iron ore supply pgm minning

Iron ore, PGMs see ARM power ahead, doubling interim ...

03/03/2021  STRONG iron ore and platinum group metal (PGM) prices resulted in record interim headline earnings and a doubling in the dividend year-on-year for African Rainbow Minerals (ARM), the diversified South African mining group.. It announced a

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Iron ore, PGMs see ARM power ahead, doubling interim ...

03/03/2021  Schmidt added that mining “overlying Merensky” ore was a possibility as all metals in the PGM suite were likely to see extended supply deficits.There was little new information, however, on ...

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Kumba lowers 2020 output guidance in further evidence of ...

04/12/2020  KUMBA Iron Ore would produce about 37 million tons (Mt) of iron ore in its 2020 financial year which closes end-December, the company said today. The number is at the lower end of expectations after previously guiding to production iron ore put of 37Mt to 39Mt and provided further evidence of slippages in global supply.

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Kumba approves R3.6bn life extension project pushing ...

23/02/2021  KUMBA Iron Ore today said it had approved the R3.6bn extension of its flagship Sishen mine in South Africa’s Northern Cape province.. The company, which is 70% owned by Anglo American, will take Sishen production out to about 2039 – an increase in mine life of up to six years – through ultra-high dense medium separation (UHDMS) technology.

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SA loses amid iron ore brinkmanship - Miningmx

18/07/2010  Following the lapse, Kumba agreed to continue the supply of iron ore to Amsa on a cost-plus 3% basis – an agreement that dated back to the days when the iron ore assets in SIOC were part of Amsa’s predecessor, Iscor Mining – with the difference between the cost-plus price and the market related price payable into an escrow account.

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Iron ore, PGMs see ARM power ahead, doubling interim ...

03/03/2021  Schmidt added that mining “overlying Merensky” ore was a possibility as all metals in the PGM suite were likely to see extended supply deficits.There was little new information, however, on ...

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Mining update: Mining production declined by a marked -11 ...

Mining update: Mining production declined by a marked -11.6% y/y, underpinned largely by a fall in iron ore and PGM output Tuesday 19 January 2021 Source: Stats SA, Investec Mining production contracted by a marked -11.6% y/y in November, following October’s -5.9% y/y (revised) decline and was notably weaker then Bloomberg’s consensus estimate of -5.0% y/y. The sharp fall was broad based ...

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Stake in huge iron ore mine in Guinea may cut China’s ...

03/04/2021  The huge project, which holds an estimated 2.4 billion tonnes of iron ore graded at over 65.5 per cent, could diversify China’s supply chain but

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4 Mining Stocks to Keep an Eye on as Iron Ore Prices Surge

18/12/2020  In tandem with the rising iron-ore price, the Zacks Mining – Iron industry has gained 28.3% so far this year, outperforming the SP 500 and the

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Kumba lowers 2020 output guidance in further evidence of ...

04/12/2020  KUMBA Iron Ore would produce about 37 million tons (Mt) of iron ore in its 2020 financial year which closes end-December, the company said today. The number is at the lower end of expectations after previously guiding to production iron ore put of 37Mt to 39Mt and provided further evidence of slippages in global supply.

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Metal ore mining in Europe - Mineral Processing

The ore body in Kiruna is a massive block of high-grade magnetite ore, 4 km long, 80 m wide and extending over a depth of 2 km. Fig. 5 shows the proven existing reserves of iron ore at the 4 LKAB mines, as well as the iron grades of the ores in the reserves. The resources [3] are actually much larger, so that ore mining will be possible for several decades in Sweden if appropriate economic ...

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Supply squeeze in iron ore catches miners on the hop ...

For mining executives, the big unknown in the iron ore market is not supply — which they expect to pick up in the second half of the year when there are typically fewer weather-related incidents ...

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How the Iron Ore Market Works (VALE, RIO)

24/01/2020  Iron ore is an essential component for the global iron and steel industries. Almost 98% of mined iron ore is used in steel making. About 50 countries mine iron ore, with Australia and Brazil ...

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Iron Ore News - Iron Ore Mining, Investment, Price News ...

Iron Ore mining, investment and price news from MINING. The latest news on iron ore mines and properties, mining companies and iron ore prices.

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Guinea set to supply iron ore from 2026 Hellenic ...

To analyse the impact of iron ore mine development in Guinea on dry bulk vessels, we have made two assumptions. First, all of Guinea’s iron ore supply will be shipped to China. Second, Guinea ...

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Mining update: Mining production declined by a marked -11 ...

Mining update: Mining production declined by a marked -11.6% y/y, underpinned largely by a fall in iron ore and PGM output Tuesday 19 January 2021 Source: Stats SA, Investec Mining production contracted by a marked -11.6% y/y in November, following October’s -5.9% y/y (revised) decline and was notably weaker then Bloomberg’s consensus estimate of -5.0% y/y. The sharp fall was broad based ...

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THE PRIMARY PRODUCTION OF PLATINUM GROUP METALS

40 tonnes of ore to produce one ounce (31.1035g) of platinum.2 Most of the PGM mines in South Africa operate at a depth below 500 metres and up to 2 kilometres. Their orebodies are tabular and narrow, varying in width between 0.9 metres and 2.1 metres and requiring labour-intensive mining techniques. PGM ore is drilled and broken with explosives

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4 Mining Stocks to Keep an Eye on as Iron Ore Prices Surge

18/12/2020  In tandem with the rising iron-ore price, the Zacks Mining – Iron industry has gained 28.3% so far this year, outperforming the SP 500 and the

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Metal ore mining in Europe - Mineral Processing

The ore body in Kiruna is a massive block of high-grade magnetite ore, 4 km long, 80 m wide and extending over a depth of 2 km. Fig. 5 shows the proven existing reserves of iron ore at the 4 LKAB mines, as well as the iron grades of the ores in the reserves. The resources [3] are actually much larger, so that ore mining will be possible for several decades in Sweden if appropriate economic ...

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Supply squeeze in iron ore catches miners on the hop ...

For mining executives, the big unknown in the iron ore market is not supply — which they expect to pick up in the second half of the year when there are typically fewer weather-related incidents ...

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Tight supply and demand of iron ore to ... - Australian

The likelihood of a West African supply of iron ore coming online may result in higher-cost, lower value-in-use iron ore asset in Australia or Brazil. “This implies that it will be even more ...

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Mining industry of Russia - Wikipedia

Iron ore output was expected to be in the range of 100 to 105 Mt/yr by 2010. A further limited increase in iron ore production was projected to the year 2020 without a significant expansion of the resource base. The resource base for iron ore was not considered very attractive for investment because of the low grade of the ores, technological problems related to mining and processing the ores ...

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Iron Ore News - Iron Ore Mining, Investment, Price News ...

Iron Ore mining, investment and price news from MINING. The latest news on iron ore mines and properties, mining companies and iron ore prices.

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Guinea set to supply iron ore from 2026 Hellenic ...

To analyse the impact of iron ore mine development in Guinea on dry bulk vessels, we have made two assumptions. First, all of Guinea’s iron ore supply will be shipped to China. Second, Guinea ...

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Australia’s iron ore miners exploit supply gap as Covid

Australia’s iron ore miners exploit supply gap as Covid-19 hobbles rivals . Technology and policy help BHP, Rio Tinto and FMG capitalise on buoyant Chinese demand. The mining groups’ ability ...

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