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Oshivela decarbonised iron plant, Namibia
8th December 2023 By: Sheila Barradas

The project involves the construction of Africa’s first decarbonised iron plant. 


The Mogalakwena PGMs mine
Anglo American preps sweeping cost cuts as price rout bites – sources
7th December 2023 By: Reuters

Anglo American is preparing to freeze spending on growth and widen job cuts in South Africa, going far beyond its initial savings target and paving the way to mothballing some higher-cost platinum... 


Australia's Liontown in talks with US Defence Dept on tantalum supply
7th December 2023 By: Reuters

Miner Liontown Resources is speaking with the United States Department of Defense about supplying tantalum from its Australian operations if the US passes a new regulation by year end as expected,... 


Vandita Pant
Major reshuffle of BHP’s top executives
7th December 2023 By: Mariaan Webb

Diversified mining major BHP on Thursday unveiled a major reshuffling of its top executives, assembling a team with the “right mix of skills and experience” to deliver its strategy and pursue its... 


Critical Mineral Resources acquires new permits in Morocco
6th December 2023 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources (CMR) has been granted four new exploration permits in the Rabat and Beni-Mellal regions in Morocco.  The three new permits, covering an area of about 80 km2,... 


Simandou stands out as the world’s biggest untapped high-grade iron-ore deposit, and if approved, promises to be the most extensive greenfield integrated mine and infrastructure investment across the African continent.
Rio Tinto investing $10bn/y in capex, spotlight on Simandou
6th December 2023 By: Mariaan Webb

Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its... 


Vale offers iron-ore price support with steady output plan
Vale offers iron-ore price support with steady output plan
6th December 2023 By: Reuters

Brazilian iron-ore giant Vale plans to keep its production of the steelmaking ingredient steady next year, potentially offering some support to the recent price rally. The world’s second-largest... 


Rio Tinto brings forward Simandou iron-ore production to 2025
Rio Tinto brings forward Simandou iron-ore production to 2025
6th December 2023 By: Reuters

Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail... 


Mining giant Vale says China can't control price of iron-ore
Mining giant Vale says China can't control price of iron-ore
5th December 2023 By: Bloomberg

China may be the world’s biggest buyer of iron ore, but even that powerful position doesn’t mean that Beijing can succeed in dictating prices for the steelmaking ingredient, said the head of No. 2... 


Rhodes Ridge has 100Mt/y hub potential, says Rio Tinto
Rhodes Ridge has 100Mt/y hub potential, says Rio Tinto
5th December 2023 By: Creamer Media Reporter

The Rhodes Ridge project, considered to be one of the world’s best undeveloped iron-ore deposits, is progressing to a prefeasibility study (PFS), with Rio Tinto approving A$110-million to advance... 


China's economic growth is forecast to slow to 4.7% in 2024, compared with 5.2% this year.
BMI unpacks key mining, metal trends forecast for 2024
4th December 2023 By: Marleny Arnoldi

Research agency BMI expects only a slight improvement to mineral and metals prices next year owing to continued weak demand in mainland China and overall global growth deceleration. Global growth... 


Sishen mine team with Kathu Councillor Henriette Du Plessis at newly upgraded road
Miner Kumba resurfaces road in Kathu-Gamagara
30th November 2023 By: Darren Parker

As part of its social labour plan commitments, iron-ore mining company Kumba Iron Ore’s Sishen mine has undertaken a road resurfacing project, upgrading three major roads in the Kathu-Gamagara... 


Saudi Arabia studies graphite, rare earths trading platform - minister
30th November 2023 By: Reuters

Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, including graphite and rare earths, its vice minister of industry and mineral resources... 


Champion Iron bolsters liquidity for growth opportunities
30th November 2023 By: Mariaan Webb

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support... 


Exxaro widens critical metals search to greenfield assets
29th November 2023 By: Reuters

Exxaro Resources is expanding its search for critical mineral assets to greenfield projects, the miner said on Wednesday, as it pursues its strategy to diversify away from coal. Exxaro, one of... 


