where is kumba iron ore located

Image courtesy of Graeme Williams, Media Club via Wikipedia. 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. Kumba exports iron ore to customers in a range of geographical locations around the globe including China, Japan, Korea and a number of countries in Europe and the Middle East. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our customers safely and sustainably. The final round of salary negotiations between Anglo American's Kumba iron-ore and its workforce have begun to break down due to the company's "inexplicable positioning", one union has said. The Kolomela mine is located 22km from Postmasburg in the Northern Cape province of South Africa. Kumba also offered a commitment containing a lot of contradictories to the reopening of negotiations if inflation were to rise above a certain percentage. Anglo South Africa owns a 69.7% interest in Kumba Iron Ore. But more than this, you'll find yourself in an environment where the opportunities for learning and growth are second to none. The mined ore is trucked to the nearby beneficiation plant. The R3.6 billion ultra-high dense media separation (UHDMS) project was approved by the Kumba board late last week. Our premium product strategy continues to benefit us through increasing demand for high quality iron ore products that have carbon emission reduction properties. We have released our annual reports for 2022. Why choose Kumba Iron Ore? It is the fifth largest iron-ore producer in the world and the largest in Africa. The proven and probable ore reserves at the mine were estimated to be 519.4Mt, including 507.1Mt from open-pit and 12.2Mt from run-of-mine buffer stockpiles), as of 31 December 2019. The Sishen mine is located 30km away from the town of Kathu in the Northern Cape Province, South Africa. Between 1988 and 1998, he held several leadership roles in the special alloys industry. The lithologies are identified to be of Griqualand West Supergroup. Kumba Iron Ore Limited Revises Production Guidance for the Full Year 2021 and 2022 and Provides Production Guidance for 2023 2020. (SPACs), Transportation, Infrastructure & Logistics. View all newsletters from across the GlobalData Media network. Find out more about the Lambasi agricultural initiative in South Africa, supported by the Zimele fund. Sishen mine has sufficient reserves to sustain a 14-year life of mine. A stacker-reclaimer is used at Kolomela to blend different grades of processed ore before shipment. Product is shipped with approximately 1.6% moisture. 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. - Image - Mining Technology", "Imperial Crown Trading 289 (Pty) Ltd.: Private Company Information - Businessweek", "Everything you wanted to know about the Sishen row", "S Africa's mines department reviews controversial issuance of iron-ore right", "Anglo American - Kumba Iron Ore - Our business", "Kumba Iron Ore's Universal Registration Document for 2020Q4", https://en.wikipedia.org/w/index.php?title=Kumba_Iron_Ore&oldid=1137141885, Mpumi Zikalala (CEO), Bothwell Mazarura (CFO), Vijay Kumar (COO), This page was last edited on 3 February 2023, at 00:52. [11] The Sishen mine jig plant is the largest of its kind in the world. Murray & Roberts Construction unit Concor Roads & Earthworks carried out the earthworks, as well the construction of a new railway line connecting the iron ore mine with the Sishen-Saldanha export line. It is our blueprint for the future of our business. Our team members at Kolomela mine have done an excellent job of ramping up the mine and sustaining its production since it has been operational from 2011. Most of the iron ore mined here was . View contact profiles from Kumba Resources Popular Searches Kumba Resources Kumba Kumba Iron Ore Site Kumba Resources Ltd Image courtesy of Anglo American. A fatigue centre designed to provide facilities for fatigue breaks was completed at the mine in 2013. Strong production combined with Transnet rail performing below expected levels, has resulted in materially higher levels of stock at the mines. 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. You can download them in our reporting centre. The ore quay at Saldanha has two berths where two vessels of 310,000 deadweight tonnage can simultaneously tie up at the iron ore jetty. Kumba's offer to Solidarity members will result in skilled workers subsidising increases for co-workers. 