Iron Ore
latest news & developmentsEskom still backbone of economic recovery
Reliable and affordable energy, with predictable tariffs, is indispensable. Even so, it is significant that Eskom’s leadership recognises the central role it plays: without this…
Stilfontein miners have human rights just like you, Minister Ntshavheni
Marikana was a precursor to Stifontein and show the lengths to which the state would go to punish people in protection of corporate interests, particularly in the mining industry
Load-shedding hits mining output
Mining production falls for the 10th consecutive month.
ArcelorMittal to keep its head above water by cutting more jobs
After announcing weak financial results for the first half of 2019, the steel manufacturer is planning to cut more jobs to be able to operate
Iron ore takes Kathu from boom to bust in five years
The fickle nature of commodities is shown starkly in the Northern Cape town of Kathu, whose fortunes rise and fall with the iron ore price.
Australia takes issue with low iron ore price
Support is growing in Australia for a parliamentary investigation into oversupply of the metal as prices continue to fall.
Bitter irony for ore producers
Chinese government subsidies will keep alive mines that should have been shut down.
China set to introduce iron ore subsidy
The introduction of a subsidy by the world’s largest steelmaker may further hurt prices that fell to a 10-year low last week.
Sierra Leone forced to rethink its future
The Ebola epidemic and falling commodity prices have signalled a need for economic change in the West African country.
Commodity markets limp into 2015
Resource prices have plummeted this year, leaving some economies reeling in the aftermath.
Falling orders crush iron ore share price
A decrease in demand and increase in supply has left smaller enterprises feeling the squeeze.
‘SA spooks fixed Guinea poll’
Top politicians and businesspeople have been cited in a US court case over disputed mining rights in Guinea.
African Rainbow profit rises despite iron ore slump
A weaker rand has help profits at Patrice Motsepe’s mining company rise despite a fall in iron ore prices.
BHP spinoff company to include SA aluminum and manganese units
Resources giant BHP Billiton plans a demerger in order to streamline and simplify its operations and South African assets are on the chopping block.
Goldman Sachs predicts at least 15% losses for gold and iron ore in 2014
Commodities will face increased risks despite the expectation that economic growth in the US will increase, says Goldman.