Exuberant Kumba Iron Ore’s stakeholders receive R51bn shared value boost

Mining News Pro - Anglo American group iron-ore mining company Kumba Iron Ore, which has achieved record half-year earnings with great exuberance, has shared a sky-high first-half R51-billion with its spread of stakeholders that take in the fiscus, local suppliers, nearby communities, employees, shareholders and society at large.

Kumba continues to perform well, despite rail constraints

Mining News Pro - Iron-ore miner Kumba Iron Ore’s operations continued to perform well for the six months ended June 30, and production increased by 12% year-on-year, while sales increased by 3% year-on-year, reflecting the impact of rail constraints and periods of severe weather at the Saldanha Bay port.

Kumba records good quarter

Mining News Pro - Anglo American subsidiary Kumba Iron Ore’s output for the first quarter of this year was ahead of that of the comparative quarters in 2019 and 2020.

Kumba to report higher full-year earnings despite lower production

Mining News Pro - Iron-ore miner Kumba Iron Ore expects to report headline earnings of between R21.83-billion and R23.43-billion and headline earnings per share (HEPS) of between R68.07 and R73.06 for the year ended December 31.

Kumba’s 2020 output to be at lower-end of guidance

Mining News Pro - Kumba Iron Ore is finishing 2020 in good shape, despite the unique challenges of Covid-19, CEO Themba Mkhwanazi said on Friday, announcing an updated guidance for South Africa’s largest iron-ore producer.

Kumba on track to deliver full-year guidance

Mining News Pro - Anglo American subsidiary Kumba Iron Ore continued to achieve a good operational performance in the quarter ended September 30, demonstrating business resilience and a capacity to successfully adapt to working under Covid-19 conditions, CE Themba Mkhwanazi said on October 22.

Kumba, Anglo boards approve new R7bn iron-ore project at Kolomela

Mining News Pro - Iron-ore mining and marketing company Kumba Iron Ore on Tuesday announced the approval of the Kapstevel South project at its Kolomela mine, by both the company’s and Anglo American’s boards.

Dlamini resigns as Kumba director

Mining News Pro - Nonkululeko Dlamini, who has taken up the position of Transnet CFO, has resigned as nonexecutive director of iron-ore miner Kumba Iron Ore.

Anglo American: Kumba Iron Ore Production Fall Amid Rail Constraints

Mining News Pro - The Anglo American Kumba iron ore production for Q3 CY`18 decreased 9% on quarterly basis to 10.5 MnT as against 11.6 MnT in last quarter.

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