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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 believes that growing the South African mining industry depends on restoring mining capacity through infrastructure rehabilitation in the short...
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...
Economic growth in South Africa is expected to accelerate next year as the country recovers from output-sapping power cuts and the nation’s new coalition government focuses on investing in...
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-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 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 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...
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...
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...
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...
Recent volatility in the iron-ore price, which sank below $90/t for the first time since 2022 earlier this month, reflects concern about the steel crisis in China. But there is also a more cautious...
BHP has become the first customer to announce plans to trial Caterpillar's newly launched Cat Dynamic Energy Transfer (DET) system on its battery-electric and diesel-electric mining trucks. The...
Prices of iron-ore futures extended gains into a third straight session on Thursday, after top consumer China's pledge for more stimulus injected further confidence just as the last wave of...
Two acronyms were drummed into new mining entrants in the days of yore – GIK and WAR. GIK is short for ‘grade is king’ and at the opposite end of the scale, everyone was urged to declare war on...
Chinese miners Zhejiang Huayou Cobalt and Tsingshan Holding Group are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company. The two firms already...
Iron-ore futures prices surged on Wednesday, as a fresh batch of policy easing measures from top consumer China lifted market sentiment, while lower global supply also lent support. The...
Fortescue said on Wednesday it has signed a $2.8-billion partnership with German-Swiss equipment manufacturer Liebherr to create one of the world's largest zero-emission mining fleets. The two...
Iron-ore futures fell on Monday to their lowest in more than a year, as investors weighed prospects of soft China demand amid an uneven economic recovery and stronger supply against fresh monetary...
The formation of South Africa’s business-friendly coalition government has triggered a wave of investment announcements and positive sentiment not seen in years, spurring hope that Africa’s biggest...
ASX-listed Hawthorn Resources has exercised its right to convert its participating interest in the Mt Bevan magnetite project joint venture with Legacy Iron Ore and Hancock Magnetite to a royalty....
The 2024 feasibility study has outlined a robust project that is expected to average 106 000 t of copper, 3.7-million tonnes of iron concentrate and 35 000 oz of gold over the first seven years of...
Manganese and iron-ore mining company Assmang’s Black Rock mining operation (BRMO), near Hotazel, in the Northern Cape, recorded 12-million fatality-free shifts earlier this year. This was achieved...
Prices of iron-ore futures gained ground on Thursday, as prospects of fresh Chinese monetary stimulus and lower inventories overshadowed concerns of the top consumer's weakening domestic demand....
With gold prices at a record high, mining companies are back hunting for deals while trying to reassure investors that they’ve learned from past mistakes of overspending. There has been a flurry...
Iron-ore futures prices posted their biggest daily fall in nearly two years on Wednesday, weighed down by prospects of stronger global supply and weakening Chinese steel demand. The most-traded...
he Brazilian government confirmed on Monday it was in talks on a potential $18-billion payout from a trio of miners involved in a deadly 2015 dam collapse, saying the deal could also involve...
Goldman Sachs on Monday cut its iron-ore price forecast for the fourth quarter of 2024 by $15, to $85 per metric ton, citing market oversupply even though demand from top consumer China is...
Brazilian miner Vale said on Saturday that it is conducting checks on a dam after a routine inspection identified surface cracks but noted that the structure’s stability conditions remain...
A feasibility study has revealed a high-grade and -quality project that provides strong returns over the life of the mine.
South Africa's mining production decreased by 1.4% year-on-year in July, Statistics South Africa reports. The largest negative contributors were iron-ore (-19% and contributing -2.8 percentage...
South African stocks have their noses in front of emerging-market peers, but glum news from China threatens to weigh on the key mining sector and stymie that outperformance. Johannesburg’s main...
razilian miner Vale said on Wednesday it expects to produce between 323-million and 330-million metric tons of iron-ore in 2024, raising a previous forecast of 310-million to 320-million. The...
Anglo American South Africa, a subsidiary of diversified miner Anglo American, has sold 13.94-million shares of Anglo American Platinum (Amplats) at a price of R515 a share, raising gross proceeds...
Iron-ore’s plunge is about to test the view that the steelmaking material can find solid price support at $90 a ton or more as high-cost mines are nudged out of the market. Futures in Singapore...
ASX-listed Mineral Resources (MinRes) has received unconditional approval from the Foreign Investment Review Board (FIRB) for the sale of a 49% stake in the Onslow Iron haul road to investment...
Australia should resolve issues related to the environment approval process, said Tania Constable, CEO of the country’s minerals council, highlighting the industry’s concerns that the development...
Iron-ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth. Futures for...
The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock...
Global average steel prices are likely to trend downwards as China's domestic demand is expected to soften owing to a sluggish property sector, a report by Fitch Solutions unit BMI said on...
Iron-ore steadied to remain on track for its worst week since March, with few signs of a recovery for China’s beleaguered steel market. “There is no significant improvement in demand for steel...
Grindrod encountered a “very challenging environment” in the first six months of the year, says CEO Xolani Mbambo. “It’s been difficult.”
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