Exxaro's Grootegeluk operation
Exxaro expects lower full-year volumes, but stable demand
29th November 2023 By: Marleny Arnoldi

Diversified mining and renewable energy group Exxaro Resources says seaborne thermal coal prices have remained under pressure for most of the year, owing to weak demand in Europe and Northeast... 


Iron-ore poised to hit $150 in 2024 on Chinese stimulus, analysts say
Iron-ore poised to hit $150 in 2024 on Chinese stimulus, analysts say
29th November 2023 By: Reuters

Seaborne iron-ore prices are set to climb to as much as $150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China... 


ArcelorMittal South Africa CEO Kobus Verster
ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
28th November 2023 By: Terence Creamer

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 


Tanzania plans new $5.6bn rail line to iron-ore, coal-rich area
28th November 2023 By: Bloomberg

Tanzania is seeking $5.6-billion for a new railway in the south linking the Indian Ocean to Lake Nyasa and traversing regions rich in iron-ore, coal and graphite. The East African nation is looking... 


The Newcastle Works
3 500 jobs at risk as ArcelorMittal mulls closure of longs units at Newcastle, Vereeniging
28th November 2023 By: Terence Creamer

Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and... 


Iron-ore falls as China warns of more supervision to curb prices
Iron-ore falls as China warns of more supervision to curb prices
27th November 2023 By: Bloomberg

Iron-ore declined after its longest streak of weekly gains since January, hit by Beijing’s latest warnings about increased market supervision as its seeks to curb price rises. The steelmaking... 


IGO backs incoming CEO Vella after Rio Tinto exit
IGO backs incoming CEO Vella after Rio Tinto exit
27th November 2023 By: Reuters

Australia's IGO has confirmed that Ivan Vella will head the battery minerals producer this month after he was fired from Rio Tinto last month for a breach of protocol in handling confidential... 


NextSource appoints interim COO
27th November 2023 By: Creamer Media Reporter

Battery metals development company NextSource Materials, which is developing the Molo graphite project, in Madagascar, has appointed Johnny Velloza as interim COO as successor to Robin Borley, who... 


An image showing the Harry Oppenheimer House building
De Beers donates building to Sol Plaatje University in Kimberley
24th November 2023 By: Tasneem Bulbulia

Diamond producer De Beers Group will donate the Harry Oppenheimer House (HOH) building, in Kimberley, to the Sol Plaatje University following the January relocation of De Beers’ Sightholder Sales... 


BMI raises 2024 iron-ore price forecast, but long-term decline persists
24th November 2023 By: Tasneem Bulbulia

Fitch Solutions unit BMI has raised its 2024 iron-ore price forecast to a yearly average of $120/t from $100/t previously, as price resilience continues on the back of positive sentiment over... 


Iron-ore eyes fifth weekly gain despite China intervention
24th November 2023 By: Reuters

Iron-ore futures erased earlier losses and are set for their fifth weekly gain on Friday as property support-led optimism in top consumer China outweighed headwinds from the latest intervention... 


MinRes picks up iron-ore rights near Carina mine
MinRes picks up iron-ore rights near Carina mine
24th November 2023 By: Mariaan Webb

Diversified mining company Mineral Resources (MinRes) is buying more rights near its Carina iron-ore mine in the Yilgarn Hub of Western Australia’s Goldfields, fellow ASX-listed Aurumin reported on... 


The EU flag
Opinion: R47bn of South Africa's exports exposed to EU CBAM as EU climate wave reaches South Africa’s shores
24th November 2023

In this opinion article, sustainability consultant Rhys Newton-Hill and Brundtland Consulting partner Henk Sa provide an in-depth analysis of the potential impact of the European Union's (EU's)... 


Union withdraws industrial action at BHP's Pilbara iron-ore operations
Union withdraws industrial action at BHP's Pilbara iron-ore operations
24th November 2023 By: Reuters

A union representing train drivers at BHP's BHP.AX Pilbara iron ore operations in Western Australia has withdrawn industrial action ahead of an updated employment offer from the mining giant, a... 


