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iron-investing

Kumba Iron Ore Expands Kolomela

Investing News Network
Jul. 20, 2012 09:42AM PST
Base Metals Investing

Mining Weekly reported Kumba Iron Ore is expanding its Kolomela iron ore project.

Mining Weekly reported Kumba Iron Ore is expanding its Kolomela iron ore project.

As quoted in the market news:

Outgoing Kumba CEO Chris Griffith – who from September 1 takes as CEO of struggling Anglo American Platinum – tells Mining Weekly Online (also see video attached) that the company remains committed to producing 70-million tons of iron-ore a year in South Africa by 2019. Norman Mbazima, currently CEO of Anglo American Thermal Coal, will take over from Griffith as Kumba CEO, also on September 1.

 Click here to read the full Mining Weekly report.
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