Kumba is a supplier of highquality iron ore (64.5% average Fe) to the global steel industry. We operate primarily in South Africa, with mining operations in the Northern Cape, a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. Kumba has a 76.3% interest in Sishen Iron Ore Company Proprietary
Kumba Iron Ore is a supplier of highquality iron ore to the global steel industry, focused on creating and sharing value with a range of stakeholders.
Sishen mine. Sishen mine, is near the town of Kathu in the Northern Cape Province. Sishen is our flagship operation and one of the largest open pit mines in the world some 14km long. Sishen mine has sufficient reserves to sustain a 14year life of mine. The bulk of our iron ore production comes from Sishen mine, with most of it being exported.
We produce a highgrade iron ore that is one of the minerals that society needs to develop and prosper. Iron ore is the key component in steel, the most widely used of all metals. It is used in the construction of buildings and bridges, and manufacturing of vehicles and
economic environment in which kumba Iron ore (kumba) does business. The sharp decline in the price of iron ore since the second half of 2014 has put kumba and all its mining operations under severe pressure to implement cost cutting measures and develop more efficient and effective ways of
KUMBA IRON ORE Rope shovel at Sishen. 22 Cost savings are net of ~7% mining inflation per annum and structural changes including strip ratios, longer distances and increased lift. 3. Timing effects contributed $6/t. Products are priced in the month of arrival, resulting in a timing difference benefit in a rising market, and the opposite in