Kumba, Assore shares soar after Vale disaster

PUBLISHED: Thu, 31 Jan 2019 11:15:50 GMT


Exxaro share price was up over 4 per cent after it said it aims to double its coal exports through the Richards Bay export terminal by 2023 while Kumba and Assore gained a competitive advantage over their international rivals dependent on the Vale mine. This follows the dam disaster at a mine owned by Vale in Brazil last Friday. Peter Major, Director of Mining at Mergence Corporate Solutions joins CNBC Africa to give insight….

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