BUSINESS STRATEGY: Kumba Iron Ore – Kapstevel in South Africa
It employs over 2 600 people, including contractors. The proven and probable ore reserves are estimated to be 172.4 Mt at 63.1% average iron while the total mineral resource is estimated at 150 Mt at 62.6% average iron. While the current life of mine of Kolomela is 13 years, Kumba has an active exploration programme in the …
