July 23 (Reuters) - Kumba Iron Ore Ltd ::KUMBA IRON ORE LTD - HY HEADLINE EARNINGS UP 239% TO R10.1 BILLION OR R31.51 PER SHARE.KUMBA IRON ORE LTD - INTERIM CASH DIVIDEND OF R30.79 PER SHARE.KUMBA IRON ORE LTD - KUMBA EXPERIENCED OPERATIONAL CHALLENGES IN FIRST HALF, LARGELY DUE TO UNSCHEDULED MAINTENANCE.KUMBA IRON ORE - HY TOTAL TONNES MINED DECREASED MARGINALLY BY 2% TO 138 MT (H1 2018: 140.4 MT).KUMBA IRON ORE - FULL YEAR TOTAL PRODUCTION GUIDANCE HAS BEEN REVISED TO 42 MT TO 43 MT FROM 43 MT TO 44 MT.KUMBA IRON ORE LTD - FULL YEAR GUIDANCE FOR SALES REMAINED CONSTANT AT 43 MT TO 44 MT.KUMBA IRON ORE - SISHEN'S FY PRODUCTION GUIDANCE REVISED TO BETWEEN 29 MT AND 30 MT, WHILE WASTE GUIDANCE REMAINS UNCHANGED AT 170 MT TO 180 MT.KUMBA IRON ORE LTD - KOLOMELA'S UNIT FY CASH COST GUIDANCE WAS REVISED DOWN TO BETWEEN R255/TONNE AND R265/TONNE..KUMBA IRON ORE LTD - CAPITAL EXPENDITURE FOR 2019, INCLUDING DEFERRED STRIPPING, WAS REVISED SLIGHTLY HIGHER TO R4.9 BILLION TO R5.1 BILLION.
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May 14 (Reuters) - Kumba Iron Ore Ltd ::TRADING STATEMENT FOR THE SIX MONTHS ENDING 30 JUNE 2019.HY HEADLINE EARNINGS PER SHARE AND EARNINGS PER SHARE ARE EXPECTED TO INCREASE BY AT LEAST R14.90 AND R14.73 (AT LEAST 160%).EXPECTED TO DELIVER STRONGER HY DUE TO HIGHER AVERAGE IRON ORE EXPORT PRICES, WEAKER AVERAGE RAND/US DOLLAR EXCHANGE RATE.
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April 25 (Reuters) - Kumba Iron Ore Ltd ::KUMBA IS ON TRACK TO DELIVER ITS SALES AND PRODUCTION GUIDANCE OF 43-44MT FOR 2019.QTRLY TOTAL SALES OF 10.9MT WERE IN LINE WITH Q1 2018, WITH EXPORT SALES INCREASING BY 2% TO 10.1MT.2019 GUIDANCE IS UNCHANGED.
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Dec 10 (Reuters) - Kumba Iron Ore Ltd ::JSE: KIO - IRON ORE EXPORT CHANNEL REOPENED.EXPECTATION OF MEETING LOWER END OF ITS 2018 GUIDANCE IS UNCHANGED.IOEC REOPENED BY TRANSNET ON 7 DEC, TWO DAYS EARLIER THAN EXPECTED, AND THAT OPERATIONS ON RAIL LINE HAVE RESUMED.2018 GUIDANCE IS 43-44 MT FOR TOTAL PRODUCTION AND 42-44 MT FOR TOTAL SALES.
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Nov 30 (Reuters) - Kumba Iron Ore Ltd ::KUMBA IRON ORE - TRANSNET INFORMED CO THAT TEMPORARY BRIDGE WILL BE CONSTRUCTED, IOEC LINE EXPECTED TO BE REOPENED ON DEC 9 .JSE: KIO - IRON ORE EXPORT CHANNEL DISRUPTED DUE TO RAILWAY BRIDGE DAMAGE.KUMBA IRON ORE - KUMBA NOTIFIED BY TRANSNET OF AN INCIDENT ON A PUBLIC ROAD AT A RAILWAY BRIDGE THAT HAS CLOSED IRON ORE EXPORT CHANNEL (IOEC).KUMBA IRON ORE LTD - KUMBA'S 2018 GUIDANCE WAS 43-44MT FOR TOTAL PRODUCTION AND 42-44MT FOR TOTAL SALES.KUMBA IRON ORE LTD - CURRENTLY ANTICIPATES THAT LOWER END OF ITS 2018 GUIDANCE WILL BE MET.
