Johannesburg - Kumba Iron Ore [JSE:KIO] is losing 120 000
tonnes of finished product per day due to an illegal strike at its Sishen mine, the producer of the steel-making ingredient said on Monday.
The company, a unit of global miner Anglo American
[JSE:AGL], added that it had sufficient production from other mines and
stockpiles to continue supplying its customers until mid-October.
Kumba, one of the world's top 10 producers of iron ore and
the largest in Africa, suspended operations at the mine on October 4 after
striking employees had blocked access to the pit.
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