Jump to Sections of this page Accessibility Help Press alt+ /to open this menu Facebook Email or phone Password Forgot account? We also support the South African governments objectives to maximise the developmental impact of the minerals sector. In a deal brokered in 2013, the high-grade haematite ore produced at Thabazimbi mine would be sold only to ArcelorMittal SA, while Kumba Iron Ore managed operations. Discover what we expect from our suppliers and how to apply here. The lump to fine ratio of the ore is 60:40. Have you found what you were looking for? Kolomela produced 13.2Mt of direct shipping iron ore in 2019. Benefits of Choosing Kumba Iron Ore. Wilfred brings more than 25 years of experience in the mining industry, most recently as CEO of Minerao Usiminas, the iron ore mining joint venture between Usiminas and Sumitomo, for nine years from 2009. The mine produces direct shipping iron ore. Postmasburg, Northern Cape Province, South Africa, Kumba Iron Ore (76.3%), and Black Economic Empowerment (BEE) shareholders (26.1%). Kumba Resources was reorganized in November 2006 when heavy minerals operations were spun off to the newly created company Kumba Iron Ore and coal to Exxaro Resources. We have launched YourVoice, a service which provides you with a confidential and secure way to tell us about your concerns. Centurion Gate, 124 Akkerboom Road, Centurion, 0157. Kumba Iron Ore - Wikipedia We have launched YourVoice, a service which provides you with a confidential and secure way to tell us about your concerns. Kumba Iron Ore owns 74% in Sishen Iron Ore Company (SIOC). We use dense-media and ultrahigh density media processing and jigging technologies to regulate the physical properties of the finished product, removing impurities and improving product quality. Be notified of any news, reports or updates straight to your email address, Keep up to date on social media or contact us with any other information. However, the combined impact of low levels of finished stock at Saldanha Port due to rail constraints year-to-date and industrial action at Transnet in October, has necessitated a revision to our full year 2022 export sales guidance from 38-40 Mt to 36-37 Mt. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Kumba, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Discover what we expect from our suppliers and how to apply here. Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. Before joining Kumba, Themba was managing director for Huntsman Tioxide in South Africa until 2007, when he was appointed COO of Richards Bay Minerals, a joint venture between Rio Tinto and BHP Billiton. The first production is expected to be completed in the first half of 2023. Transforming US energy landscape with hydrogen, Slurry pump innovation: Increasing the cost-effectiveness of oil sands tailings management, A Mining Industry Game-Changer: The TowHaul Multi-Purpose Gooseneck, Process Testing for Improving and Optimizing the Solvay Sodium Carbonate Production Process, Sensors and detectors for the mining industry, Energy and data transmission systems for mining equipment, Escondida Copper, Gold and Silver Mine, Atacama Desert, Lihir Gold Mine, Lihir Island, Papua New Guinea. The project surpassed the expected full-scale production capacity of nine million tonnes per annum (Mtpa) in 2013. The Kolomela iron ore mine is another operation of Kumba Iron Ore in Northern Cape. Mining stability increased in the third quarter of the year (the "period") following improved pit conditions and equipment availability. View all 13 questions about Kumba Iron Ore. Where is Kumba iron ore situated or working sites or mines. The drilling contract for the mine was awarded to Master Drilling. This is a result of improvements in shovel set up and haul truck payload demonstrating the effectiveness of the mining recovery plan. Kumba continues to build on its fatality-free record of over five years through its relentless focus and commitment to safe and responsible production. Integrated Report 2021. Kumba Iron Ore, Corporate Office, Centurion is located at: Centurion, South Africa. Industrial Development Corporation holds 14% and the remaining is free float. Mpumi was appointed CEO of Kumba Iron Ore with effect from 1 January 2022. The lithologies are identified to be of Griqualand West Supergroup. High iron (Fe) content of all products. Kumba Iron Ore: Admin Learnerships 2023 / 2024 | STUFNews Total sales were 9% lower at 10.1 Mt (Q3 2020: 11.1 Mt), due to equipment breakdown and weather-related disruptions at Saldanha Port. Cloud mentions in company filings of mining industry decreased by 6% in Q1 2023. It holds approximately 76.3% interest in Sishen. Low undersize of lump ore. [5][6], Kumba Iron Ore is a successor of Kumba Resources, which was listed on the Johannesburg Securities Exchange in 2001. 