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Thabazimbi Mine
 
IRON-ORE

Kumba Q1 output up 15%

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....
By: Idéle Esterhuizen
19 Apr 13
 
 
IRON-ORE

N Cape iron-ore drilling campaign at advanced stage - Mittal Video Available

Nonkululeko Nyembezi-Heita and Matthias Wellhausen Steel producer ArcelorMittal South Africa is moving ahead with iron-ore exploration on three Northern Cape farms in the coming few months and expects to be in a position to provide a reserve estimate in the coming months. The company, which is...
By: Terence Creamer
06 Feb 13
 
 
STEEL

Mittal slumps to R518m 2012 loss, looking to break even in Q1

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...
By: Terence Creamer
06 Feb 13
 
 
Iron-Ore

Kumba Q4 output down 19% following Sishen strikes

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...
By: Natalie Greve
25 Jan 13
 
 
STEEL & MINING

Mittal aims to begin mining N Cape iron-ore prospect in 2015

Nonkululeko Nyembezi-Heita 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...
By: Terence Creamer
25 Jul 12
 
 
IRON-ORE

Kumba output advances 15% as Kolomela ramp-up continues

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...
By: Mariaan Webb
19 Apr 12
 
 
IRON-ORE

Kumba sees short-term iron-ore price volatility

JSE-listed Kumba Iron Ore, which reported higher quarterly output, on Thursday warned of an increase in the volatility of iron-ore prices in the short term. The company, which forms part of Anglo American group, said steel mills were facing...
By: Henry Lazenby
20 Oct 11
 
 
IRON-ORE

Mittal expects to make N Cape iron-ore mine call by end Aug Video Available

Steel group ArcelorMittal South Africa (Mittal) expects to complete its due diligence of a modest-sized iron-ore prospect in the Northern Cape by the end of August and has indicated that such small-scale developments are likely to be central to...
By: Terence Creamer
27 Jul 11
 
 
IRON-ORE

Kumba output falls 23%, plans in place to recover shortfall

JSE-listed Kumba Iron Ore saw a 23% decrease in production to 8,8-million tons in the first quarter ended March, mainly as a result of mining constraints caused by wet pit conditions from excessive rainfall at all its operations. The iron-ore...
By: Petronel Smit
21 Apr 11
 
 
IRON-ORE

Kumba more than doubles profit to R14,3bn

JSE-listed Kumba Iron Ore’s headline earnings more than doubled to R14,3-billion in 2010, helped by a 92% increase in export prices and a 6% increase in export sales volumes. South Africa’s main iron-ore miner on Thursday reported that...
By: Petronel Smit
10 Feb 11
 
 
PRODUCTION RESULTS

Anglo reports strong Q3 production, platinum up 11%

Diversified mining major Anglo American on Thursday reported an increase in third-quarter production for most commodities. Anglo American subsidiary Anglo Platinum (Angloplat) reported an 11% increase in refined platinum production to 697 000 oz...
By: Loni Prinsloo
21 Oct 10
 
 
IRON-ORE

Kumba H1 export volumes up, sees higher output

Kumba Iron Ore, a unit of global miner Anglo American reported a 10% rise in exports sales volumes and said it remained committed to raising annual production volumes. South Africa's Kumba said export sales volumes rose to 18,8-million tons,...
By: Reuters
22 Jul 10
 
 
 
 
 
 
 
 
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