| |
| 24hGold - Publicnow |
| Kumba Interim Results for the six months ended June 2016 |
| Media
Nikki Wetzlar
Manager: Corporate Communication
E: [email protected]/* Tuesday, July 26, 2016 |
|
| 24hGold - Publicnow |
| IRON Kumba Iron Ore announces leadership changes |
| Kumba Iron Ore Limited ('Kumba') announces the appointment of Themba Mkhwanazi as Chief Executive Officer ('CEO') with effect from 1 September 2016, following Norman Mbazima's decision to step down after four years to focus on his role as Deputy Chairman of Anglo American South Africa, with effect from 31 August 2016. Norman Mbazima will remain a member of Anglo American's Group Management Committee and will play a key role in the processes to restructure and divest Anglo American plc's non-coreTuesday, July 26, 2016 |
|
| 24hGold - Publicnow |
| IRON Kumba Iron Ore Limited production and sales report for the quarter ended 31 March 2016 |
| Overview:
Total production from Kumba decreased to 8.9 Mt as Sishen transitioned to a lower cost pit configuration. This is 27% less than Q1 2015 and 18% lower compared to Q4 2015.
Total export sales volumes decreased by 18% compared to Q1 2015 and by 11% compared to the previous quarter at 9.4 Mt.
'000 tonnes
Quarter
% change
Quarter
% change
Q1 2016
Q1 2015
Q1 2016
vs
Q1 2015
Q4 2015
Q1 2016
vs
Q4 2015
Total
8,925
12,167
(27)
10,935
(18)
- SishThursday, April 21, 2016 |
|
| 24hGold - Noodls |
| Amendment of the ArcelorMittal Supply Agreement |
| Kumba and ArcelorMittal have agreed to amend the pricing mechanism terms of their current agreement from a cost-based price to a price based on an export parity price ('EPP'). The EPP will be calculated on the basis of an international index (the 'index price') and, at certain index price levels, ArcelorMittal will receive a discounted price, as follows: if the index price is between US$60/t and US$70/t, ArcelorMittal will receive a 5% discount to the EPP; between US$70/t and US$80/t, a 6.25% diFriday, November 6, 2015 |
|
| 24hGold - Noodls |
| Kumba update on residual 21.4 mining ... |
| Media
Nikki Wetzlar
Tel: 012 - 683 7019
Mobile: +27 (0)82 561 7407
Notes to editors:
The Constitutional Court ruled on 12 December 2013 that the residual 21.4% undivided share of the mining right in respect of SIOC's Sishen mine remained available for allocation by the DMR and that, based on the provisions of the Mineral and Petroleum Resources Development Act ('MPRDA'), only SIOC could apply to be granted the residual right. SIOC subsequently applied to the DMR in relaTuesday, November 3, 2015 |
|
| 24hGold - Noodls |
| IRON Kumba Iron Ore Limited Production Report for the third quarter ended 30 September 2015 |
| '000 tonnes
Quarter
% change
Quarter
% change
Q3 2015
Q3 2014
Q3 2015
vs
Q3 2014
Q2 2015
Q3 2015
vs
Q2 2015
Total
10,807
10,188
6
13,081
(17)
- Export sales
9,847
9,059
9
11,733
(16)
- Domestic sales
960
1,129
(15)
1,348
(29)
Sishen mine
665
818
(19)
906
(27)
Thabazimbi mine
295
311
(5)
442
(33)
Sishen produced 7.7 million tonnes, a decrease of 17% due to a temporary lack of sufficient exposed hiThursday, October 22, 2015 |
|
| 24hGold - Noodls |
| Kumba Interim Results for the six months ended June 2015 |
| Kumba Iron Ore Limited ('Kumba' or 'the group') announces its results for the six months ended 30 June 2015.
KEY FEATURES
Operations reconfigured to achieve significantly lower cost of production
46% drop in average iron ore index price to US$60/tonne
Total sales volumes increased by 16% to record 26 Mt
We spent R202.3 million on community development initiatives
Production of 22.6 Mt, down 1%
Controllable costs per tonne reduced by 16%
Normalised earnings down 52% to R9.78 peTuesday, July 21, 2015 |
|
| 24hGold - Noodls |
| Kumba institutes closing procedures for Thabazimbi mine |
| Kumba Iron Ore Limited ("Kumba"), a business unit of the Anglo American group, has today commenced a consultation process in terms of section 189 of the Labour Relations Act, through its subsidiary Sishen Iron Ore Company (Pty) Ltd, as part of closure procedures at its Thabazimbi mine in Limpopo Province, South Africa.
Kumba's decision to close the operation follows an extensive review of the Thabazimbi mine and is in response to a combination of factors that have affected the mine's economiThursday, July 16, 2015 |
|
| 24hGold - Noodls |
| IRON Kumba Iron Ore Limited production and sales report for the quarter ended 30 June 2015 |
| For further information, please contact:
Media
Investors
Yvonne Mfolo
Nerina Bodasing
Tel: +27 (0)12 683 7067
Tel: +27 (0)12 622 8324
Mobile: +27 (0)83 469 4566
Mobile: +27 (0)82 940 7505
Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen mine and its Kolomela mine in the Northern Cape Province, Thursday, July 16, 2015 |
|
| 24hGold - Noodls |
| Kumba partners with government to address health and housing challenges |
| Kumba Iron Ore, a business unit of Anglo American and the Minister of Mineral Resources, Adv. Ngoako Ramatlhodi today launched the new R8.8 million Postmasburg District Clinic and visited one of the 718 houses built for employees, located in the Tsantsabane district.
