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Kumba sells loss making Thabazimbi iron ore mine to

Kumba Iron Ore said on Thursday it is selling its Thabazimbi mine to the mine's sole customer, ArcelorMittal South Africa (AMSA), for a nominal sum. Operations at the mine in northern South Africa ...

Kumba Iron Ore Thabazimbi

Thabazimbi Mine’s product is particularly low in contaminants, and is sold exclusively to ArcelorMittal South Africa. Total iron ore production is approximately 2,6 Mtpa. Thabazimbi’s life-of-mine has been extended to 2014 by including reserves now considered economical to mine given the change in iron ore prices over recent years.

Thabazimbi mine to be transferred to Kumba Iron Ore

Mining operations at Thabazimbi ceased on 1 September 2016. The identified assets and liabilities of the Mine will be transferred at a purchase consideration of R1 plus the assumed liabilities.

Latest New On Thabazimbi Kumba Iron Ore Mine

More job cuts at Kumba Iron Ore - HR Pulse. Home Archive of News Latest News News More job cuts at Kumba Iron Ore. More job cuts at Kumba Iron Ore. ... to the 800 jobs lost at the company’s Thabazimbi mine…get price