Edition:
India

Kumba Iron Ore Ltd (KIOJ.J)

KIOJ.J on Johannesburg Stock Exchange

51,149.00ZAc
18 Sep 2020
Change (% chg)

203.00 (+0.40%)
Prev Close
50,946.00
Open
51,749.00
Day's High
52,229.00
Day's Low
51,149.00
Volume
543,460
Avg. Vol
394,523
52-wk High
58,174.00
52-wk Low
20,525.00

Latest Key Developments (Source: Significant Developments)

Kumba Iron Ore Says 2019 Production Guidance Revised To 42-43 MT From 43-44 MT
Thursday, 18 Jul 2019 

July 18 (Reuters) - Kumba Iron Ore Ltd ::JSE: KIO - KUMBA PRODUCTION AND SALES REPORT, AND TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2019.KUMBA IRON ORE LTD - KUMBA'S TOTAL SALES FOR FIRST HALF INCREASED BY 1.0% TO 21.3 MT (H1 2018: 21.2MT).KUMBA IRON ORE - HY TOTAL PRODUCTION DECREASED BY 11.0% TO 20.1 MT (Q2 2018: 22.4 MT).KUMBA IRON ORE LTD - PRODUCTION GUIDANCE FOR 2019 IS REVISED TO 42-43 MT, FROM 43-44 MT..KUMBA IRON ORE LTD - FULL YEAR SALES GUIDANCE IS UNCHANGED AT 43-44 MT.KUMBA IRON ORE - SEES HY BASIC EARNINGS TO BE BETWEEN R9,743 MILLION AND R10,246 MILLION.KUMBA IRON ORE LTD - SEES HY BASIC EPS TO BE BETWEEN R30.41 AND R31.98, AN INCREASE OF BETWEEN 230% AND 247%.KUMBA IRON ORE - SEES HY HEADLINE EARNINGS LIKELY TO BE BETWEEN R9,779 MILLION AND R10,284 MILLION.KUMBA IRON ORE - SEES HY HEPS ARE LIKELY TO BE BETWEEN R30.52 AND R32.10, AN INCREASE OF BETWEEN 228% AND 245%..  Full Article

Kumba Iron FY Headline Earnings Of R30.28 Per Share
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Kumba Iron Ore Ltd ::FY HEADLINE EARNINGS OF R30.28 PER SHARE.FY FINAL CASH DIVIDEND OF R15.73 PER SHARE, TOTAL DIVIDEND OF R30.24 PER SHARE.FULL YEAR PRODUCTION GUIDANCE IS BETWEEN 43 MT AND 44 MT.FY TOTAL SALES VOLUMES ARE LIKELY TO BE BETWEEN 43 MT AND 44 MT.FY UNIT COSTS ARE EXPECTED TO BE BETWEEN R315/TONNE AND R325/TONNE FOR SISHEN AND BETWEEN R265/TONNE AND R275/TONNE FOR KOLOMELA.FY TOTAL REVENUE DECREASED BY 1% TO R45.7 BILLION COMPARED TO R46.4 BILLION FOR 2017.2019 OUTLOOK FOR CAPITAL EXPENDITURE, INCLUDING DEFERRED STRIPPING, IS EXPECTED TO BE IN RANGE OF R4.6 BILLION TO R4.8 BILLION..FY TOTAL TONNES MINED INCREASED 8% TO 292.5 MT WITH OPERATING EFFICIENCY IMPROVING FROM 58% LAST YEAR TO 65% OF BENCHMARK IN 2018.BEYOND 2019, ANTICIPATED THAT EXPANSION CAPITAL WILL INCLUDE AMONGST OTHERS, OUR UHDMS TECHNOLOGY, CURRENTLY IN FEASIBILITY PHASE.KUMBA IRON ORE LTD - FY DELIVERY OF PRODUCTION AND SALES VOLUMES AS GUIDED WILL BE IN LINE WITH RAIL PERFORMANCE AND FINISHED STOCK LEVELS.  Full Article

Kumba Iron Ore Says 2018 Total Production Down 4 Pct To 43.1 MT
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Kumba Iron Ore Ltd ::KUMBA IRON ORE LTD - TOTAL SALES OF 43.3 MT FOR YEAR WERE WITHIN GUIDANCE RANGE OF 42-44MT.KUMBA IRON ORE LTD - EXPORT SALES FOR YEAR DECREASED BY 4% TO 40MT.KUMBA IRON ORE LTD - TOTAL PRODUCTION FOR 2018 OF 43.1MT, 4% LOWER, WITHIN GUIDANCE OF 43-44MT.KUMBA IRON ORE LTD - HEADLINE EARNINGS AND HEADLINE EARNINGS PER SHARE FOR FY ARE LIKELY TO BE IN LINE WITH THAT IN YEAR ENDED 31 DEC 2017.KUMBA IRON ORE LTD - BASIC EARNINGS FOR FY ARE LIKELY TO BE BETWEEN 19% AND 28% LOWER THAN THAT IN YEAR ENDED 31 DEC 2017.  Full Article

Kumba Iron Ore Q3 Production Volumes Fall, Maintains FY Forecast
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Kumba Iron Ore Ltd ::QTRLY PRODUCTION VOLUMES REDUCED BY 9% TO 10.5MT.QTRLY EXPORT SALES DECREASED BY 10% TO 9.7MT.2018 FULL YEAR GUIDANCE MAINTAINED.  Full Article

Kumba Iron Ore's half-year output falls 11% on virus lockdowns

July 16 South Africa's Kumba Iron Ore Ltd said on Thursday its total production for the first half of the year dropped 11%, as restrictions to control the coronavirus pandemic in the country affected operations.