S.Africa's Kumba in talks with unions over closing Thabazimbi mine - CNBC Africa

S.Africa's Kumba in talks with unions over closing Thabazimbi mine

Mining

by Reuters 0

S.Africa's Kumba in talks with unions over closing Thabazimbi mine. PHOTO: shi-global

South Africa's Kumba Iron Ore is in talks with unions about closing its Thabazimbi mine, it said on Thursday, a shutdown that could lead to nearly 1,200 job losses.

"These are challenging times for the iron ore industry and difficult times for our employees and the mine's contractors," CEO Norman Mbazima said in a statement.

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