Latest articles on Kumba Iron Ore

Mines print money as metals boom

Article Lynley Donnelly - 26 Jul 2019

Kumba and Anglo Platinum are sitting in a sweet spot but it remains to be seen how long it will last

The economy is off to a good start

Article Staff Reporter - 5 Jan 2018

But the big questions are what Cyril Ramaphosa can do and what the budget has in store

Iron ore takes Kathu from boom to bust in five years

Article Staff Reporter - 28 Apr 2016

The fickle nature of commodities is shown starkly in the Northern Cape town of Kathu, whose fortunes rise and fall with the iron ore price.

Any takers for Anglo’s fire sale?

Article Staff Reporter - 24 Feb 2016

Commodities are in the doldrums and local conditions may be too toxic to attract interest.

Bitter irony for ore producers

Article Staff Reporter - 29 Apr 2015

Chinese government subsidies will keep alive mines that should have been shut down.

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Kumba first-half profit falls 16% as iron-ore prices slump

Article Andre Janse & Van Vuuren - 22 Jul 2014

The Anglo American unit which had enjoyed sky-high iron ore prices in the past now faces a decline in profits as the metal price drops.

Amcu gains a foothold at Kumba Iron Ore

Article Andre Janse & Van Vuuren - 11 Feb 2014

Amcu, the dominant union in the platinum sector, looks likely to win recognition at Kumba Iron Ore, which announced an increased profit on Tuesday.

End of Sishen saga cast in iron

Article Staff Reporter - 20 Dec 2013

The Constitutional Court has finally settled a dispute that has tainted all parties.

Kumba leads SA stocks to 1.6% gain

Article Reuters - 17 Dec 2013

Stocks have booked a 1.6% gain, led by Kumba Iron Ore's upbeat guidance for its full-year results.

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Kumba, ArcelorMittal deal will revive Thabazimbi mine

Article Thalia Holmes - 5 Nov 2013

After a lengthy legal battle, Kumba and ArcelorMittal have finally signed an agreement that will ensure the long-term sustainable supply of iron ore.

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Kumba needs new permit to access Sishen mine reserves

Article Andre Janse & Van Vuuren - 15 Oct 2013

A member of the Anglo American group, Kumba Iron Ore, says it needs a new mining permit to access about a third of reserves at its Sishen mine.

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Kumba’s new mine counters strike losses

Article Staff Reporter - 23 Jul 2013

Production from Kumba's new Kolomela mine has kept profits up in the first half of 2013 after a strike affected output at its Sishen mine last year.

Fired Kumba miners now destitute

Article Staff Reporter - 17 May 2013

Workers have turned to the union they scorned at the time of the unprotected strike - the National Union Mineworkers.

Government may impose export tax on iron ore, steel

Article Lynley Donnelly - 6 Dec 2012

The government may be looking to implement export taxes on iron ore and steel products, it announced in a post Cabinet briefing.

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Kumba workers threaten trainees after bail hearing postponed

Article Staff Reporter - 18 Oct 2012

Striking workers at Kumba Iron Ore's Sishen mine have disrupted training of workers, following a postponed bail hearing.

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