Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Kumba fiscal year earnings down on lower iron-ore price
And, Harmony back in black
JSE-listed Kumba Iron Ore’s headline earnings a share fell 66% year-on-year to R11.80 for the year ended December 31, compared with R34.30 a year earlier.
Kumba Iron-Ore CEO Norman Mbazima:
Sashnee Moodley:
Gold mining group Harmony turned the corner in the second quarter of the current financial year, posting positive earnings after a prolonged period in the red.
Harmony CEO Peter Steenkamp:
Sashnee Moodley:
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