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 Kumba and Kumba expressly disclaims any responsibility for, or liability in respect of, such third-party information. The lump-to-fine ratio of Sishen in 2019 was 71:29. Ore is transported to the beneficiation and jig plant. Minas-Rio in Minas Gerais state in Brazil is a fully integrated export iron ore operation, with the mine, beneficiation plant, 529km slurry pipeline and dedicated export facility at the port of Au. Read all our news and learn more about our business. It respects that it is located in an ecologically sensitive area, and takes all measures possible to manage the area responsibly. View all 13 questions about Kumba Iron Ore. Where is Kumba iron ore situated or working sites or mines. Kumba Iron Ore holds a 76.3% interest in Sishen Iron Ore Company Proprietary Limited (SIOC), which owns a 100% stake in the Sishen mine. Sishen is our flagship operation and one of the largest open pit mines in the world some 14km long. Through the SIOC, Kumba Iron Ore owns Thabazimbi, Sishen and Kolomela iron ore mines. I consent to Verdict Media Limited collecting my details provided via this form in accordance with, Non-Metallic Mineral Mining and Quarrying, Navigating the carbon conundrum: solutions for a changing energy sector, Innovations in mining technology & services. Saldanha Bay port submits an annual environmental report in line with the Global Reporting Initiative. [7], Kumba Iron Ore Ltd. listed on the JSE in November 2006 with a market capitalization of R36 billion.[8]. This was partly offset by Sishens waste stripping increasing by 2% to 41.4 Mt due to improved mining stability and shovel availability. Kumba Iron Ore | 2,538 followers on LinkedIn. As an initial target, the joint venture will look to produce between 5 to 10 million tons of ore in its first year. Mpumi was appointed CEO of Kumba Iron Ore with effect from 1 January 2022. The mine accounts for the majority of Kumbas iron ore production. We build mines that are effective, cost-efficient and environmentally sound mines that minimise our environmental footprint while safeguarding our cash resources. The mine consists of seven open pits, including Leeuwfontein, Welgevonden, Kapstevel and Klipbankfontein. 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. CI. From start-ups to market leaders, uncover what they do andhow they do it. The jig plant at Sishen mine is the largest of its type in the world. At the end of 2021, the group operated 2 mines located in South Africa. From arrival to departure an ore vessel carrying 170,000 tonnes will be in Saldanha Bay for just 24 hours. 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. Image courtesy of Graeme Williams, Media Club via Wikipedia. The estimated ore reserves stood at 159.3Mt grading 63.7% Fe as of 31 December 2019. At Sishen we produce iron ore products which meet different specifications, according to our customers needs. 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. This mine is located in Stary Oskol in Belgrad. Read more Kumba Iron Ore, Corporate Office, Centurion is located at: Centurion, South Africa. We are pleased to inform our shareholders that our company has appointed Computershare to undertake an Asset Reunification Programme for shareholders who . The ore bodies delineate the western margin of the Kaapvaal Craton in the Northern Cape province. It is one of the largest open-pit mines producing iron ore in the world. Read all our news and learn more about our business. Find out more about the Lambasi agricultural initiative in South Africa, supported by the Zimele fund. 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. Discover what we expect from our suppliers and how to apply here. Kumba's revised full year 2022 guidance subject to potential logistics, weather and loadshedding disruptions, is as follows: Production and sales volumes referred to for the period are 100% of Sishen Iron Ore Company Proprietary Limited (SIOC), and attributable to shareholders of Kumba as well as to the non-controlling interests in SIOC. They ensure our product is able to reach customers around the world. Have you found what you were looking for? This translated into an average year to date realised FOB export iron ore price of US$181/wmt (equivalent to US$184/dmt), outperforming the average benchmark Platts 62 index FOB price of US$154/wmt (equivalent to US$157/dmt). The terminal operates 24/7 and has the capacity to offload 10,000 tonnes per hour onto a vessel. The ore quay at Saldanha has two berths where two vessels of 310,000 deadweight tonnage can simultaneously tie up at the iron ore jetty. Our logistics processes and infrastructure serve as the link between our operations and our clients. It is the fifth largest iron-ore producer in the world and the largest in Africa. Industrial Development Corporation holds 14% and the remaining is free float. Our mining operations are in the Northern Cape, while our port operations are in Saldanha Bay in the Western Cape Province. 