iron ore

 
ArcelorMittal to keep its head above water by cutting more jobs
ArcelorMittal to keep its head above water by cutting more jobs
Steel giant Arcelor-Mittal reported that steel consumption decreased by 2% in the first half of 2019 and is now at 70% of the steel consumption of...
Iron ore takes Kathu from boom to bust in five years
Iron ore takes Kathu from boom to bust in five years
Hematite iron ore derives its name from haima, the Greek word for blood. And it’s the unearthing of this rock at Kumba’s massive open-pit...
Australia takes issue with low iron ore price
Australia takes issue with low iron ore price
It's the end of the commodities supercycle and iron ore, like many other resources, has bottomed out. Globally, the metal is in oversupply and...
Bitter irony for ore producers
Bitter irony for ore producers
The Chinese government has put its iron ore producers on life support as global oversupply continues to see the metal lose value. Now the pressure...
China set to introduce iron ore subsidy
China set to introduce iron ore subsidy
China may introduce a nationwide subsidy for local iron ore producers amid slumping prices, according to the official Shanghai Securities...
Sierra Leone forced to rethink its future
Sierra Leone forced to rethink its future
As Sierra Leone rebuilds itself after the Ebola epidemic, it may be forced to move from a mining-heavy economic base. Falling iron ore prices and...
Commodity markets limp into 2015
Commodity markets limp into 2015
A freefall in commodity prices has come to a head at the end of 2014 as crude oil, iron ore and coal prices, among others, took a significant tumble...
'SA spooks fixed Guinea poll'
'SA spooks fixed Guinea poll'
Claims festering for two years that South African business and ­intelligence interests rigged elections in Guinea have burst into the open in a New...
Falling orders crush iron ore share price
Falling orders crush iron ore share price
Goldman Sachs is calling it the end of the iron age, and indeed analysts believe the share price of JSE-listed companies, with income that is...
African Rainbow profit rises despite iron ore slump
African Rainbow profit rises despite iron ore slump
African Rainbow Minerals, the mining company controlled by billionaire Patrice Motsepe, said full-year profit rose 10% after a weaker rand countered...
BHP spinoff company to include SA aluminum and manganese units
BHP spinoff company to include SA aluminum and manganese units
BHP Billiton, the world's biggest mining company, plans a spinoff of a company which will include assets from aluminum smelters to South African...
Goldman Sachs predicts at least 15% losses for gold and iron ore in 2014
Goldman Sachs predicts at least 15% losses for gold and iron ore in 2014
Gold, iron ore, soybean and copper prices will probably fall by at least 15% next year as commodities face increased downside risks even as...

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