200 60 andar Santa Lucia Image courtesy of Graeme Williams, Media Club via Wikipedia. Waste stripping was driven by a 6% increase at Sishen Mine to 40.7 Mt (Q2 2021: 38.6 Mt) and a 2% increase at Kolomela to 16.1 Mt (Q2 2021: 15.8 Mt). Read all our news and learn more about our business. RAND MERCHANT BANK (A division of FirstRand Bank Limited), View full PDF of this press release (237KB, opens in a new window). As such, it has not been independently verified and presents the views of those third parties, though these may not necessarily correspond to the views held by Anglo American and Anglo American expressly disclaims any responsibility for, or liability in respect of, such information. Since H1 2022, as operating conditions improved during the drier winter months, we have seen a marked progress in operational performance overall. Mpumi is a former De Beers Group bursar and officially joined De Beers in 2001 as a process engineer. Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Kumba | Cameroon | Britannica In addition, our waste mining guidance has been revised to 180-210 Mt (from 190-220 Mt). Export customers are in a range of geographical locations around the globe, including China, Japan, India, South Korea and countries in Europe and MENA. Strong performance of the 2,800 shovel fleet in 2019 allowed the mine to exceed equipment efficiency targets. Mining, production and unit costs Our production process consists of: exploration; planning and building; mining; processing and blending; shipping; marketing and selling. Meanwhile, Kumba's iron-ore sales for the fourth quarter decreased by 35% to 6.9-million tonnes, while full-year sales were 9% lower year-on-year at 36.6-million tonnes. Finished stock levels were at 4.6 Mt, similar to that of 4.5 Mt in Q2 2022. Prior to joining the Group in 2012, Ruben was head of mining at Votorantim Metals in Brazil, responsible for projects and exploration activities around the world, as well as operations in Peru and Colombia. Read all our latest press releases, speeches and presentations. Product is shipped with approximately 1.6% moisture. The reserves comprise 103.9Mt of proved reserves grading 63.5% Fe and 55.4Mt of probable reserves grading 64% Fe. Kolomela lump iron ore is in demand because of its excellent physical strength and high iron content. Ubuntu Harmony liquefied natural gas (LNG) vessel, Be notified of any news, reports or updates straight to your email address, Keep up to date on social media or contact us with any other information. Rosebank Total waste stripping decreased by 5% to 53.8 Mt relative to Q3 2021 (the comparative period), driven by a 23% decrease to 12.4 Mt at Kolomela. The wagons are offloaded at the Saldanha port and from there, the ore is transported via conveyor belt to stockpiles, onto a vessel waiting in the harbour, or to the ArcelorMittal South Africa Saldanha stockpile. Find out more about the Lambasi agricultural initiative in South Africa, supported by the Zimele fund. Saldanha Bay port submits an annual environmental report in line with the Global Reporting Initiative. The ore undergoes dense media separation (DMS) and the jig processes at the beneficiation plant. Does the hype around generative AI reflect its technology progress? Safety and health are always our top priority as we continued to drive a strong safety culture while staying focused on achieving increased rates of vaccination amongst our workforce and their families. The ore undergoes primary, secondary and tertiary crushing at the plant. Of all the metals that make modern life possible, steel is the most widely used and iron ore is its main ingredient. MINAS-RIO - One of the worlds largest iron ore projects, when it was developed. Such forward-looking statements are based on numerous assumptions regarding Anglo American's present and future business strategies and the environment in which Anglo American will operate in the future. Due to continued rail constraints, export sales remained flat at 10 Mt compared to Q3 2021 and decreased by 2% relative to Q2 2022. We have a 75.37% interest in Sishen Iron Ore Company Proprietary Limited (SIOC), an entity that we manage. The mine produced 19.8 million tonnes in 2020 and it had a large 18.2% share in the Russian iron ore production in 2020. What we do | Anglo American - Kumba Iron Ore Total sales improved by 9% in the period to10.1 Mt relative to volumes of 9.2 Mt in Q2 2021 despite equipment breakdown and weather-related disruptions. View Kumba Iron Ore Ltd's company headquarters address along with its other key offices and locations. Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities. Be notified of any news, reports or updates straight to your email address, Keep up to date on social media or contact us with any other information. We are focusing on driving an operationally safe way of work across our operations, through our Stand Up For Safety programme, recently launched at our Global Safety day. Mining at Sishen is carried out as part of Anglo Americans Kumba Iron Ore operation. Kolomela means to dig deeper or to persevere. Sishen Mine is situated in Kathu in the Northern Cape Province. We own 100% of Minas-Rio, with exception of the port facility, in which we own 50%. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape Province. We are one of the world's largest mining companies. Our safety commitments have kept our business fatality-free since 2016. As a result, the sales guidance is also expected to be at the low end of the full year range at 39.5 Mt. Asked 17 July 2017. Prior to that, Bill led iron ore project implementation for Vale, following a number of commercial and financial roles with Vale over 14 years, including in MBR, one of Vales biggest subsidiaries. We are pleased to inform our shareholders that our company has appointed Computershare to undertake an Asset Reunification Programme for shareholders who . Ruben was appointed CEO of Base Metals on 1 March 2019. It is our blueprint for the future of our business. Mpumi holds a BSc in chemical engineering from the University of the Witwatersrand and completed leadership development at the London Business School. Kumba Iron Ore | 2,538 followers on LinkedIn. Kolomela mine, is near Postmasburg in the Northern Cape Province. From arrival to departure an ore vessel carrying 170,000 tonnes will be in Saldanha Bay for just 24 hours. As part of her production journey, she worked on process improvement and plant design projects, she also worked in various leadership levels within production management. In 2010, Kumba Iron Ore started legal proceedings against Imperial Crown Trading 289[19] and the Ministry of Mines for the issuance of a mining licence after ArcelorMittal SA did not complete paperwork by the due date and failed to convert their 21.4% undivided share. Such forward-looking statements are based on numerous assumptions regarding Kumbas present and future business strategies and the environment in which Kumba will operate in the future. Kumba Iron Ore Ltd, KIO:JNB summary - FT.com - Financial Times Export sales of 10 Mt were flat year-on-year and 2% lower relative to Q2 2022 as rail constraints kept finished stock levels low at Saldanha Port. Themba was appointed CEO of Bulk Commodities on 1 January 2022. Kumba Iron Ore sticks to its key values and purposes by ensuring high performance from its company whilst also taking meaningful action. Answered 8 April 2018. We can surely help you find the best one according to your needs. Domestically, we sell ore to ArcelorMittal SA. [14] However, in February 2015, Kumba announced that the Thabazimbi mine was no longer economically viable.[15]. Volumes, excluding waste stripping, are reported as wet metric tonnes. Be notified of any news, reports or updates straight to your email address, Keep up to date on social media or contact us with any other information. We mine by opencast methods and then transport the ore to the beneficiation plant where it is crushed, screened and beneficiated. Kolomela has a life of mine of 14 years. An infrastructure upgrade was undertaken at the mines dense media separation (DMS) plant in 2019, along with a drill performance improvement project. Mining methods at Sishen are opencast mining. Sishen mine has sufficient reserves to sustain a 19-year LoM. He has extensive experience in the resources industry, including 18 years in his native South Africa, as well as in the USA and Australia. Manganese is a vital component of stainless steel and many advanced alloys. Solidarity declares dispute with Kumba Iron Ore [20] This led to the assets reverting to the State, which then awarded the licence to a previously unknown company, Imperial Crown Trading 289. