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Topic - Thabazimbi Mine
Feb 10, 2015
In light of low iron-ore prices, JSE-listed Kumba Iron Ore was reviewing options for its Thabazimbi mine. Speaking at the company’s year-end results, in Sandton, on Tuesday, Kumba CE Norman Mbazima said that, under the circumstances, the mine was “just not making...
Feb 10, 2015
Oct 23, 2014
Kumba Iron Ore lifted its output by 37% year-on-year and 13% quarter-on-quarter to 13-million tonnes in the quarter ended September 30. The Sishen mine produced 9.3-million tonnes of iron-ore in the quarter – up 44% on that produced in the third quarter of 2013 and...
Sep 01, 2014
Selby Nkwanyana and Nontsikelelo Kalashe
Anglo American company Kumba Iron Ore on Monday opened a sun-powered Internet school in Tembisa. The initiative, at Jiyana Secondary School, is the first of four such projects to better education, feed pupils and produce cooking gas from recycled waste.
Jul 23, 2014
Jul 22, 2014
Jul 22, 2014
Kumba CEO Norman Mbazima
The operational profit of JSE-listed Kumba Iron Ore fell 14% in the six months to June 30 on lower exports and the cost of increased mining activities. But revenue was up mainly on currency weakness and Kumba maintained its interim cash dividend of R5-billion, which...
Feb 07, 2014
Nov 07, 2013
Oct 18, 2013
Aug 08, 2013
Jul 18, 2013
Apr 19, 2013
JSE-listed Kumba Iron Ore’s output for the quarter ended March 31 was 15% higher quarter-on-quarter at 10.34-million tons, owing to improved production at its Sishen mine and good performance at its Kolomela mine, both in the Northern Cape. Although production at...
Feb 06, 2013
Feb 06, 2013
Steel group ArcelorMittal South Africa (Mittal) slumped to a R518-million headline loss for the year ended December 31, 2012, on weak market conditions – a sharp pullback from the headline loss of R52-million recorded in the previous financial year. The final quarter...
Jan 25, 2013
JSE-listed Kumba Iron Ore on Friday reported a 19% year-on-year drop in fourth-quarter output to nine-million tons, mainly as a result of an illegal strike at the Sishen mine.Fourth-quarter output was also 28% lower than that of the third quarter of 2012.
Jul 25, 2012
JSE-listed steel producer ArcelorMittal South Africa (Mittal), which is currently exploring an as-yet-unnamed iron-ore resource in the Northern Cape, hopes to begin mining on the property by 2015, partly in a bid to close an anticipated supply gap that would arise...
Apr 19, 2012
JSE-listed Kumba Iron Ore increased its March quarter production by 15% year-on-year to 10.1-million tons, aided by the ramp up of its new Northern Cape iron-ore mine. The Anglo American subsidiary said the Kolomela mine, near Postmasburg, added 1.5-million tons to...
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