The latest KUMBA IRON ORE news on the web |
Mining news: KUMBA IRON ORENedbank Capital Arranges ZAR5.4B Facility For Kumba Iron OreEdited Press Release JOHANNESBURG (Dow Jones)–Nedbank Capital Wednesday said it has successfully concluded the advising and arranging of a funding package of 5.4 billion rand for Kumba Iron Ore Ltd. (KIO.JO). The deal enables Kumba, a leading South IMPALA PLATINUM, KUMBA IRON ORE SURGE - REUTERS, BLOOMBERGIMPALA PLATINUM SURGES - REUTERS, BLOOMBERG Source: Business Report Posted: 29/10/2008 IMPALA PLATINUM rose 9.8% to R98.50 yesterday. ANGLO PLATINUM RECOVERES LOSSES - REUTERS, BLOOMBERG Source: Business Report Posted: 29/10/2008 ANGLO PLATINUM rallied Kumba[miningmx.com] — KUMBA Iron Ore said the price for its exports is expected to rise by 100-110% on a rand per tonne basis. ‘ is pleased to announce the conclusion of benchmark price negotiations for the 2008/2009 iron ore year, well aligned with leading Kumba doubles iron-ore benchmark export priceJSE-listed Kumba Iron Ore (KIO) on Friday announced that it had concluded its benchmark price negotiations for the 2008/9 iron-ore year. The producer expected the average benchmark export price for its products to increase by between 100% and 110% on a rand a ton basis. Anglo American steps up new project spendKumba Iron Ore will invest R8.5bn in its new Sishen South iron ore mine as part of parent Anglo American’s surging capital expenditure programme. Releasing the group’s interims results for the six months to end-June, CEO Cynthia Carroll said Anglo’s Anglo American steps up investment in new projectsKumba Iron Ore will invest R8.5bn in its new Sishen South iron ore mine as part of parent Anglo American’s surging capital expenditure programme. Releasing the group’s interims results for the six months to end-June, CEO Cynthia Carroll said Anglo’s Kumba Iron Ore releases H1 financial resultsKumba Iron Ore Limited (?Kumba’) continued to deliver strong financial results. Revenue increased by 67% as a result of higher sales volumes, stronger iron ore prices and increased revenue from shipping services. Despite continued pressure on operating Kumba forecasts bumper profits for H2KUMBA Iron Ore plans to offset an expected three million tonne production shortfall of iron ore from its Sishen Expansion Project by between one million and 1.5 million tonnes, CEO Chris Griffith said on Wednesday. Kumba, which is 63% owned by Anglo Kumba’s H1 EPS boosted by Chinese demandKumba Iron Ore has reported a significant jump in earnings per share for the first half, due to a rise in Chinese demand for crude steel. JOHANNESBURG (Reuters) - Kumba Iron Ore , Africa’s top producer of iron ore, posted 8.90 rand in first-half New SA inflation hot issue in iron ore wage negotiationsTrade union Solidarity says lower inflation estimates for May by institutions such as Investec is making wage negotiations with Kumba Iron Ore tough, and this is just the beginning. Author: Tessa Kruger JOHANNESBURG - New lower inflation estimations in NUMSafety standard have deteriorated at Gold Fields - Frans Baleni general secretary, NUM NUM Posted: Thu, 10 Jul 2008 [miningmx.com] — The National Union of Mineworkers (NUM) declared disputes with Exxaro Coal, Kumba Iron Ore’s Sishen and De Beers, KIOJul 2008 [miningmx.com] — AFRICA’S biggest iron ore producer Kumba Iron Ore (KIO) forecast lower than expected first-half earnings per share, triggering a 4% fall in its shares, said Reuters. Kumba, majority owned by Anglo American said it expected Kumba shares fall on earnings forecastLOWER THAN EXPECTD H1 EARNINGS FORECAST Kumba Iron Ore has forecasted lower than expected earnings per share for the first half, causing a 4% fall in the firm?s shares. JOHANNESBURG (Reuters) - Africa’s biggest iron ore producer Kumba Iron Ore |
|
