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Image of water desalination plant
Coastal Water desalination plant, Australia – update
25th October 2024 By: Sheila Barradas

Early works have started. 


Image of iron-ore stockpiles
Razorback iron-ore project, Australia – update
25th October 2024 By: Sheila Barradas

Green Iron SA plans to start with the accelerated development of the project to establish a reliable supply of high-purity magnetite. 


Image of iron-ore stockpile
Rhodes Ridge iron-ore project, Australia – update
25th October 2024 By: Sheila Barradas

The prefeasibility study is on track. 


Image of iron-ore bucket wheel reclaimer
Simandou iron-ore project, Guinea – update
25th October 2024 By: Sheila Barradas

The Simfer mine is on track to deliver first production in 2025. 


Image of bucket wheel reclaimer
Western Range iron-ore project, Australia – update
25th October 2024 By: Sheila Barradas

Construction of the mine is 80% complete. 


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... 


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... 


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... 


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... 


Image of Australia map/flag
Western Ridge crusher project, Australia
18th October 2024 By: Sheila Barradas

The project is expected to replace production from the depleting orebodies around Newman. 


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... 


Rail line
Business sees third-party rail access as crucial to meeting 250Mt volume target
10th October 2024 By: Terence Creamer

An initial assessment by business into what it would involve to raise yearly freight rail volumes to 250-million tons, estimates that Transnet’s recovery alone could lift yearly volumes to about... 


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... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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