Vale's Q2 2024 profit soars on higher iron ore sales. Brazilian mining company Vale has reported net income attributable to its shareholders of $2.77bn for Q2 2024, almost tripling its…
What is iron ore? Iron ores are rocks and minerals from which metallic iron can be extracted. There are four main types of iron ore deposit: massive hematite, which is the most commonly mined, magnetite, titanomagnetite, and pisolitic ironstone.
Contaminants that will typically be limited in terms of maximum percentages in iron ore contracts, for example, include silica, alumina, phosphorus and magnesium.
Barrick Gold has awarded Barminco, an underground mining company owned by Perenti, a three-year contract extension to continue contract mining at the Hemlo gold mine in Ontario, Canada. Read More ...
The contracts include extracting and processing iron ore, zinc, gold and lead in four provinces – Logar, Herat, Ghor and Takhar. The seven contracts have been signed with locally based companies with foreign partners in Iran, UK, Turkey and China, Kabul Now reported.
Compañía Minera del Pacífico has awarded the EPCM contract or its Cerro Negro Norte iron ore mining projects to international engineering firm AMEC International engineering and project ...
Afrimat's Contract Crushing and Screening division operates throughout Southern Africa and provides mobile and fixed crushing and screening solutions for the mining, construction, and quarry industry. ... Constructed next to the Afrimat Iron Ore mine in the Northern Cape, Afrimat Mining Services also manages and operates a wagon load out ...
Rio Tinto has awarded contracts to BGC Contracting and Monadelphous Group for work on the West Angelas iron ore mine in the Pilbara region.
It also permitted mining firms to enter into direct contracts to lift excavated iron ore through inter-state sales
Kumba Iron Ore has announced a R1.6 billion mining contract to a black-owned, community-based joint venture at its Kolomela Mine operation in the Northern Cape.
Kumba Iron Ore is pleased to announce the award of an industry first R1.6 billion mining contract to a new black owned and community-based joint venture to mine iron ore at its Kolomela Mine in the Northern Cape.
The world's biggest mining project, a $20bn iron ore, rail and port development in a remote corner of west Africa, is expected to start this year after a 27-year wait beset by …
Iron ore is regarded as the second most important commodity behind oil. As an essential input for the production of crude steel, iron ore feeds the world's largest trillion-dollar-a-year metal market and is the backbone of global infrastructure.
As a wholly owned subsidiary of Iron Mine Services, Iron Mine Contracting enjoys the benefits of and is able to offer a Management System fully accredited to AS/NZS 4801:2001, ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015.
Unions representing tens of thousands of workers in Australia's major iron ore hub are preparing to negotiate potential wage rises.
World number two miner Rio Tinto is exiting the world's largest mining project, by selling its stake in Guinea's Simandou iron ore to partner Chinalco, potentially opening up a new path to ...
Monadelphous Group has been awarded new construction contracts in the iron ore and renewable energy sectors, generating approximately $340 million in …
Lawmakers in Guinea approved on Saturday a joint development deal for its giant Simandou iron ore project involving the junta-led government, Rio Tinto, and Winning Consortium Simandou, the ...
Tacora Resources is an innovative iron ore mining and mineral processing company focused on the acquisition, development, and operation of iron ore reserves and assets which allow for the sale of …
Overview. The mining sector offers significant opportunities and a solid legal framework for investment. Bauxite, iron ore, gold, and diamond mining represent key markets for Guinea and are relatively well developed, with tens of companies actively producing and exporting minerals.
These developments could depress iron ore demand. Iron Ore Mining Costs. Iron ore occurs in rocks that have to be extracted and refined. Mining is an energy-intensive activity that uses large amounts of oil and electricity. The cost of these and other inputs can influence the price of the commodity. Should I Trade Iron Ore?
Mining a leading industrial sector in Tanzania with the value of mineral exports constantly increasing for the past several years. The sector is comprised of both small- and large-scale operations. Mining in Tanzania incudes metals (gold, iron ore, nickel, copper, cobalt, silver), industrial minerals (diamonds, tanzanite, ruby, garnet ...
Clearly articulate the mutual benefits of local procurement and our standards and requirements of suppliers. Ensure that our payment terms accommodate SMMEs' …
The most-traded May iron ore futures contract on the Dalian Commodity Exchange ended daytime trading 2.04% lower at 890.5 yuan($129.27) a tonne, the lowest since March 29 following a near 5% jump ...
The Kolomela mine is located 22km from Postmasburg in the Northern Cape province of South Africa. The mine produces direct shipping iron ore.
Longer-term contracts provide the mine with a steady and reliable stream of revenue and can be important for obtaining financing in the early stages of a mine's life. Short-term and spot contracts allow mines to attract new customers, experiment with new products or product mixes, and take advantage of attractive short-term price increases.
Kumba Iron Ore recently announced the awarding of a R1.6bn mining contract to a new Black-owned and community-based joint venture to mine iron ore at its Kolomela Mine in the Northern Cape.
Unions representing tens of thousands of workers in Australia's major iron ore hub are preparing to negotiate potential wage rises.
Fortescue Metals Group Ltd, through its incorporated joint venture company Ivindo Iron SA has today signed the Mining Convention for the Belinga Iron Ore Project in Gabon with the Gabonese Republic.
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