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:
Pan African H1 revenue up 52.8% y/y to R1.3bn
Brazil iron-ore tragedy brings home reality of mining risk says Kumba
And, price premiums boosting quality-focused Kumba Iron Ore
Gold miner Pan African Resources achieved a 52.8% year-on-year increase in revenue for the six months to December 31, 2018, to R1.3-billion.
Pan African Resources CEO Cobus Loots:
Kumba Iron Ore CEO drew attention to the tragic loss of life at in Brazil, as a result of an iron-ore tailings dam collapse that killed 170 people, left at least 140 missing and caused major environmental damage.
Kumba Iron Ore CEO Themba Mkhwanazi:
South Africa’s Kumba Iron Ore, which stands head and shoulders above its peers when it comes to iron-ore quality, is achieving major price premiums well above historical heights.
Kumba Iron Ore CEO Themba Mkhwanazi:
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