Kumba Iron Ore
latest news & developments
Anglo American rejects ‘unattractive’ BHP bid
The company’s chairman, Stuart Chambers, described the proposal as ‘opportunistic’
BHP makes takeover bid for Anglo American
The proposal entails Anglo significantly lowering its exposure to South Africa by demerging its holdings in beleaguered Anglo American Platinum and Kumba Iron Ore This content is…
Strike sets Transnet back — again
The industrial action is the latest in a series of economy-hitting upsets for the state logistics company
Mines print money as metals boom
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
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
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?
Commodities are in the doldrums and local conditions may be too toxic to attract interest.
Bitter irony for ore producers
Chinese government subsidies will keep alive mines that should have been shut down.
Kumba first-half profit falls 16% as iron-ore prices slump
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
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
The Constitutional Court has finally settled a dispute that has tainted all parties.
Kumba leads SA stocks to 1.6% gain
Stocks have booked a 1.6% gain, led by Kumba Iron Ore’s upbeat guidance for its full-year results.
Kumba, ArcelorMittal deal will revive Thabazimbi mine
After a lengthy legal battle, Kumba and ArcelorMittal have finally signed an agreement that will ensure the long-term sustainable supply of iron ore.
Kumba needs new permit to access Sishen mine reserves
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.
Kumba’s new mine counters strike losses
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.