Sentences with phrase «ore project»

What heâ $ ™ s doing now: Heâ $ ™ s buying into AmeriCredit, a U.S. auto finance firm, and pouring money into an Australian iron ore project as well as into a company developing synthetic hemoglobin.
Rio Tinto is accelerating the development of the Simandou iron ore project in Guinea with the approval of a further US$ 211 million for continued studies and US$ 1.117 billion of funding for commitments for early works and procurement of long - lead items.
The investment covers US$ 3.7 billion (100 per cent basis US$ 5.2 billion) for expansion of the industry - leading Pilbara iron ore operations in Western Australia and US$ 501 million (100 per cent basis US$ 1.0 billion) for further infrastructure development at the Simandou iron ore project in Guinea.
Rio Tinto and Chinalco's listed subsidiary, Chalco, have completed the formation of their joint venture (JV) to develop and operate the Simandou iron ore project in Guinea, following the completion of all Chinese regulatory approvals.
Gina Rinehart's Roy Hill iron ore project has had a disrupted start to 2018 and has exported less than its full capacity over the past five months.
Ukwazi is working on a project feasibility study for a local iron - ore project, where, for example, the company recommended that the client change the location of the processing plant to save significant capital and operational costs while greatly improving efficiency.
With a huge iron ore project in WA on the verge of collapse, Senator Xenophon has called for an inquiry into the iron ore market.
Africa Rising She notes that Africa is currently a smaller player in the iron - ore industry, but with opportunities, such as Rio Tinto's Simandou iron - ore project, in Guinea, the Faleme iron - ore mine owned by the government of Senegal, and JSE - listed company Tawana Resources» Mofe Creek iron - ore project, in Liberia, the continent's drive to create an impact on the iron - ore industry will be realised in the future.
PORTMAN Limited is on track to boost the capacity of its Koolyanobbing Iron ore project in WA to 3.5 million tonnes per annum in 2001 after completing key infrastructure changes and posting a 65 per cent increase in iron ore sales during the six months to
Construction is officially underway at Gindalbie Metal's $ 1.8 billion Karara iron ore project in the Mid West following an official ground - breaking ceremony held on site this morning attended by Premier Colin Barnett.
Flinders Mines has announced plans to raise $ 14.3 million through a share placement and entitlement offer to fund a bankable feasibility study and further exploration on its Pilbara iron ore project.
A US court ruling concerning the controversial Simandou iron ore project in West Africa is a worry for Rio Tinto, but not WA.
NRW Holdings has accepted a payment of $ 30 million to settle its dispute with Samsung C&T over work on the Roy Hill iron ore project, despite having been awarded $ 35 million through adjudications under the Construction Contracts Act.
One of the state's largest Aboriginal trusts is being forced to further tighten its belt as its royalties from Rio Tinto's Yandi iron ore project continue to fall.
Nextgen Group has signed a deal to supply Hancock Prospecting's Roy Hill iron ore project in the Pilbara with a high - speed data connection.
Welshpool - based contractor MACA has launched a $ 90 million contract with Karara Mining over its Hinge direct shipping ore project in the Midwest region of Western Australia.
Troubled miner Pluton Resources says its major shareholder General Nice Resources has committed to provide extra funding to recommence operations at the Cockatoo Island iron ore project.
Shares in Adelaide - based Flinders Mines plummeted on the stock market today after it announced a $ 6.7 million capital raising to complete a feasibility study on its Pilbara iron ore project.
A new iron ore mine proposed by BHP Billiton, and revisions to conditions placed on Rio Tinto's Marandoo iron ore project near Tom Price, have been recommended for approval by the environmental watchdog.
Decmil Group has won about $ 40 million worth of work at Hancock Prospecting's Roy Hill iron ore project in the Pilbara, building on its portfolio of port, rail and fuel infrastructure work already under way at the site.
Perth - based explorer Centaurus Metals has entered into an exclusive mandate for a $ 6 million working capital facility with RMB Resources» Australian subsidiary to fund development of its Candonga iron ore project in Brazil.
An uncertain future for Pluton Resources» Cockatoo Island iron ore project has led Watpac Civil & Mining to flag a hit to its net profit of between $ 2 million and $ 4 million for the 2015 financial year.
Watpac Civil & Mining says it will resume limited works at Pluton Resources» Cockatoo Island iron ore project following discussions with the troubled miner's receivers, KordaMentha.
Sundance Resources boss Giulio Casello has taken a big pay cut as the company seeks to cut costs, with the Perth - based explorer also locking in a $ 1.3 million investment to assist in the search for a partner for its Mbalam Nabeba iron ore project in Africa.
The government of the Republic of Cameroon is planning to seek funding from China for the rail and port infrastructure at Sundance Resources» Mbalam - Nabeba iron ore project, allowing the Perth company to focus just on the mine development.
OTOC Australia has been awarded a $ 3 million contract with NRW for the mine process plant in - ground services at the Roy Hill iron ore project in the Pilbara.
Mineral Resources announced today that it plans to use its 12 per cent stake in Aquila Resources to push for a role building and operating the proposed $ 7 billion West Pilbara iron ore project.
Decmil Group has been awarded a $ 13 million contract for work at BHP Billiton's South Flank iron ore project near Newman.
Perth - based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.
Perth - based Strike Resources has sold its Apurimac and Cusco iron ore projects in Peru for about $ 13.5 million, as the company shifts its focus to other commodities.
Reminds me of your previous insightful analysis of Haematite vrs Magnetite iron ore projects - seems like a light year ago now, how things have changed!
However, Cele points out that the lack of infrastructure remains the biggest hindrance to growth in African iron - ore projects.

