Iron ore takes a battering as bear market engulfs China futures

2017-03-22 13:14

Iron ore is getting battered. After rounds of warnings that this year’s rally may be overdone, the raw material is in retreat.

Iron ore powers back to $100 in China

2017-02-10 09:51

Iron ore keeps getting told the end may be nigh: so far in 2017, the response has been that the end’s just another high.

R675m investment in Northern Cape mining

2017-02-08 14:12

UK firm Interalloys Trading plans to ramp up production at its Rooinekke iron-ore mine near Griekwastad in the Northern Cape.

Vale tops estimates as iron mine costs fall

2016-10-27 11:13

Vale has reported earnings that beat analysts’ estimates as the world’s biggest iron-ore miner benefits from lower costs, higher prices and record production.

Iron ore hits the skids as miners, banks wrangle over supply

2016-09-15 09:58

After a stellar run in 2016, iron ore has hit a rough patch, the prospect of a slump below $50 a metric ton is now back in view after the longest losing streak.

Iron ore has surged

2016-09-06 13:41

India’s top iron ore miner is feeling the squeeze despite a global rally in the price of the steel-making material.

Iron ore dubbed 'least favorite' as miners sink

2016-08-31 09:53

Iron ore faces renewed pressure and prices may sink back below $50 a metric tonne before the year-end as rising supply offsets an improvement in Chinese demand.

Transnet Port Terminals celebrates iron ore milestone

2016-08-19 18:15

Transnet Port Terminals marked a historic iron ore export milestone for its Saldanha operations.

Kumba output drops on revised Sishen mine plan

2016-07-20 11:19

Kumba Iron Ore has announced a production drop of 15% to 8.9 million tonnes for the quarter to end-June, consistent with its revised Sishen mine plan.

BHP flags 'another 10yrs' as iron ore adjusts after boom

2016-06-21 12:27

The iron ore market will take longer to balance out than other commodities as excess supply may take years to be absorbed after a boom, according to BHP Billiton.


Robots on the rise at Kumba

2017-02-19 07:23

Kumba Iron Ore has put R500m into innovative technology to reduce the costs of surveying and drilling.

Thabazimbi mine to be transferred to ArcelorMittal

2017-02-09 17:23

Sishen Iron Ore - a subsidiary of Kumba Iron Ore - and ArcelorMittal SA have entered into an agreement to transfer Thabazimbi mine to AMSA.

Iron ore's Trump up gains seen at risk after near-doubling

2016-11-11 12:14

Iron ore, a pacesetter of 2016’s rally in commodities, may be headed for a fall.

Iron ore hoisted on coal's record rally in China

2016-10-25 14:42

Iron ore is surging thanks to its bulk-commodity compatriot, coal.

Kumba slapped with another R1bn tax bill

2016-09-13 11:26

Sishen Iron Ore Company, a subsidiary of Kumba, has received another hefty tax claim from the South African Receiver of Revenue.

BHP expects iron ore to notch declines

2016-09-05 14:15

BHP Billiton expects iron ore prices to begin retreating as “well-telegraphed” new supply hits the market from Australia and Brazil.

Iron ore at risk on China predicted teel output

2016-08-25 15:27

Steel production in China, will probably contract this year and shrink further in 2017 as local demand slows, hurting the outlook for iron ore

Iron ore seen back at $40

2016-08-16 09:26

Iron ore’s 2016 rally may be about to face a challenge from the changing of the seasons.

Iron ore seen sinking below $50

2016-07-11 13:56

Iron ore shipments from the world’s biggest bulk-export terminal in Australia surged to a record in June, buttressing a flurry of predictions that prices are headed back below $50.

Manufacturing output goes up, while mining production dips

2016-06-09 13:00

Mining production has decreased by 6.9% year-on-year in April with iron ore being the largest negative contributor, while manufacturing output increased by 2.9%.

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