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    iron investing

    Kumba to Overturn Planned Kolomela Mine Strike

    Investing News Network
    Feb. 25, 2013 04:56PM PST
    Base Metals Investing

    Bloomberg reported that Kumba Iron Ore Ltd., which owns the biggest iron-ore operation in Africa, will go to the South African Labour Court to overturn a planned strike at its mine.

    Bloomberg reported that Kumba Iron Ore Ltd., which owns the biggest iron-ore operation in Africa, will go to the South African Labour Court to overturn a planned strike at its mine.

    As quoted in the market news:

    The company wants a permit to strike on Feb. 27 that was granted to the National Union of Mineworkers by the Commission for Conciliation, Mediation and Arbitration to be reversed, Gert Schoeman, a spokesman, said by e-mail.

    Click here to read the full Bloomberg report.

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