Nov 13, 20180183;32;A new day for Kumba Mkhwanazi has been steadfast at the ships helm for almost two years now and Kumba is in a profitable position, despite the sometimes volatile iron ore price. Much of this positive turnaround can be attributed to Mkhwanazis leadership approach, a committed team, and a number of strategic developments.
Feb 19, 20190183;32;Kumbas flagship project is the Sishen mine in the Northern Cape, which accounted for 70% of the groups production (or 31.4Mt) in 2015. Also in the Northern Cape, Kolomela mine is the companys newest operation and contributes around 12Mt of iron ore per year.Thabazimbi mine in Limpopo is the companys other asset, producing approximately 1Mt per year.
Overall Kumbas iron ore reserves grade 65,2% Fe, but it also produces two unique lump ore products grading 66% Fe. The geology and unique characteristics of the Kumba ore results in less breakdown, even with extensive handling, and a low amount of undersize material when delivered to the customer.
Kumba, as the parent holding company, has access to its iron ore Reserves and Resources through SIOC via a 73.9% shareholding. Ore Reserve and Mineral Resource estimates are stated in full (100% shareholding). The shares attributable to Sishen Iron Ore Company (SIOC), Kumba and Anglo American plc (AA plc) are summarised in Table 1.
Almost 340 applicants are waiting for approval of droneuse. For one of the nations largest iron ore producers, Kumba Iron Ore, drones are a large part of the business and drilling is hightech. The company uses drones and machines to drill holes and drop explosives for excavation.
Did you know the average person uses more than half a tonne of copper during their lifetime? Sounds like a lot, doesnt it? Yet, in reality, copper is all around us from the electrical wiring in household appliances and cars to the saucepans in our kitchens and the brass knockers on our doors.
Oct 16, 20120183;32;The bulk of Kumbas iron ore production comes from Sishen mine, located in South Africas Northern Cape Province near the mining town of Kathu. Opened in 1947, Sishen mine is Kumbas flagship operation and one of the largest openpit mines in the world. It operates 24/7 and in 2011 produced 38,9 million tonnes of iron ore.
Kumba, as the parent holding company, has access to its iron ore Reserves and Resources through SIOC via a 73.9% shareholding. Ore Reserve and Mineral Resource estimates are stated in full (100% shareholding). The shares attributable to Sishen Iron Ore Company (SIOC), Kumba and Anglo American plc (AA plc) are summarised in Table 1.
Apr 25, 20190183;32;In an ironclad commitment to supporting small businesses operating within the communities in which it operates, Kumba Iron Ore has grown its procurement targets by 75% from R 500 million two years ago, to a target of R2 billion by the end of 2019.
Almost 340 applicants are waiting for approval of droneuse. For one of the nations largest iron ore producers, Kumba Iron Ore, drones are a large part of the business and drilling is hightech. The company uses drones and machines to drill holes and drop explosives for excavation.
part of Anglo American's Kumba Iron ore operation. The mine accounts for the majority of Kumba's iron ore production. The mining operation at Sishen dates to 1953. The first ore from the mine was exported in 1976. More than 900 million tonnes (mt) of iron ore has been produced over 60 years of
Kumba Iron Ore is a successor of Kumba Resources. Kumba Resources was listed on the JSE in 2001. Kumba Resources was reorganized in November 2006 when coal and heavy minerals operations were spun off to newly created companies Kumba Iron Ore (Heavy minerals) and Exxaro Resources(Coal).
Jul 26, 20180183;32;Kumba Iron Ore has vowed to take corrective action after train derailments allegedly cost it R2bn. But while Transnet has committed to working alongside SA's largest iron ore miner to address the issue, it says it was not entirely to blame for Kumba's revenue losses. According to Kumba
Vision, Mission amp; Values . To be a leading valueadding iron ore supplier to the global steel industry. Values Care and Respect . We always treat people with respect, dignity and common courtesy regardless of background, lifestyle or position. We make safety a way of life, inside
The health of the people in the communities near our operations is as fundamental to our business as the iron ore we discover underground. Thats why at our Kolomela mine in the Northern Cape of South Africa, we have teamed up with the Department of Health to lead