Kumba output advances 15% as Kolomela ramp-up continues

JSE-listed Kumba Iron Ore increased its March quarter production by 15% year-on-year to 10.1-million tons, aided by the ramp up of its new Northern Cape iron-ore mine. The Anglo American subsidiary said the Kolomela mine, near Postmasburg, added...

Thabazimbi mine, South Africa

An openpit mine, situated in Limpopo.

Kumba’s iron-ore sales rise despite 5% production decline

Kumba Iron Ore has posted a 5% decrease in annual production from its three active operations, owing to exceptional rainfall at its Sishen mine in the first quarter of 2011, and a planned slowdown of its Thabizimbi mine, which is nearing its end...

Company Announcement: Kumba’s Kolomela mine first product shipped ahead of schedule

Kolomela, the new 9Mtpa Kumba Iron Ore mine near Postmasburg in the Northern Cape has added another major achievement to its already excellent track record. Not only is the mine development within budget and boasts an excellent mine and project...

Kumba sees short-term iron-ore price volatility

JSE-listed Kumba Iron Ore, which reported higher quarterly output, on Thursday warned of an increase in the volatility of iron-ore prices in the short term. The company, which forms part of Anglo American group, said steel mills were facing...

Mittal thinks small to close iron-ore supply gap

Steel group ArcelorMittal South Africa (Mittal) expects to complete its due diligence of a modest-sized iron-ore prospect in the Northern Cape by the end of August and has indicated that such small-scale developments are likely to be central to...

Mittal expects to make N Cape iron-ore mine call by end Aug

Steel group ArcelorMittal South Africa (Mittal) expects to complete its due diligence of a modest-sized iron-ore prospect in the Northern Cape by the end of August and has indicated that such small-scale developments are likely to be central to...

High prices result in consulting work boom

Mining consultancy VBKom Consulting Engineers has witnessed an increase in iron-ore-related consulting work since the substantial growth in the commodity price, over the past few years.

Kumba output falls 23%, plans in place to recover shortfall

JSE-listed Kumba Iron Ore saw a 23% decrease in production to 8,8-million tons in the first quarter ended March, mainly as a result of mining constraints caused by wet pit conditions from excessive rainfall at all its operations. The iron-ore...

Kumba more than doubles profit to R14,3bn

JSE-listed Kumba Iron Ore’s headline earnings more than doubled to R14,3-billion in 2010, helped by a 92% increase in export prices and a 6% increase in export sales volumes. South Africa’s main iron-ore miner on Thursday reported that...

Anglo reports strong Q3 production, platinum up 11%

Diversified mining major Anglo American on Thursday reported an increase in third-quarter production for most commodities. Anglo American subsidiary Anglo Platinum (Angloplat) reported an 11% increase in refined platinum production to 697 000 oz...

Kumba H1 export volumes up, sees higher output

Kumba Iron Ore, a unit of global miner Anglo American reported a 10% rise in exports sales volumes and said it remained committed to raising annual production volumes. South Africa's Kumba said export sales volumes rose to 18,8-million tons,...