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23 Apr
16:39

Kumba Iron Ore output, sales decline

South African iron ore miner Kumba, a subsidiary of Anglo American, reported a 2% on-year decline in iron ore production in the first quarter to 9.27 million tonnes and a 10% drop in sales to 8.53mt. This is in line with the company's reconfiguration plan to adjust the performance of port and rail operator Transnet Logistics.  Kumba has two mines in South Africa’s Northern Cape Province. Sishen Mine Q1 production increased by 4% on-year and 10% on-q…
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