ArcelorMittal may get R8.5bn IDC bid for South Africa unit
South Africa’s top development finance institution is working with financial advisers on a possible bid of about R8.5-billion for control of ArcelorMittal’s business in the country |
MinRes completes Onslow haul road upgrades
Iron-ore producer Mineral Resources (MinRes) has wrapped up upgrades to its Onslow Iron private haul road in Western Australia |
Genmin, Sinohydro progressing Gabon project
ASX-listed Genmin has achieved further progress in its collaboration with Sinohydro Corporation, a majority owned subsidiary of Chinese State-owned integrated engineering and construction conglomerate |
BHP invests in increasing ore transshipment capacity in Port Hedland
Australian mining company BHP has approved the modernization of infrastructure in Port Hedland, Western Australia, according to Mining Magazine. |
The world's biggest iron-ore windfall is fading for Australia
“It’s a very significant risk that sits across the Pilbara,” |
Higher Kumba iron-ore exports reflect benefit of public-private logistics collaboration
In addition, because of the premium quality of South Africa’s iron-ore, Kumba managed to achieve a price 8% higher than the benchmark, despite the market environment being disrupted by US-induced tariff talk. |
Champion Iron strikes $245m deal with Nippon Steel, Sojitz for Canada project
Iron-ore mining company Champion Iron has formalised a strategic partnership with Japan’s Nippon Steel and trading house Sojitz |
South Africa's mine ouptut rose 0.2% y/y in May
South Africa's mining production increased by 0.2% year-on-year in May, with iron-ore having made the largest positive contribution and manganese ore and coal the largest negative contributions. |
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