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Feb 13 (Reuters) - Kumba Iron Ore Ltd ::FY EBITDA OF R19.6 BILLION, A 6 % INCREASE.FY ATTRIBUTABLE FREE CASH FLOW OF R12.3 BILLION, UP 10%.FY HEADLINE EARNINGS OF R9.7 BILLION, R30.47 PER SHARE, A 12% INCREASE.FINAL CASH DIVIDEND OF R15 PER SHARE, WITH TOTAL DIVIDEND OF R30.97 PER SHARE.KUMBA ACHIEVED AN AVERAGE CASH BREAKEVEN PRICE OF US$40/TONNE (62%FE CFR CHINA), AN INCREASE OF US$11/TONNE FROM AVERAGE FOR 2016 YEAR.TOTAL TONNES MINED AT SISHEN INCREASED BY 12% TO 199.5 MT (2016: 178.3 MT) WITH 39% FEWER TRUCKS.TOTAL TONNES MINED INCREASED BY 12% TO 71.8 MT (2016: 64 MT).FY TOTAL REVENUE INCREASED BY 14% TO R46.4 BILLION COMPARED TO R40.8 BILLION FOR 2016.FULL YEAR PRODUCTION GUIDANCE FOR 2018 IS BETWEEN 44 TO 45 MT.SISHEN IS EXPECTED TO PRODUCE BETWEEN 30 TO 31 MT OF PRODUCT AND MINE BETWEEN 170 TO 180 MT OF WASTE IN 2018.KOLOMELA'S PRODUCTION GUIDANCE FOR 2018 IS AROUND 14 MT AND WASTE OF 55 TO 57 MT..TOTAL SALES VOLUMES OF 44 TO 45 MT ARE EXPECTED IN 2018.CAPITAL EXPENDITURE FOR 2018, INCLUDING DEFERRED STRIPPING, IS EXPECTED TO BE IN RANGE OF R3.9 BILLION TO R4.1 BILLION.
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Feb 9 (Reuters) - Kumba Iron Ore Ltd ::SEES FY HEADLINE EARNINGS LIKELY TO RISE TO R9,300 MILLION-R9,985 MILLION, HEPS LIKELY TO BE BETWEEN R29.13 AND R31.27.IMPROVED OPERATIONAL PERFORMANCE AT SISHEN MINE, DUE TO IMPROVED LEVELS OF PRODUCTION AND OPERATING EFFICIENCIES, NECESSITATED AN ASSESSMENT OF RECOVERABLE AMOUNT.IMPROVED OPERATIONAL PERFORMANCE AT SISHEN MINE RESULTED IN AN IMPAIRMENT REVERSAL RELATING TO SISHEN MINE OF R4.8 BILLION IN 2017.
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Oct 24 (Reuters) - Anglo American Plc ::ANGLO AMERICAN PLC - Q3 2017 DIAMOND PRODUCTION 9.2 MILLION CARATS VERSUS 6.3 MILLION CARATS IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 COPPER PRODUCTION FROM RETAINED OPERATIONS 147,300 TONNES VERSUS 139,800 TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 PLATINUM PRODUCTION 621 KOZ VERSUS 619 KOZ IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 IRON ORE PRODUCTION FROM KUMBA 11.5 MILLION TONNES VERSUS 11.8 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 IRON ORE PRODUCTION FROM MINAS-RIO 4.2 MILLION TONNES VERSUS 4.5 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR DE BEERS FULL YEAR PRODUCTION GUIDANCE HAS BEEN REVISED TO ABOUT 33 MILLION CARATS.ANGLO AMERICAN PLC - Q3 2017 EXPORT METALLURGICAL COAL PRODUCTION 5.5 MILLION TONNES VERSUS 5.1 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR COPPER FULL YEAR PRODUCTION GUIDANCE HAS BEEN TIGHTENED TO 570,000 - 580,000 TONNES.ANGLO AMERICAN PLC - Q3 2017 EXPORT THERMAL COAL PRODUCTION 6.3 MILLION TONNES VERSUS 7.4 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 NICKEL PRODUCTION 11,200 TONNES VERSUS 11,300 TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR PLATINUM PRODUCTION GUIDANCE (METAL IN CONCENTRATE) HAS BEEN LOWERED TO 2.30 - 2.35 MILLION OUNCES.ANGLO AMERICAN PLC - FOR IRON ORE BRAZIL FULL YEAR PRODUCTION GUIDANCE REMAINS UNCHANGED AT 16-18 MILLION TONNES (WET BASIS)..
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Sept 13 (Reuters) - TRADE UNION SOLIDARITY: :SOLIDARITY SIGNS FAVOURABLE WAGE AGREEMENT WITH KUMBA.TOGETHER WITH NUM RATIFIED AND SIGNED COLLECTIVE AGREEMENT ON WAGES AND OTHER CONDITIONS OF SERVICE THAT HAD BEEN REACHED WITH KUMBA ON 7 JULY.KUMBA EMPLOYEES WILL BE REMUNERATED RETROSPECTIVELY AND WILL ALSO RECEIVE A ONCE-OFF MONETARY BENEFIT TO VALUE OF R25,046,26 (AFTER TAXATION).THIS AGREEMENT WILL APPLY TO NEXT THREE YEARS.
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