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Ferrous Metals
 
IRON-ORE

Northland halts operations after creditors block bank accounts

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Scandinavia-focused iron-ore project developer Northland Resources on Friday stopped all its operations after its financing problems were not resolved and its creditors moved to block its bank accounts. “As a consequence Northland lacks the...
By: Henry Lazenby
24th May 2013
 
 
CHROME

Lanxess strike ends as company agrees to performance bonus

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German speciality chemicals group Lanxess has reached an agreement with employees at its chrome mine in Rustenburg, ending a week of industrial action. According to the terms of an initial agreement with the National Union of Mineworkers (NUM) and...
By: Natalie Greve
24th May 2013
 
 
PORT INFRASTRUCTURE

Centrex welcomes govt backing

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The South Australian government has given Major Project status to iron-ore developer Centrex Metals’ Stage 2 development of its Port Spencer. In December last year, the A$250-million Port Spencer project was approved by the state government....
By: Esmarie Swanepoel
24th May 2013
 
 
Ferrous Metals

Improved production in first quarter due to furnace performance

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Resource company Merafe Resources improved its ferrochrome production in the first quarter of 2013 by 3% over the comparative 2012 period on the back on enhanced overall furnace performance, realising attributable production of 67 000 t. The...
By: Natalie Greve
24th May 2013
 
 
BENEFICIATION

Side-stream beneficiation needs more recognition

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CoM senior executive Roger Baxter Side-stream beneficiation required more recognition in South Africa, with much of the focus having been on defining downstream beneficiation, Chamber of Mines (CoM) senior executive Roger Baxter said on Wednesday. “Little attention has been...
By: Idéle Esterhuizen
23rd May 2013
 
 
LEGISLATIVE ENVIRONMENT

Motlatsi proposes new migrant labour deal Video Available

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Mining union pioneer Dr James Motlatsi Mining union pioneer Dr James Motlatsi on Thursday proposed a new deal for South Africa's migrant mine workers. Speaking to Mining Weekly Online in a video interview, the founding president of the National Union of Mineworkers called on the...
By: Martin Creamer
23rd May 2013
 
 
IRON-ORE

SAFM secures $15m funding for Ponto Verde

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Iron-ore developer South American Ferro Metals (SAFM) has secured a $15-million loan facility from Deutsche Bank to complete its bankable feasibility study on the Ponto Verde project, in Brazil. As part of the two-year facility, SAFM has agreed...
By: Esmarie Swanepoel
23rd May 2013
 
 
MANGANESE

UMK ‘comes of age’ as it opens final infrastructure Video Available

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UMK chairperson Lazarus Mbethe United Manganese of Kalahari (UMK) had “come of age” as it unveiled its now fully operational manganese mine, near Hotazel, less than 10 years after the formation of its joint venture (JV). The R1.2-billion mine, developed by a 49:51 JV...
By: Natasha Odendaal
22nd May 2013
 
 
 
 
 
 
 
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