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Kumba to invest even more $428 mln in iron ore processing plant upgrade

Posted to Maritime Reporter on August 29, 2024

South Africa's Kumba Iron Ore. will invest an extra 7.6 billion rand ($ 428. million) in processing technology that will treble premium. quality production at its Sishen mine, it said on Thursday. The Anglo American system said the extra financial investment.

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 4, 2024

On the middle Sunday, the Paris Olympics, the last day of swimming will be held, as well as the highly anticipated 100 metre men's final. Novak Djokovic is vying to win a medal and fill in that one hole in his trophy case. The river Seine water…

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 4, 2024

On the "middle Sunday" of the Games, the last day of swimming will be held, as well as the highly anticipated men's final of 100 metres in athletics. Novak Djokovic is also aiming to add an Olympic medal to his collection. The river Seine water…

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on August 2, 2024

The Olympics begin on Friday with the start of athletics. Home crowd favorite Leon Marchand will be aiming for his fourth gold at the Paris Games, and French judo legend Teddy Riner is chasing a fourth Olympic medal. Olympic champions in the…

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

Posted to Maritime Reporter on August 1, 2024

ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…

PARIS OLYMPICS: what you should know now

Posted to Maritime Reporter on July 29, 2024

Enfin! A disc of yellow appeared in the sky above Paris. Simone Biles, the star gymnast of the Games and the opening performance, was awe-inspiring. After the rain, Olympic venues in the heart of Paris were illuminated and the French team's start at the Games continued. BANG!

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