Silent Goodbye a sad reality. (Mom passes on & leaves small Children)

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The quiet community of Ngodini, just outside Nelspruit in Mpumalanga, South Africa, woke up to heartbreaking news that left neighbours and relatives in disbelief. Twelve-year-old Ayanda had always been the responsible one. As the eldest of three children, she helped her mother care for her younger siblings, eight-year-old Sipho and four-year-old Amahle. Their mother, Nomsa, worked hard to provide for them, often reminding her children that no matter how difficult life became, they should always love and protect one another. One cold winter morning, the children woke up as usual. Ayanda prepared breakfast while waiting for their mother to get up for work. Minutes turned into an hour, but Nomsa never came out of her bedroom. Ayanda gently knocked on the door. "Mama?" she called softly. There was no answer. She knocked again, louder this time. "Mama, it's morning. You have to wake up." Still, there was only silence. Growing worried, Ayanda tried opening the door. H...
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Iron ore price jumps as Brazil, Australia shipments delayed

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MINING.COM Staff Writer | April 13, 2021 | 11:28 am News Australia China Latin America Iron Ore 
Iron ore price jumps on falling shipment
Iron ore shipyard. Image from archives.

Benchmark iron ore futures in China extended gains for a third straight session, closing at the highest price in five weeks, fuelled by falling supplies from major miners.

Shipments from Australia and Brazil — China’s two major iron ore suppliers — fell by 4.04 million tonnes to 24.04 million tonnes as of April 9 from the week earlier, data from Mysteel consultancy showed.

Operational problems and heavy rains are affecting iron ore shipments in Brazil.

IRON ORE PRICE RALLY HAS BEEN SUPPORTED BY INCREASING STEEL DEMAND

Iron ore exports to China from Port Hedland, the top iron ore terminal in Western Australia, recovered by 7.4 million tonnes or 19.4% from February’s low to total around 38.1 million tonnes in March, according to Mysteel.

Last month’s tonnage, however, was still 2.3 million tonnes, or 5.7% down on the year.

The most actively traded iron ore futures on the Dalian Commodity Exchange for September delivery ended up 3.3% at 1,023 yuan ($156.17) per tonne after gaining 3.5% earlier in the session.

“Domestic demand and consumption driven by overseas economic recovery also helped sustain iron ore prices,” analysts with Huatai Futures wrote in a note.

China imported a total of 283.4 million tonnes of iron ore over January-March, higher by 21 million tonnes or by 8% compared with Q1 2020, according to the latest statistics released by the country’s General Administration of Customs.

Benchmark 62% Fe fines imported into Northern China (CFR Qingdao) were changing hands for $173.25 a tonne, down 0.75% from the previous trade, according to Fastmarkets MB.

Steel demand spike

The iron ore rally has been supported by increasing steel demand.

The beginning of 2021 saw a sharp increase in demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown.

According to IndexBox, global consumption is forecast to increase in 2021 by 4.1% year-on-year.

“The EU (+11.0%) and other European countries (+11.9%) are projected to see the fastest rates of consumption growth, spurred by a full recovery in the automotive and construction sectors, and other downstream industries,” the market research company said. 

(With files from Reuters)

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