Tag: iron ore
Increased procurement from local suppliers is one of the demands government has made to mining companies in the newly released mining charter. JSE listed Kumba Iron Ore has been at the forefront of black economic empowerment but what about local supplier development? Themba Mkhwanazi, CEO of Kumba Iron Ore joins CNBC Africa for more.
Operations at the mine in northern South Africa ceased in September 2016 after a combination of factors, including high operating costs.