LATEST NEWS FOR Kumba Iron Ore Ltd.  

Kumba is a mining group of companies focusing on the exploration, extraction, beneficiation, marketing and sale and shipping of iron ore. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape province.... [more info]

Airbnb’s possible IPO, British American Tobacco and how government bonds are faring

12 Aug 2020 /  Simon Brown  
Mia Kruger of Kruger International talks markets as Sasol soars on horror write-downs and reports of an IPO for Airbnb. FNB's Wayne McCurrie on the case for British American Tobacco as it offers a solid sterling yield. Wikus Furstenberg from Futuregrowth on how SA's government bonds are doing

Mixed bag for mining stocks as AngloGold CEO says goodbye

3 Aug 2020 /  Ciaran Ryan  
Kelvin Dushnisky calls it a day after releasing a great set of results.

Sasol LCCP stake sale, the investment case for Europe and red flags in fixed income funds

29 Jul 2020 /  Simon Brown  
Deryck Janse van Rensburg from Anchor Capital on Kumba's results, the Sasol LCCP stake sale and when to exit gold stocks. Karim Chedid, investment strategist at BlackRock on the investment case for Europe and Nolan Wapenaar, Anchor CIO on red flags to look for when investing in fixed income funds.

Kumba shrugs off coronavirus and announces R7bn expansion

29 Jul 2020 /  Ciaran Ryan  
Slightly lower interim earnings offset by R700m in cost savings.

Kumba reports dip in interim revenue, as production falls 11%

28 Jul 2020 /  Nompu Siziba   
Themba Mkhwanazi – CEO, Kumba Iron Ore

Stocks drop as gold frenzy pauses, Richemont slips

28 Jul 2020 /  Adelaide Changole, Bloomberg  
Foreigners were net sellers of South African stocks for a fourth day Monday.

Mines forced to overhaul their supply chains

7 Apr 2020 /  Ciaran Ryan   2
Keeping six months’ stock of essential supplies, considered wasteful a year ago, now seems like a good idea.

As China reopens, Africa’s woes threaten to starve its factories

5 Apr 2020 /  Pauline Bax, Matthew Hill and William Clowes, Bloomberg    3
Factories in China risk running short on supplies as Covid-19 spreads to countries that produce vital raw materials.

Anglo American expects hit to iron ore, coal in South Africa lockdown

27 Mar 2020 /  Zandi Shabalala, Reuters  
Governments are stepping up measures to contain the coronavirus including restricting movement.

Another bad day for the JSE

18 Mar 2020 /  Larry Claasen   2
Banks down again.

Kumba profit up 75%, but now comes the Coronavirus

19 Feb 2020 /  Ciaran Ryan  
Closed off 2019 with a 62% surge in Ebitda.

Kumba verwag dat koronavirus ‘n beperkte invloed op ysterertspryse sal hê

18 Feb 2020 /  Ryk van Niekerk  
Themba Mkhwanazi – uitvoerende hoof, Kumba

Anglo American says Eskom poses a major risk for investors

6 Nov 2019 /  Felix Njini, Bloomberg   1
CEO says the government also needs to improve the regulatory environment to get investors back into the mining sector.

Rand rallies 1% to one-month best, stocks weaker

22 Oct 2019 /  Mfuneko Toyana, Reuters  
Government bonds also rallied, with the yield on the benchmark 2026 bond down 7 basis point to 8.205%.

Anglo American boosts production outlook at giant Brazil iron ore mine

22 Oct 2019 /  Thomas Biesheuvel, Bloomberg   
The mine is delivering a strong performance since being reopened.

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