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Kumbas financial position, business, acquisition and divestment strategy, dividend policy, plans and objectives of management for future operations (including development plans and objectives relating to Kumbas products, production forecasts and Ore Reserves and Mineral Resource estimates), are forward-looking statements. Overall, we are seeing ongoing market recognition for the premium quality properties of our iron ore products, including for their carbon emission reduction properties in the steelmaking process. The Sishen mine is located 30km away from the town of Kathu in the Northern Cape Province, South Africa. Where is Kumba iron ore situated or working sites or mines Our metals are the essential ingredients in smartphones, electric cars, wind turbines; and our diamonds fulfil your dreams. Since the first half of the year, rising diesel prices and slower than anticipated ramp-up in operational efficiencies and cost savings have led to an upward revision in Sishens unit cost guidance from R410 R420/t to R430 R440/t. Managed Operations included De Beers Group's operations in South Africa and Canada. The Sishen Jig Plant is the largest facility of its kind in the world. The company primarily operates in South Africa, with mining . Overview Commitment to sustaining a fatality-free workplace and further improving health and broader safety performance. Potential investors will gain from Kumba Iron Ore in the following ways, for example: 1. In 2010, Kumba Iron Ore was one of the more successful divisions of Anglo American plc, continuing to pay dividends to shareholders while Anglo American and Anglo Platinum had suspended dividends in 2008.[9]. Kumba Iron Ore produces both high quality lump (64.0%Fe) and high grade sinter fines (63.5%Fe) for the domestic and export markets. Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this announcement. The mine accounts for the majority of Kumbas iron ore production. You can download them in our reporting centre. About Us. Commitment to sustaining a fatality-free workplace and further improving health and broader safety performance. Kumba's offer to Solidarity members will result in . Kumba plans Sishen UHDMS iron ore project kick off Get industry leading news, data and analysis delivered to your inbox. The mine accounts for the majority of Kumba's iron ore production. Where is Kumba Iron Ore, Corporate Office, Centurion? More broadly, economic slowdown, energy shortages in Europe and rolling Covid lockdowns in China have weighed negatively on steel demand and iron ore prices. Certain statistical and other information about Anglo American included in this announcement is sourced from publicly available third-party sources. Mining at Sishen is carried out as part of Anglo American's Kumba Iron Ore operation. Kumba Iron Ore enters R1.6bn community-based joint venture Upvote. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Transportation, Infrastructure and Logistics, Get exclusive access to more locations data when you unlock full profile, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Kumba also offered a commitment containing a lot of contradictories to the reopening of negotiations if inflation were to rise above a certain percentage. The mine is operated by the Anglo American group company Kumba Iron Ore through its subsidiary Sishen Iron Ore Company (SIOC). Safety is our first value and our priority is ensuring that our colleagues return home safely each day. Kumba Iron Ore - About Us Saldanha Bay port submits an annual environmental report in line with the Global Reporting Initiative. To view the webcast, visit our Financial Results Centre. CI. Kumba Iron Ore Ltd is engaged in exploration, mining, processing blending and sale of iron ore to the global steel industry. Kumba Iron Ore Limited Revises Production Guidance for the Full Year 2021 and 2022 and Provides Production Guidance for 2023 2020. The mine produces direct shipping iron ore. This announcement contains forward-looking statements which are based on the Companys current beliefs and expectations about future events. We build mines that are effective, cost-efficient and environmentally sound mines that minimise our environmental footprint while safeguarding our cash resources. It is the fifth largest iron-ore producer in the world and the largest in Africa. Our exploration in South Africa is focused in the Northern Cape, close to our existing operations. