kumba Iron Ore has reiterated that the project remains an important element in the positioning of its business for a sustainable future.  


An iron ore train on tracks covered in ore dust
Post Covid-19 iron-ore sector faces new challenges
26th July 2024 By: Halima Frost

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... 


Image of a bucket wheel excavator at the Kolomela mine
Kapstevel South project, South Africa – update
26th July 2024 By: Sheila Barradas

The project is complete. 


Anglo American CE Duncan Wanblad.
Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize
25th July 2024 By: Martin Creamer

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... 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

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.... 


Fortescue to step up energy spending despite job cuts
Fortescue to step up energy spending despite job cuts
25th July 2024 By: Reuters

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 CEO Duncan Wanblad
Anglo to face investors with wary eye on BHP's potential return
24th July 2024 By: Reuters

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... 


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