Govt wants ArcelorMittal to sell its Saldanha plant - rather than shut it down

2019-11-11 21:29

Trade and Industry Minister Ebrahim Patel wants ArcelorMittal to 'reverse' a decision to close a plant in Saldanha.

Kumba Iron Ore: We're working with Transnet over derailments

2018-07-26 21:53

SA's largest iron ore miner says it is working closely with Transnet after six train derailments allegedly cost it R2bn.

Mining's biggest mystery is what Agarwal plans to do with Anglo

2017-09-21 19:31

As Anglo American’s board met this week as part of a 100-year celebration, executives were blindsided by news headlines: Indian mining tycoon Anil Agarwal was becoming the biggest shareholder.

JSE continues to slide, as resources take a hit

2017-06-01 17:46

The JSE slipped to a 5-week low as all key sectors closed in the red, with resource stocks taking most of the brunt.

Robots on the rise at Kumba

2017-02-19 07:23

Kumba Iron Ore has put R500m into innovative technology to reduce the costs of surveying and drilling.

Thabazimbi mine to be transferred to ArcelorMittal

2017-02-09 17:23

Sishen Iron Ore - a subsidiary of Kumba Iron Ore - and ArcelorMittal SA have entered into an agreement to transfer Thabazimbi mine to AMSA.

Kumba Iron Ore finalising its results

2017-01-30 13:44

Kumba Iron Ore, a member of the Anglo American group, is currently finalising its results for the year ended 31 December 2016.

Kumba expects higher earnings

2016-12-02 10:56

Kumba Iron Ore has announced that its headline earnings and basic earnings are likely to be at least 20% higher than the previous comparative period.

Kumba slapped with another R1bn tax bill

2016-09-13 11:26

Sishen Iron Ore Company, a subsidiary of Kumba, has received another hefty tax claim from the South African Receiver of Revenue.

Buy when bad news is good news

2016-03-30 12:47

There are schools of thought that suggest that when markets are at their worst and there is potential for recovery, it is a good time to buy. We look at some examples where this approach paid off.


Kumba's application to evict Dingleton residents struck from the roll

2018-09-07 20:48

Kumba Iron Ore's application to evict Dingleton residents has been struck from the roll for lack of urgency, says the residents' lawyer.

Kolomela mine boosts Kumba's production

2018-04-25 09:19

Kumba Iron Ore sees an increase of total production, with Kolomela mine contributing the most and Sishen mine trailing behind.

Iron Ore CEO who predicted crash, sees further slump

2017-07-26 08:00

Kumba Iron Ore's Themba Mkhwanazi correctly predicted in February that his company’s commodity would plunge by 40%. After a recent recovery, he has predicted it will fall again.

Mining company to begin mediation talks with Northern Cape community

2017-04-25 09:45

Kumba Iron Ore representatives are expected to enter into mediation talks with the Dingleton community in a bid to resolve a dispute over land in the area.

Anglo halts asset sales as unloved mines become cash cow

2017-02-17 19:31

Anglo American’s worst mines are delivering a windfall.

Kumba pays the piper, sort of...

2017-02-05 06:01

Kumba Iron Ore will pay less than half of the tax bill it received from Sars last year following audits of its export marketing practices during the commodities boom.

Anglo confronts messy divorce in SA birthplace

2016-12-08 07:04

While South African mines were cash cows for decades, Anglo now wants to sell them next year to cut debt accumulated during the commodity boom.

Kumba granted residual mining right

2016-10-13 11:32

The Department of Mineral Resources has granted Kumba Iron Ore the residual 21.4% share of the mining right for the Sishen mine.

Kumba Iron Ore sees weak prices for 2-3 years

2016-07-27 19:07

The iron-ore market will be oversupplied for two to three years, keeping prices low, as major miners bring projects on stream, according to Africa’s biggest producer.

SHARE WATCH: Volatility and negative interest rates

2016-03-14 07:39

This week's share watch focuses on volatility and negative interest rates, with Nedbank, MTN, Kumba and an ETF in the mix.

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