Kumba to Overturn Planned Kolomela Mine Strike
Iron – Bloomberg reported that Kumba Iron Ore Ltd., which owns the biggest iron-ore operation in Africa, will go to the South African Labour Court to overturn a planned strike at its mine.
Articles Tagged "Kumba Iron Ore Ltd."
Kumba Iron Ore Annual Profit Falls 28%
Iron – Bloomberg reported that the owner of Africa’s largest iron ore mine, Kumba Iron Ore Ltd., said its full-year profit drops 28% on rising costs and reduced production and prices.
Kumba Iron Expects To Restart Production
Iron – Bloomberg reported Kumba Iron Ore Ltd. (LSE:KIO) expects to restart production within days at its Sishen mine in South Africa after a two-week strike at the Anglo American Plc (LSE:AAL) unit ended with police arrests.
Kumba, ArcelorMittal Agree To Extend Iron Ore Supply
Iron – Bloomberg reported Kumba Iron Ore Ltd. (ASX:KIO) agreed to extend a deal to supply ore from its Sishen mine to ArcelorMittal South Africa Ltd. (NYSE:MT) at below-market rates until the end of the year.
