• The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

  • Losing the plot

    Parastatal leaders have lost focus of what they're supposed to do, says Nonkululeko Gobodo.

All data is delayed
See More

Kumba warns of 20% profit knock

Nov 13 2012 10:12

Company Data


Last traded 49
Change 3
% Change 8
Cumulative volume 933858
Market cap 0

Last Updated: 24-11-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA


Last traded 95
Change 2
% Change 3
Cumulative volume 3437575
Market cap 0

Last Updated: 24-11-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Amplats output hit by strikes

Kumba fires 120 employees

Cosatu, NUM roast Kumba

Kumba losing 120 000 tonnes daily

Strikes about more than wages - NGO

Police crack whip on Kumba strikers

Johannesburg - Kumba Iron Ore [JSE:KIO] warned on Tuesday that its full-year earnings will likely fall at least 20%, hit by a wildcat strike at its Sishen mine and lower export iron ore prices.

The company, a unit of global miner Anglo American [JSE:AGL], said it had so far lost about 2.6 million tonnes of finished product at Sishen, where output is still being hampered by low attendance.

Intimidation at the mine is being reported even after the end of an illegal strike that lead to the dismissal of about 200 employees, it said.

Kumba, one of the world's top 10 producers of iron ore and the largest in Africa, resumed operations at the mine on October 20 after they were halted by an illegal occupation.

At 09:31 the company's shares were down 2.21% at R529.07.

Kumba will report its earnings for the year to end-December on February 12.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

kumba iron ore  |  earnings reports



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote