Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by two percent year on year to 11.5 ...
Tags: UK, Iron Ore, Metallurgy, Mineral
Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...
Tags: Iron Ore, Coal Output
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by 10 percent year on year to 11.3 ...
Tags: Iron Ore, mining giant
South Africa-based Kumba Iron Ore has announced that it expects its full-year earnings for 2013 to increase by 20 percent compared to the previous year, supported by an increase in export iron ore prices and a weaker exchange rate, ...
Tags: Iron Ore, Metallurgy, Mineral
According to South Africa-based Kumba Iron Ore, subsidiary of Anglo American, South Africa's constitutional court has ruled that only Kumba Iron Ore can apply for the remaining 21.4 percent mining right in Sishen iron ore mine. Kumba, ...
Tags: Iron Ore, Metallurgy, Mineral
ArcelorMittal announces today that its 51% subsidiary, ArcelorMittal South Africa, has reached an agreement with Sishen Iron Ore Company Ltd (SIOC), a subsidiary of Kumba, relating to the long-term supply of iron ore. The agreement, which ...
Tags: ArcelorMittal, Iron Ore
ArcelorMittal South Africa has announced that it has signed a new iron ore supply agreement with Kumba Iron Ore which will regulate the sale of up to 6.25 million mt per year of iron ore by Sishen Iron Ore Company (SIOC) to ArcelorMittal ...
Tags: Iron Ore, Metallurgy, Mineral
UK-based mining giant Anglo American Corporation has announced its production results for the third quarter of the current calendar year. In the third quarter, the iron ore production from Kumba Iron Ore decreased by 24 percent year on ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
ArcelorMittal South Africa has announced that the company is in talks to discuss a new supply agreement for iron ore from Anglo American subsidiary Kumba Iron Ore's Sishen and Thabazimbi mines, to ensure long-term stability and security of ...
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter ended on March 31, 2013. In the first quarter, the iron ore production from Kumba Iron Ore increased by two percent year on year ...
ArcelorMittal South Africa, a local unit of global steelmaking giant ArcelorMittal, and South Africa's largest iron ore producer Kumba Iron Ore have indicated that they plan to start arbitration over iron ore deliveries by the last quarter ...
Tags: Arcelormittal, Kumba, Ore Deliveries
UK-based mining giant Anglo American has issued its financial results for the full year 2012, reporting a net loss amounting to $1.5 billion, compared to a net profit of $6.17 billion in the previous year. Revenues for the period decreased ...
Tags: Anglo American, mining giant, Metallurgy
UK-based mining giant Anglo American Corporation has announced its production results for the fourth quarter ended on December 31, 2012. In the given quarter, the iron ore production from Kumba Iron Ore decreased by 19 percent year on ...
Tags: mine iron ore output, mining giant, Iron Ore
Kumba appoints new CFO Kumba Iron Ore Limited today announces the appointment of Frikkie Kotzee as Chief Financial Officer,effective 1 June 2012.Frikkie,who is currently the Group Financial Director of African Oxygen Limited,replaces ...