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Weba Chute Systems & Solutions

Press Office - Weba Chute Systems & Solutions

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... 


Future-Proofing African Mining, Today! Strategic Leadership and Innovation at the Heart of Mining Indaba 2025
Future-Proofing African Mining, Today! Strategic Leadership and Innovation at the Heart of Mining Indaba 2025
21st October 2024

Mining Indaba – the premier platform for deal-making, investment, and corporate networking for African mining for over 30 years – is cementing its position as the catalyst that ignites positive... 


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... 


The Sandvik Leopard™ DI650i is an intelligent down-the-hole (DTH) drill rig built for high-capacity production drilling applications
Rising popularity for Sandvik Leopard DI650i in southern African
18th October 2024

On the back of its global debut at the 2018 edition of Electra Mining Africa, the Sandvik Leopard™ DI650i down-the-hole (DTH) drill rig has earned its stripes in the southern African surface mining... 


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... 


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... 


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... 


Rio Tinto CEO Jakob Stausholm
Rio takes step toward M&A redemption with $6.7bn lithium bet
14th October 2024 By: Bloomberg

A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase of aluminum group Alcan, and then the ill-conceived... 


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,... 


JPMorgan says European miners underpricing US election risk
JPMorgan says European miners underpricing US election risk
11th October 2024 By: Bloomberg

European mining stocks could see their valuations fall by as much as 20% if US tariffs are imposed following next month’s election, and the industrial metals market is underpricing this... 


Location map of the Australian vanadium project
Australian vanadium project, Australia – update
11th October 2024 By: Sheila Barradas

Australian Vanadium Limited has received a nonbinding letter of interest from the Export-Import Bank of the United States for up to $31-million in debt financing to advance the development and... 


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... 


Rio arrives in lithium with a survival-of-the-fittest mentality
Rio arrives in lithium with a survival-of-the-fittest mentality
10th October 2024 By: Bloomberg

Rio Tinto is muscling in on the lithium market after a precipitous price collapse for the battery metal, betting it can build a portfolio of huge, low-cost mines that will outlast weaker rivals.... 


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... 


Gabon iron-ore firm Gemin to raise A$10m
4th October 2024 By: Creamer Media Reporter

ASX-listed, Africa-focused iron-ore company Genmin has received firm commitments to raise A$10-million through a two-tranche placement and executed an arm’s length $1-million working capital... 


 Mineral and Petroleum Resources Minister Gwede Mantashe
South Africa remains attractive mining investment destination – Mantashe
4th October 2024 By: Sabrina Jardim

Despite the South African mining industry having recorded two months of decline in production across some sectors such as coal and iron-ore, Mineral and Petroleum Resources Minister Gwede Mantashe... 


Sudden shift in China metals sentiment drives LME week optimism
4th October 2024 By: Bloomberg

Metals traders arriving in London for LME Week were in for a surprise as they caught up with friends and customers from China. For the last couple of years, the biggest consumer and producer has... 


Anglo American CEO Duncan Wanblad
Anglo American not a sitting duck after breakup, CEO says
4th October 2024 By: Reuters

Anglo American will not be an "inevitable" takeover target after its unbundles its diamond, platinum, nickel and coal assets, CEO Duncan Wanblad said on Thursday. The mining giant is restructuring... 


Macmahon’s Decmil bags A$61m Marble Bar road project
3rd October 2024 By: Creamer Media Reporter

Mining company HanRoy Iron Ore has awarded a A$61-million road upgrade project to Macmahon subsidiary Decmil. Decmil will upgrade 23 km of road to main roads Western Australia standards on the... 


Vale backs Brazil critical minerals fund in nod to government
3rd October 2024 By: Bloomberg

Vale is committed to investing in Brazil’s first fund to support critical minerals as it seeks to diversify, the new chief of the world’s No. 2 iron-ore supplier said Wednesday. Vale has 90% of... 


Vale CEO Gustavo Pimenta
Vale's new boss pledges to grow copper output after falling behind rivals
3rd October 2024 By: Reuters

Brazilian miner Vale aims to boost its copper production, the company's new CEO said on Wednesday, conceding it has lost ground to its competitors in output of the key industrial metal. Vale is a... 


A Transnet Freight Rail train on the Sishen-Saldanha iron-ore corridor
Phillips says Transnet not yet on track to meet 193Mt rail ‘stretch target’
2nd October 2024 By: Terence Creamer

Meeting the 193-million-ton rail stretch target set under the newly launched second phase of the partnership between business and government would require a significant amount of work and... 


Minerals Council South Africa CEO Mzila Mthenjane
Infrastructure rehabilitation, more exploration crucial for South African mining industry growth, Mthenjane says
2nd October 2024 By: Darren Parker

Minerals Council South Africa CEO Mzila Mthenjane believes that growing the South African mining industry depends on restoring mining capacity through infrastructure rehabilitation in the short... 


Uganda President Yoweri Museveni
Uganda sets up State-owned firm to take stakes in mining operations
2nd October 2024 By: Reuters

Uganda has formed a State-owned mining company to manage the government's equity interests in mining operations, its minister for energy and mineral development, Ruth Nankabirwa, said. All mining... 


Navigating Namibia's mining sector challenges: Strategies for growth and stability
Navigating Namibia's mining sector challenges: Strategies for growth and stability
1st October 2024

By: Julien Karambua - MD at Workforce Staffing Namibia Namibia's mining sector, a cornerstone of the country's economy, is undergoing a significant resurgence, particularly around uranium and gold... 


Iron-ore soars to near three-month high on China's fresh property stimulus
30th September 2024 By: Reuters

Iron ore futures surged to a near three-month high on Monday, propelled by improving demand outlook on the back of top consumer China's latest property stimulus and a raft of monetary easing... 


Freeport cranks up copper output as rivals scour for deals to grow
Freeport cranks up copper output as rivals scour for deals to grow
30th September 2024 By: Reuters

Freeport-McMoRan is turbo-charging its copper output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts say positions the company... 


Australia revises down commodity revenue forecasts as prices trend lower
Australia revises down commodity revenue forecasts as prices trend lower
30th September 2024 By: Reuters

Australia slightly revised down its forecasts for resource and energy export earnings on Monday as lower prices across a broad range of commodities and a stronger currency continued to pressure a... 


Iron-ore rallies back above $100 as China’s vows boost outlook
27th September 2024 By: Mariaan Webb

Iron-ore headed for the biggest weekly gain since April — with futures topping $100 a ton — after policymakers in China unveiled a blitz of initiatives to support growth in the world’s largest user... 


Iron Road explores wind power for Central Eyre Iron Project
27th September 2024 By: Mariaan Webb

Australian miner Iron Road is collaborating with a subsidiary of Denmark-based wind power group Vestas to explore the supply of green electricity for its Central Eyre Iron Project (CEIP), in South... 


Andrew Forrest
Fortescue, Liebherr secure orders for 100 electric mining trucks, Forrest says
27th September 2024 By: Reuters

Australian miner Fortescue and German-Swiss equipment manufacturer Liebherr have secured orders for 100 autonomous battery-powered mining trucks for other mining and transport companies, Fortescue... 


Russia's USM threatens legal action over confiscation of its iron-ore in Ukraine
27th September 2024 By: Reuters

MOSCOW – Russia's USM said on Friday it will take legal action against any party seeking to buy iron-ore expropriated from the conglomerate by Ukrainian authorities. It rejected a ruling by... 


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