This initiative is the result of a partnership between Kumba, the Northern Cape Department of Health and the Tsantsabane Municipality. The company contributed to the funding, medical equipment and project management of the initiFriday, April 10, 2015 |
|
| 24hGold - Noodls |
| The Kumba West Coast Classic back in full force |
| This month the country's top bodyboarders will compete in one of South Africa's highly contested bobyboarding events, the Kumba West Coast Classic. The event will take place over a four day period from 3-6 April 2015 in Lambert's Bay, Western Cape.
This month the country's top bodyboarders will compete in one of South Africa's highly contested bobyboarding events, the Kumba West Coast Classic. The event will take place over a four day period from 3-6 April 2015 in Lambert's Bay, Western CapeThursday, April 2, 2015 |
|
| 24hGold - Noodls |
| Kumba committed to transformation in mining industry |
| Kumba Iron Ore, a business unit of Anglo American welcomes the statement by the South African Minister of Mineral Resources on the progress of transformation in the mining industry in South Africa. Anglo American is committed to meeting South Africa's transformation objectives and has been a longstanding and major contributor to the transformation of the mining industry.
Kumba Iron Ore, a business unit of Anglo American welcomes the statement by the South African Minister of Mineral ResourceTuesday, March 31, 2015 |
|
| 24hGold - Noodls |
| Kumba Marakele Marathon - A run on the wild side |
| Kumba Iron Ore, a business unit of Anglo American, in partnership with the South African National Parks (SANParks) is proud to present the 6th edition of a unique marathon to be held at the Marakele National Park (a big five national park) near Thabazimbi in Limpopo on 7 March 2015.
Hosted by the Thabazimbi Marathon Club in collaboration with the SANParks Honorary Rangers, the race aims to deliver a successful marathon that provide the runners with an opportunity to experience running in theTuesday, March 24, 2015 |
|
| 24hGold - Reuters |
| S.Africa's ANC eyes state sell-off to ease power crunch |
| * Govt to identify state assets for sale * Critics call for privatisation of key firms By Stella Mapenzauswa JOHANNESBURG, Dec 12 (Reuters) - Financial problems at South Africa's Eskom have pushed the governing ANC to look into selling stakes in state companies to free up funds to update the utility and ease power blackouts. President Jacob Zuma's African National Congress has long been reluctant to sell company stakes to ease the strain onFriday, December 12, 2014 |
|
| 24hGold - Noodls |
| IRON Kumba Iron Ore technical update |
| Press releases
Kumba announces that Sishen mine continues to perform well against its operational plan and remains on track to increase production to 35 Mt in 2014, 36 Mt in 2015 and 37 Mt from 2016. Kolomela mine's life of mine (LoM) production capacity has been increased to 11 Mtpa from 2015. Studies are in progress at Kolomela, which could result in increasing production further to 12 Mt in 2016 and to 13 Mtpa from 2017.
At Sishen, the Operating Model, which was implemented in August 2014Tuesday, December 9, 2014 |
|
| 24hGold - Noodls |
| Dingleton relocation update - First households move ... |
| Press releases
The first phase in the relocation of the Dingleton community in the Northern Cape got underway today (Thursday, 20 November 2014) with the first households moving into their new homes in Kathu. The R4.2 billion project of Kumba Iron Ore, Anglo American's South African iron ore business, is an important element of Sishen Mine's western expansion, to ramp up production to 37 million tonnes by 2016.
In the current phase, 17 private home owners and the occupants of 54 municipalMonday, November 24, 2014 |
|
| 24hGold - Noodls |
| IRON Kumba Iron Ore Limited production and sales report for the quarter ended 30 September 2014 |
| Kumba Iron Ore Limited ("Kumba") today released its production and sales report for the quarter ended 30 September 2014. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company Proprietary Limited ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.
Overview:
•
Total production increased by 37% compared to Q3 2013 and by 13% compared to the previous quarter to 13.0 Mt
•
Export sales volumeThursday, October 23, 2014 |
|
 | The Gold Report |
| CPM Platinum Market Analysis and Forecast for 2013 |
| Violent strikes and supply disruptions in South Africa put platinum in the headlines last year, and the metal spent 2012 selling at a discount to gold. Is a platinum discount the new normal? How will the market shift in the labor strike fallout? And will mining asteroids transform supply fundamentals? CPM Group Platinum Analyst Erica Rannestad met with The Metals Report to share her price and cost forecasts for 2013 and discuss the supply and demand trends to watch this year.
Tuesday, January 8, 2013 |
|
| Mining Weekly |
| Anglo iron, coal and copper output up, while platinum and diamonds fall |
| JOHANNESBURG (miningweekly.com) – Global miner Anglo American on Friday said successful project execution and asset optimisation delivered volume growth in its iron-ore, metallurgical coal, export thermal coal, copper and nickel divisions for the second quarter ended June, while diamonds and platinum performed weaker.Friday, July 20, 2012 |
|
 | The Energy Report |
| Canadian Coal Moles: Jerome Hass and Jimmy Chu |
|
For low-risk returns, Lightwater Partners' Fund Managers Jerome Hass and Jimmy Chu look seaward.Bulk commodities like metallurgical coal, they explain, offer greater stability because a small number of major buyers determine pricing, while shipping logistics provide a yardstick to determine a project's economics.Monday, May 14, 2012 |
|
|