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a corporate leader. Kumba Iron Ore: Contact Details and Business Profile - RocketReach Image courtesy of Anglo American. By the end of Q3 2022 (the "period"), Kumba had achieved over six years of being fatality-free, in line with our Elimination of Fatalities safety strategy. Beyond regulation: What is driving electrification in mining? Kolomela Iron Ore Mine, Northern Cape - Mining Technology The extracted ore from the mine is sent to the nearby processing plant. Given some interruptions experienced, there is a risk of overruns to that period. Between 2009 and 2011, he was COO at Vale Fertilizers, responsible for the fertiliser operations, sales and marketing. Kumba Iron Ore I Projects IQ Answered 17 August 2022 - Senior Control room Operator (Former Employee) - Kathu. Average year to date realised FOB export iron ore price of US$181 per wmt (US$184 per dry metric tonne (dmt)), 17.5% above the average benchmark price of US$154 per wmt (US$157 per dmt), reflecting the benefit of our diversified market strategy. The first impact studies of the project were carried out in 2001, although the exploration works for the project were undertaken in the 1950s. Safety and health We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. The model follows a phased implementation beginning at the project set-up phase and terminating with the stabilisation and sustaining phases. Iron ore is needed for train tracks and other types of infrastructure, which is one reason for the great demand from emerging economies such as China and Brazil. Logistics | Anglo American - Kumba Iron Ore Find out more about the Lambasi agricultural initiative in South Africa, supported by the Zimele fund. Strong production combined with Transnet rail performing below expected levels, has resulted in materially higher levels of stock at the mines. It is our blueprint for the future of our business. Read all our news and learn more about our business. Sishen maintained a consistent rate of production and Kolomela improved by 22% as operations began to normalise following the headwinds experienced earlier in the year. Anglo American (Kumba Iron Ore Operation). Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of the highest quality iron ore to the global steel industry. The mine is operated with a fleet of P101-4100 shovels and 960 trucks. Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. Sishen mine has sufficient reserves to sustain a 14-year life of mine. As a result, less fine particles are lost to the off-gas and the load becomes more . Finished stock of 6.9 Mt (30 June 2021: 6.1 Mt), with high levels of on-mine stock as a result of rail performing below planned levels. Consequently, we have maintained our full year 2022 production guidance, although at the lower end of 38-40 Mt, despite the impact of industrial action at Transnet in October and the subsequent delay in Transnets annual maintenance shut. Discover what we expect from our suppliers and how to apply here. The construction works of the R8.46bn ($933m) project started in mid-2008 and were completed by July 2011. [17][18] 2019 iron ore production: 13.2 MT. Beyond regulation: What is driving electrification in mining? In South Africa, we have a majority share (69.7%) in Kumba Iron Ore, while in Brazil we have developed the integrated Minas-Rio operation. Production increased to 10.8 Mt, while equipment breakdown at Saldanha Port and weather disruptions affecting ship movements at the port led to lower sales of 10.1 Mt. From a health perspective, we continue to work with the rest of Anglo American in South Africa to successfully reduce the number of positive Covid-19 cases through our on-site protocols and are collaborating with health authorities to ramp-up vaccination rates at our operations and among our host communities. This contributed to Kumba achieving a year-to-date average realised price of US$115 per wet metric tonne (wmt) for Q3 2022, 8.4% above the benchmark price.". KUMBA IRON ORE LIMITED. Kumba Iron Ore: - RSA Bursary and Learnerships Channel - Facebook Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Maintained strong safety performance and improved pace of workforce vaccination. Sishen open-cast mine located in the Northern Cape Province of South Africa produces high grade hematite ore. Read all our news and learn more about our business. Johannesburg Our logistics processes and infrastructure serve as the link between our operations and our clients. Discover all of our policies and data relating to our ESG performance here. Given these impacts and the ongoing challenge of cost inflation, driven by high diesel prices and supply chain disruptions, particularly following the Transnet strike, Kolomelas unit cost guidance has been revised to R505 R525/t (from R420 R440/t).