Tag: iron ore

Kumba invests heavily on women, youth to drive growth

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.

Kumba sells loss-making iron ore mine to ArcelorMittal SA

Operations at the mine in northern South Africa ceased in September 2016 after a combination of factors, including high operating costs.