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.". Location South Africa 87 reviews Ratings by category 3,8 Work-Life Balance 3,8 Pay & Benefits 3,3 Job Security & Advancement 3,6 Management 3,9 Culture Sort by Helpfulness Rating Date Language Found 87 reviews matching the search See all 89 reviews Our mining operations comprise the following: Sishen mine, is near the town of Kathu in the Northern Cape Province. We therefore expect to limit production in the months ahead and to finish the year at the low end of the production guidance range at 40.5 Mt. Safety and health 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. As a result, the sales guidance is also expected to be at the low end of the full year range at 39.5 Mt. We have seen an improvement in safety awareness and leadership, and a decrease in high-potential hazards and incidents. Massive trains weighing 34,200 tonnes leave our mines every nine hours, each train having five to six locomotives and 342 wagons which contain our iron ore. The Kolomela mine is located in the Northern Cape Province close to the town of Kathu, . Cloud mentions in company filings of mining industry decreased by 6% in Q1 2023. 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. MINAS-RIO - One of the worlds largest iron ore projects, when it was developed. However, total sales decreased by 9% relative to the 11.1 Mt achieved in the comparative period. The mine uses a fleet of P101-4100 shovels and 960 trucks. 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. Our logistics are the critical link between our operations and our customers. Certain statistical and other information about Anglo American included in this announcement is sourced from publicly available third-party sources. Read all our latest press releases, speeches and presentations. Due to continued rail constraints, export sales remained flat at 10 Mt compared to Q3 2021 and decreased by 2% relative to Q2 2022. Kumba's offer to Solidarity members will result in . Kolomela has a life of mine of 14 years. Nothing in this announcement should be interpreted to mean that future earnings per share of Kumba will necessarily match or exceed its historical published earnings per share. Give your business an edge with our leading industry insights. This announcement contains forward-looking statements which are based on the Companys current beliefs and expectations about future events. The comparative has been restated as Kumba previously reported on a dry basis. 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. Find out more about the Lambasi agricultural initiative in South Africa, supported by the Zimele fund. Sponsor Mining, production and unit costs Export customers are in a range of geographical locations around the globe, including China, Japan, India, South Korea and countries in Europe and MENA. The operational and financial information provided in this announcement are estimates and have not been reviewed and reported on by the Companys external auditors. We produce a high-grade iron ore that is one of the minerals that society needs to develop and prosper. The Sishen Jig Plant is the largest facility of its kind in the world. 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. 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 is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. The port at Saldanha Bay is the only dedicated iron ore export facility in South Africa and is larger than the countrys other four major ports combined. 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]. The final offer from Kumba Iron Ore was consequently rejected by Solidarity members. Our iron ore operations provide customers with high grade iron ore products which help our steel customers meet ever-tighter emissions standards. Get the latest Kumba Iron Ore Ltd KIROY detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. (2) Volumes, excluding waste stripping, are reported as wet metric tonnes. The ore body measures approximately 14km-long, 3.2km-wide and 400m-deep. Themba is a Vice President of the Minerals Council of South Africa. Sishens production was not impacted and guidance has been increased to ~27.5 Mt (from ~26.5 Mt). Tenova Bateman has been awarded a contract to supply a 50tph modular beneficiation plant based on UHDMS technology for the Sishen mine as part of this initiative. As a group, we sell iron ore domestically and internationally. As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and steelmaking coal, and nickel with crop nutrients in development we are committed to being carbon neutral across our operations by 2040. CI. Answered 17 August 2022 - Senior Control room Operator (Former Employee) - Kathu. Kumba Iron Ore Limited Revises Production Guidance for the Year 2022; Provides Production Guidance for the Year 2023, 2024, 2025 Dec. 08. The mining operation at Sishen dates back to 1953. Kumba Iron Ore owns 74% in Sishen Iron Ore Company (SIOC). Every day of the week, our iron ore is transported from our Sishen and Kolomela mines to Saldanha Bay by rail. This follows Solidarity's warning to the organisation last week, that negotiations will derail if Kumba continues with an offer lower than the CPI, as well as a lower offer compared to other workers. Kolomelas life is estimated to be 14 years, with potential for further expansion. The first production is expected to be completed in the first half of 2023. It is used in the construction of buildings and bridges, and manufacturing of vehicles and many household appliances. The project surpassed the expected full-scale production capacity of nine million tonnes per annum (Mtpa) in 2013. Product is shipped with approximately 1.6% moisture. 