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

by Reuters 0

S.Africa faces more job losses as Kumba Iron Ore moots Thabazimbi mine closure.

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.