ASX-listed Havilah Resources has inked a confidential non-binding memorandum of understanding (MoU) with Port Augusta Operations for the use of an iron-ore port and transshipment facility.
Port Augusta Operations holds a 99-year lease over the former …
Havilah finds possible port solution Read More »
Brazilian mining company Vale said on Thursday it has begun preparations for a potential fuel leak from the damaged iron-ore carrier MV Stellar Banner, which is stranded off the Brazilian northern coast.
Vale said in a statement it requested that oil …
Vale preparing for potential fuel leak from damaged ore carrier Read More »
Brazilian miner Vale said on Wednesday the bow of the iron ore ship "MV Stellar Banner" was damaged after leaving a port in the northern Brazilian state of Maranhao on Monday.
Vale said in a statement that the ship, which is 100 km off the Bra…
Vale says iron-ore ship was damaged Read More »
An in-depth internal report examining the causes of Vale SA’s deadly Brumadinho tailings dam disaster last year contained "no new facts, nor surprises," the company’s general counsel said on Friday.
Late on Thursday, Vale released the report, …
Vale says ‘no new facts’ in internal report on deadly dam disaster Read More »
Junior miner Mount Gibson Iron has reported higher revenues for the first half of 2020, on the back of increased iron-ore production. Mount Gibson on Wednesday reported that iron-ore sales for the six months to December had reached 2.8-million tonnes, …
Mt Gibson’s revenue soars Read More »
Iron-ore major Fortescue Metals has reported record half year revenues during the six months ending December, after iron-ore shipments increased by 7% on the previous corresponding period.
Iron-ore shipments in the first half of the 2020 financial yea…
Fortescue’s new mix and higher prices pay off Read More »
Beijing-headquartered diversified group Tunghsu has signed a letter of intent to acquire a 26% to 38% interest in the Kami Mine Limited Partnership (Kami LP) from Alderon Iron Ore for between $15-million and $23-million, the TSX-listed iron-ore company…
Alderon adds second Chinese partner to Kami mine Read More »
Indian State-run miner NMDC, the country’s largest iron ore producer, has firmed up capital investments of $324-million to increase production by 50% to 48-million tons a year by the end of 2020/21.
The State miner is committing higher capital expend…
India’s NMDC firms up capex to lift production by 50% Read More »
Indian State-run miner NMDC, the country’s largest iron-ore producer, has firmed up capital investments of $324-million to increase production by 50% to 48-million tons a year by the end of 2020/21. The State miner is committing higher capital expendit…
India’s NMDC firms up capex to lift production by 50% Read More »
JSE-listed miner Kumba Iron Ore delivered a payout ratio of 92% of headline earnings per share (HEPS) for the year ended December 31, exceeding its 50% to 75% dividend payout policy.
The company declared a final cash dividend of R15.99 apiece, which,…
Kumba pays out 92% of HEPS to shareholders as iron-ore prices lift earnings Read More »
