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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]
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Mines forced to overhaul their supply chains

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

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

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

Another bad day for the JSE

18 Mar 2020 /  Larry Claasen   2
Banks down again.
Kumba profit up 75%, but now comes the Coronavirus

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

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

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

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

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.
Exxaro buoyed by equity investments as core profit falls

Exxaro buoyed by equity investments as core profit falls

22 Aug 2019 /  Tanisha Heiberg, Reuters   1
Half-year headline profit up 42%.
Wage offer leaves Amcu disappointed

Wage offer leaves Amcu disappointed

13 Aug 2019 /  Moneyweb  
Platinum mining companies will possibly not meet all wage negotiation demands.
Miners to deliver tax windfall after metals rally

Miners to deliver tax windfall after metals rally

2 Aug 2019 /  Felix Njini, Bloomberg   
Royalty payments to increase by almost 70% for listed mining companies.
It’s good to be a miner again

It’s good to be a miner again

29 Jul 2019 /  Ciaran Ryan   1
Commodity prices are surging.
How the JSE has changed in 10 years

How the JSE has changed in 10 years

26 Jul 2019 /  Patrick Cairns   14
It's been quite a ride.
Kumba increases earnings by 239%

Kumba increases earnings by 239%

24 Jul 2019 /  Adriaan Kruger  
High iron ore prices and strict cost control see profit increase by a massive R10bn in six months.

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