China to tighten oversight on iron-ore market after price rally
23rd November 2023 By: Reuters

China's state planner said on Thursday that it would closely monitor changes in the iron-ore market and further tighten supervision of spot and futures trading in its latest effort to curb a rally... 


Access to talent is becoming an increasing challenge in Australia.
Australia's potential share of critical minerals investments worth A$20bn/y, report shows
22nd November 2023 By: Mariaan Webb

To meet the temperature targets of the Paris Agreement necessitates not only the rapid and widespread deployment of clean energy technologies, but also a monumental scaling up of mineral... 


Iron-ore soars to nine-month high on China stimulus anticipation
21st November 2023 By: Bloomberg

Iron-ore surged to its highest intraday price since February, with demand optimism growing as more details emerge about China’s latest economic stimulus drive. The steel-making staple rose as much... 


Seifsa president Elias Monage
Seifsa urges dtic not to extend scrap metal ban
21st November 2023 By: Creamer Media Reporter

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says it has noted with concern submissions by other entities to the Department of Trade, Industry and Competition (dtic)... 


Former CEO Elizabeth Gaines received a special remuneration payment of A$1.98-billion.
Fortescue's shareholders vote against remuneration report
21st November 2023 By: Reuters

Australia's Fortescue said shareholders did not approve its annual remuneration report, partly due to special payments to executives last year, in a vote at an annual meeting on Tuesday. The board... 


The Gladstone PEM50 project will use Fortescue's own electrolyser technology.
Fortescue approves $750m in green projects
21st November 2023 By: Mariaan Webb

Australia-based Fortescue Metals has given the green light for $750-million in funding over three years directed towards two green energy projects and a green steel project. This heralds a new... 


Liberia's President-elect Boakai to review mining concessions
20th November 2023 By: Reuters

Liberian President-elect Joseph Boakai, who defeated President George Weah in the November 14 Presidential runoff, says his administration will take a close look at mining concessions to ensure... 


BHP train drivers to start 'restrained' industrial action on Friday
BHP train drivers to start 'restrained' industrial action on Friday
20th November 2023 By: Reuters

Around 400 train drivers for BHP's Western Australian iron ore division will begin industrial action late this week after rejecting an offer that they said fell short on working schedules, a union... 


Anglo American on the lookout for lithium as EV metals demand grows
Anglo American on the lookout for lithium as EV metals demand grows
17th November 2023 By: Reuters

Miner Anglo American is identifying opportunities to secure off-take lithium materials amid increasing demand for battery metals, a company executive said. Lithium is a key metal used in electric... 


EXPORT IMPACT
Challenges have affected South African iron-ore producers over the past two years with lower-than-expected export volumes
Opportunities unlocked through addressing fundamentals
17th November 2023

While it is home to several significant iron-ore producers, amid the opportunities within the African iron-ore industry there are also significant challenges, as all bulk material operations... 


EMERGENCY DRILL
The swift and effective response of emergency services is critical to safeguarding communities
Miner ups community investment
17th November 2023

As part of its several corporate social investment (CSI) initiatives, iron-ore major Kumba Iron Ore's Sishen mine, in South Africa’s Northern Cape province, celebrated Arbor Month by initiating a... 


Pellet production record set
17th November 2023

Brazilian iron-ore miner and pellet producer Samarco Mineração set a monthly production record during August, with 824 829 t of high-grade pellets being produced in a single pelletising line with... 


Mineral Resources set for significant lithium growth - exec
Mineral Resources set for significant lithium growth - exec
16th November 2023 By: Reuters

Diversified miner Mineral Resources expects to double lithium output in Western Australia over the next financial year after lithium buyouts and due to planned expansion at a mine it co-owns with... 


Iron-ore hits $130 for first time since March on China stimulus
15th November 2023 By: Bloomberg

Iron-ore futures in Singapore touched $130 a ton for the first time since March on improving demand for steel in China, which is considering a new wave of stimulus to shore up the struggling... 


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