Not exact matches

The projects — which have been funded as part of the Joint U.K. - China Offshore Renewable Energy program — would also look to maximise the environmental and socio - economic benefits of ORE systems.
Even those with only a passing interest in the resources sector would recognise there's something unusual about an iron ore miner talking up a natural gas project and an oilman talking it down.
U.K. and Chinese researchers will work together on five projects to develop the «next generation» of offshore renewable energy (ORE) technologies.
In addition the NERC said that the projects would, among other things, demonstrate the potential of ORE technologies to provide island and coastal communities with a stable power supply.
Roy Hill Holdings has selected construction project management software firm Aconex to provide its services to the company's iron ore mining project in the Pilbara.
Iron ore miner Centaurus Metals says it can no longer afford to develop its Candonga project in Brazil on its own, and will be seeking to either bring in a joint venture partner or sell the mine in order to survive in the tough economic climate.
Brookfield Multiplex has completed the non-processing infrastructure facility at Gina Rinehart's Roy Hill iron ore mine in the Pilbara, marking the finish of a $ 270 million workbook at the project.
Iron ore miner Gindalbie Metals has extended its finance facility for its Karara magnetite project in the Mid West by three years and an additional $ US400 million ($ 428 million).
Iron ore explorer Gindalbie Metals has detailed a $ 586 million loss for the financial year, which was previously flagged on the back of a write - down of its 48 per cent stake in the Karara project.
More than $ 12 billion of mining projects are in the pipeline for WA and likely to proceed, with major iron ore developments the biggest contributor.
Mount Gibson Iron will look to its Extension Hill project for an answer to its $ 870 million first - half loss, which was the result of price falls and interruptions to work at its Koolan Island iron ore mine in the Pilbara.
IMX Resources has sold its iron ore operations in South Australia to Perth - based Cu - River Mining for $ 3.68 million, shifting its focus solely on its Tanzanian projects.
Excelsior Gold says a revised ore treatment agreement with Norton Gold Fields will remove an upfront $ 12.5 million payment for a milling allocation, with the savings to provide flexibility to further develop its Kalgoorlie North gold project.
Fortescue Metals Group has ended a tough week for the iron ore sector by halving its projected capital expenditure for the 2015 financial year to $ US650 million, in response to the continued weakening of the iron ore price.
After the U.S. elections, prices for copper and iron ore, used in building and construction projects, surged amid hopes for increased infrastructure spending.
China - based Citic Group has flagged a $ US1.4 billion to $ US1.8 billion impairment at its Sino Iron magnetite project in the Pilbara as a result of the falling value of iron ore.
Gindalbie Metals shares slipped on the ASX today after the iron ore producer said it would need extra working capital to see out the end of the year, having run into more issues at its Karara project in the Mid West.
The mine is expected to produce 54 million carats from 35 million tonnes of ore over its projected 12 - year life.
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