Kumba Iron Ore

Kumba Iron Ore is an iron ore mining company in South Africa. It is the fourth largest iron ore producer in the world and the largest in Africa.[1][2]

Contents

History

Kumba Iron Ore is a successor of Kumba Resources. Kumba Resources was reorganized in November 2006 when coal and heavy minerals operations were spun-of to newly created company Exxaro Resources.[3]

Operations

Kumba Iron Ore owns 74% in Sishen Iron Ore Company (SIOC). Rest of SIOC is owned by Exxaro, SIOC Employee Share Participation Scheme and the SIOC Community Development Trust. Through the SIOC, Kumba Iron Ore owns Thabazimbi and Sishen iron ore mines.

Ownership

Shareholders of Kumba Iron Ore are:

References

  1. ^ "An MBendi Profile - Organisation: Exxaro Resources Limited". http://www.mbendi.com/orgs/cqwc.htm. Retrieved 2009-04-02. 
  2. ^ Onstad, Eric (2009–07–10). "Anglo American names new chairman". Reuters. http://uk.reuters.com/article/idUKTRE56912G20090710?sp=true. Retrieved 2009–08–01. 
  3. ^ "Kumba, Eyesizwe venture wins new coal rights". Reuters. 2006–11–13. http://uk.reuters.com/article/idUKL1329909620061113. Retrieved 2009–08–01. 

External links