11 December 2008
Bass Metals Australia is announced today that it has signed a binding agreement to purchase from Intec Ltd the Hellyer processing plant, associated infrastructure and the Hellyer Mining lease for $4.0 million to be paid on settlement. Bass Metals will also pay Intec a Processing Royalty of $2.50/tonne processed, capped at $5.0 million.
Settlement [...]

Atlas Iron Limited is pleased to announce a new direct shipping iron ore (DSO) discovery in the first drill holes completed at Wodgina (Atlas 100% Fe rights) located 100 kilometres south of Port Hedland in the Pilbara of Western Australia. Recently received intersections include:
50 metres at 58.6% Fe 0.12 % P, 4.98% SiO2 and 1.58% Al2O3 from [...]

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11 December 2008
 
Rio Tinto’s South African joint venture with BHP Billiton, Richards Bay Minerals, announced that agreements with a Broad-Based Black Economic Empowerment (“BBBEE”) Consortium were signed today, in which 24 per cent of RBM will be transferred to a group comprising local communities and investors with a further 2 per cent to be transferred [...]

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In its largest lump-sum turnkey (LSTK) project to date, Metix has reached and celebrated its 250 000 hour lost time injury-free construction milestone.
 
Metix Engineering Director Andrew van Niekerk says that the size of this 600 000 ton per annum sinter plant project for Metix provides additional challenges compared to previous projects. “It is also the [...]

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THE suspension of 80% of the Xstrata-Merafe joint venture’s ferrochrome capacity may not be enough, considering the buildup of ferrochrome stockpiles and the slowdown of production in the stainless steel industry, Samancor Chrome chairman Dankor Konchar said on Friday.
Samancor Chrome has suspended 100% of its capacity since early last month until March 1, when the [...]