ARTICLES RELATING TO IRON ORE

African Minerals' profit disappoints

2014-04-03 11:33

Sierra Leone focused iron ore miner African Minerals released 2014 production and cost forecasts slightly worse than analysts' expectations.

African Minerals hits production target

2014-01-10 14:00

African Minerals says it exported 12.1 million tonnes of iron ore last year, in the middle of its revised guidance.

Rio Tinto boosts output forecasts

2013-10-15 10:09

Global miner Rio Tinto has lifted its forecast copper output for 2013 after a better-than-expected recovery at its landside-hit US Kennecott mine.

London Mining sees higher 2013 production

2013-07-18 12:39

Iron ore miner London Mining says it expects 2013 production to be at the higher end of its initial forecast, boosted by higher production at its Marampa mine.

Rio Tinto set on iron ore expansion

2013-05-07 10:08

Rio Tinto is set to press on with plans to boost production at its Australian mines by a quarter in 2015.

Court rules in favour of Sishen

2013-03-28 16:00

The Supreme Court of Appeal has ruled that Sishen Iron Ore Company has the exclusive right to mine iron ore at the Sishen Mine

SA now China's No 3 iron ore supplier

2013-01-21 09:36

South Africa overtook India to become China's third-biggest iron ore supplier in 2012, while Australia strengthened its dominant position.

Interim deal for Sishen, Amsa

2012-12-13 17:20

The Sishen Iron Ore Company and Amsa have reached agreement for continued supply of iron ore next year, the trade and industry department says.

Minas Rio unlikely to cost less than $8bn

2012-11-13 12:32

Anglo American has raised the estimated cost of its Minas Rio iron ore project, telling investors it will most probably cost at least $8bn.

Kumba, Amsa extend supply deal

2012-08-23 11:31

Kumba Iron Ore has agreed to extend an interim supply deal with ArcelorMittal SA until the end of the year, as the companies wrangle to resolve a dispute over pricing.

SA woes, costs weigh on Anglo

2012-07-27 08:46

Miner Anglo American saw a 38% first-half profit drop as faltering global economic growth hit key commodity prices but failed to bring down costs.

BHP may curtail iron ore expansion

2012-06-22 10:19

BHP Billiton is likely to cut the first stage of its $10bn iron ore port expansion in half as it looks to slash capital spending in an uncertain market.

Iron ore prices propped up by output drop

2012-04-19 08:08

Major iron ore producers including Rio Tinto and BHP Billiton have suffered weather-related disruptions, helping to keep iron ore prices resillient.

Aus mines have insurance against lower prices

2012-03-21 14:34

Increased shipments of coal, iron ore and gas would more than make up for any fall in their value, Australian officials say.

BHP sees iron ore demand 'flattening'

2012-03-20 08:29

Mining giant BHP Billiton says Chinese iron ore demand seems to be flattening as the world’s second-largest economy slows, but prices are expected to hold up.

BHP mum on possible Gabon iron ore deal

2012-02-06 10:28

Global miner BHP Billiton has declined to comment on reports that it has made a deal to develop an iron ore mine in Gabon.

Rio Tinto iron ore output flattens

2012-01-17 07:57

Rio Tinto has reported near-flat fourth-quarter production growth of iron ore, undershooting market expectations amid concerns of softening Chinese demand.

African Iron surges after Exxaro bid report

2012-01-09 16:26

Australian-listed African Iron's stock rose more than 9% after a Wall Street Journal report that Exxaro was in talks to buy it.

Amsa raises steel prices

2011-11-07 17:56

ArcelorMittal SA has increased steel prices by up to 8% for certain products from 1 November.

BHP lifts iron ore output

2011-10-19 08:41

Global mining giant BHP Billiton has reported a strong quarterly increase in its iron ore and petroleum production, but said copper output slumped.

Sylvania Platinum to sell SA assets

2011-07-08 09:31

Sylvania Platinum says it will dispose off its iron ore assets in the Bushveld Complex in South Africa to focus on expansion and meet production targets.

 

NUM members march over Rio Tinto miners

2014-02-06 16:34

About 200 NUM members have marched to the Mining Indaba in Cape Town to protest against the alleged ill-treatment of Rio Tinto miners in other countries.