52-week range Today 33,991.00 Oct 28 2022. Kolomela lump iron ore is in demand because of its excellent physical strength and high iron content. It started commercial production in December 2011 and was awarded ISO 14001 certification in July 2013. The feasibility analysis for UHDMS is extended to the second half of 2020 to reassess a significant portion of the detailed engineering concept and to incorporate additional value-added products. The crushed ore is scalped and screened before being sent to the stockyard. KOLOMELA - Located around . Our exploration in South Africa is focused in the Northern Cape, close to our existing operations. The Sishen dense medium separation plant (DMS) achieved nameplate production capacity of 28.4Mt in 2008, which increased to 29Mt in 2009. View all newsletters from across the GlobalData Media network. Our premium product strategy continues to benefit us through increasing demand for high-quality iron ore products with carbon emission reduction properties. More than 900 million tonnes (Mt) of iron ore has been produced during 60 years of the mines operation. Kumba Iron Ore:. 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. In 2011, he was seconded to Rio Tintos Australian coal business, before taking up the role of regional general manager for the Americas in 2012. Given some interruptions experienced, there is a risk of overruns to that period. Our Kolomela lump iron ore is in demand because of its excellent physical strength and high iron content. Anglo American is re-imagining mining to improve peoples lives. Kolomela means to dig deeper or to persevere. It will produce an additional 0.73Mtpa while increasing the product yield of the jig plant by 3% when completed. 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. We have released our annual reports for 2022 including our Integrated Annual Report, Sustainability Report and Climate Change Report. The C1 unit cost . Our portfolio spans iron ore and manganese, metallurgical and thermal coal, copper, nickel . The ore quay at Saldanha has two berths where two vessels of 310,000 deadweight tonnage can simultaneously tie up at the iron ore jetty. [21][22], Kumba Iron Ore reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 910 Kt (-90 /-9% y-o-y). RAND MERCHANT BANK (A division of FirstRand Bank Limited), View full PDF of this press release (237KB, opens in a new window). Mining methods at Sishen are opencast mining. Average year-to-date (YTD) realised FOB export iron ore price of US$115 per wmt (US$117 per dry metric tonne (dmt)), 8.4% above the average benchmark price of US$106 per wmt (US$108 per dmt). Get industry leading news, data and analysis delivered to your inbox. Coral or Coal: Planning around the Great Barrier Reef, Critical minerals: why there is no such thing as a just transition (yet), Central Tanami gold project allocated $10m exploration budget, Musk Metals to acquire two Canadian lithium properties, AngloGold Ashanti to build renewable project in Australia, Transition accelerates but fossil fuels still dominate energy consumption: report, Internet of Things mentions in company filings of mining industry decreased by 32% in Q1 2023, Artificial Intelligence mentions in company filings of mining industry decreased by 54% in Q1 2023, Whos saying what? Ruben was also CEO of Kaolin Companies Par Pigments and Cadam two subsidiaries of Vale, between 2007 and 2009, and held various analysis, marketing and project roles in Vales Base Metals business which he joined in 1999. We have launched YourVoice, a service which provides you with a confidential and secure way to tell us about your concerns. We own 100% of Minas-Rio, with exception of the port facility, in which we own 50%. South Africa, For sales enquiries,please email: SalesandMarketing.Enquiries@angloamerican.com, 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, Marketing materials solutions for our customers, Asset Strategy and Reliability (Engineering), Electronic communication and proxy voting, SalesandMarketing.Enquiries@angloamerican.com.
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