Big rush for Africa resources

2013-11-26 13:38

Appetite for African resources could be turning as firms rush to place their tender to build a 500 kilometer rail line across Cameroon to haul iron ore.

Small miners face major headache

2013-07-22 09:35

Opportunities to develop small iron mines are fast disappearing, as cash dries up and miners are unable to compete with the sector's heavyweights.

Coal, iron ore exports rise - Transnet

2013-06-27 12:02

State-run logistics group Transnet says it has moved slightly more coal and iron ore for export during its latest financial year.

Anglo recovers from damaging strikes

2013-04-19 09:58

Production of miner Anglo American's key commodities has edged higher in the first three months of the year, with iron ore rebounding from the strike at Kumba.

Exxaro to mine iron ore in Congo

2013-04-11 08:04

Exxaro Resources expects to start mining iron ore in the Republic of Congo this year, with an eye to producing up to 11 million tons a year, the miner says.

African Rainbow Minerals profit falls

2013-02-26 08:19

Diversified miner African Rainbow Minerals says its first-half earnings has dropped by a third, hurt by a fall in iron ore prices and by rising costs.

Arcelor misses iron ore stake in Guinea

2012-12-19 19:40

Newcomer B&A Mineração beat rivals including ArcelorMittal for a stake in one of the largest iron ore deposits in Guinea, according to a source.

SA nears iron ore, steel export tax

2012-12-06 13:01

Cabinet has endorsed a report recommending the introduction of export taxes on iron ore and steel, to push producers to sell more of their products domestically.

Moisture issues hampering ArcelorMittal

2012-11-07 15:08

Heavy rains and high moisture are hampering ArcelorMittal’s efforts to ship iron ore out of Liberia, says a company official.

Brazil big blow for Anglo

2012-07-29 13:43

The Minas Rio iron ore project in Brazil has been postponed a thurd time for another year, a move that could now cost Anglo an estimated $14bn.

Anglo lifts iron ore, copper output

2012-07-20 09:09

Anglo American has posted a rise in second-quarter output for its key commodities, with iron ore and copper boosted by production ramp-ups at its flagship mines.

Amsa boosts first-quarter profit

2012-05-10 09:03

ArcelorMittal SA has reported a rise in first-quarter profit, but warns that a drop in domestic demand, lower steel prices and higher costs would hit the second quarter.

Transnet to boost port rail capacity

2012-04-10 10:54

State-owned logistics group Transnet plans to increase its capacity to haul iron ore from mines to ports by 56% over the next seven years, says CEO Brian Molefe.

Anglo seeks iron ore mine acquisitions

2012-03-20 11:25

Anglo American says it is looking for iron ore mines in the rest of Africa and Australia to expand its involvement in the sector.

Rio Tinto pumps $3.4bn into Pilbara

2012-02-08 08:12

Miner Rio Tinto says it will pump a further $3.4bn into expanding iron ore operations in the Pilbara region of Western Australia to meet strong demand from Asia.

Anglo boasts rise in copper, iron ore output

2012-01-26 10:12

Anglo American says copper production was 10% higher in the fourth quarter and an increase in iron ore production was helped by its Kolomela mine in SA.

Higher iron ore prices boost Kumba Heps

2012-01-16 15:59

Kumba Iron Ore says it expects full-year headline earnings per share to rise to between R51.40 and R55.80

Amsa plant resumes production

2012-01-13 17:14

ArcelorMittal SA says it has started full production at its Newcastle plant that was hit by a furnace failure last year.

ArcelorMittal to cut Czech staff

2011-12-02 10:58

The world's top steelmaker ArcelorMittal is to lay off workers in the Czech Republic due to weak demand.

ArcelorMittal may close Polish furnace

2011-10-21 15:11

Weaker steel demand in Europe may prompt the temporary closure of ArcelorMittal's blast furnace in Poland.

Exxaro to exit Zincor refinery

2011-10-10 15:58

Exxaro says it will cease operations at its unprofitable Zincor refinery at the end of December, after it failed to sell the plant.

 
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