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Kumba Iron Ore Ltd (KIOJ.J)

KIOJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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 HY Total Revenue Decreased 9 Pct To R19.5 Bln
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Kumba Iron Ore Ltd ::HY INTERIM CASH DIVIDEND OF R14.51 PER SHARE.FULL YEAR TOTAL SALES GUIDANCE HAS BEEN REVISED TO 42 - 44 MT FROM 44 - 45 MT.HY TOTAL REVENUE DECREASED BY 9% TO R19.5 BILLION.FULL YEAR GUIDANCE FOR PRODUCTION WAS REVISED DOWN TO 43 - 44 MT.BOARD HAS APPROVED A DIVIDEND POLICY WHICH TARGETS A PAY-OUT RATIO RANGE OF 50 - 75% OF HEADLINE EARNINGS.HY AVERAGE REALISED FOB PRICES DECREASED BY US$2/TONNE COMPARED TO 1H17.CURRENT CAPITAL EXPENDITURE OUTLOOK FOR 2018 (INCLUDING DEFERRED STRIPPING) IS R3.7 - R3.9 BILLION.FY UNIT CASH COST OF SISHEN REVISED TO R300 - R310 PER TONNE; KOLOMELA'S UNIT CASH COST GUIDANCE REMAINS UNCHANGED.HY DILUTED HEADLINE EARNINGS PER SHARE OF 9.25 CENTS.HY TOTAL TONNES MINED INCREASED BY 12% TO 140.4 MT WHILE TOTAL PRODUCTION ROSE BY 3% TO 22.4 MT.  Full Article

Kumba Iron Ore Sees HY HEPS 34-37 Pct Lower Than Last Year
Thursday, 19 Jul 2018 

July 19 (Reuters) - Kumba Iron Ore Ltd ::QTRLY TOTAL PRODUCTION INCREASED BY 2% COMPARED TO Q2 2017 DUE TO A SOLID OPERATIONAL PERFORMANCE FROM BOTH SISHEN AND KOLOMELA.HY HEPS IS LIKELY TO BE BETWEEN R9.02 AND R9.49, A DECREASE OF BETWEEN 34% AND 37%.EXPORT SALES INCREASED MARGINALLY BY 1% TO 9.6MT COMPARED TO 9.4MT IN Q2 2017.HY BASIC EPS IS EXPECTED TO BE BETWEEN R8.92 AND R9.38, A DECREASE OF BETWEEN 35% AND 38%.EXPECTED DECREASE IN HY EARNINGS LARGELY ATTRIBUTABLE TO IMPACT OF STRONGER RAND/US DOLLAR EXCHANGE RATE, LOWER EXPORT IRON ORE PRICES.  Full Article

Kumba Iron - Q1 Total Production Increased By 4% Driven By Production At Kolomela Increasing 26% To 3.5Mt Due To Increased Plant Throughput
Tuesday, 24 Apr 2018 

Kumba Iron Ore Ltd ::KUMBA IRON - Q1 TOTAL PRODUCTION INCREASED BY 4% DRIVEN BY PRODUCTION AT KOLOMELA INCREASING 26% TO 3.5MT DUE TO INCREASED PLANT THROUGHPUT.Q1 EXPORT SALES DECREASED MARGINALLY TO 9.9MT, WHILE DOMESTIC SALES INCREASED BY 6%..KUMBA IRON ORE - RELATIVE TO Q4 2017, THIS WAS A 12% DECREASE FOLLOWING DERAILMENTS WHICH IMPACTED EXPORT SALES BY 1.1MT IN Q1.KUMBA IRON ORE - WORKING CLOSELY WITH TRANSNET TO MITIGATE DERAILMENTS AND CURRENTLY EXPECTS TO MEET FULL YEAR GUIDANCE WITH TOTAL SALES OF 44-45MT.  Full Article

Kumba Iron Ore Says FY Production Of 45Mt Exceeded Recent Guidance​
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Kumba Iron Ore Ltd ::‍FULL YEAR PRODUCTION OF 45MT EXCEEDED RECENT GUIDANCE​.‍Q4 2017 DELIVERED CONTINUED STRONG QUARTER-ON-QUARTER PRODUCTION OF 11.6MT​.‍Q4 EXPORT SALES INCREASED BY 7% TO 11.4MT DUE TO IMPROVED LOADING RATES​.‍Q4 TOTAL FINISHED PRODUCT STOCKS WERE 4.3MT, COMPARED TO 3.5MT IN Q4 2016​.  Full Article

Anglo American reports 6 pct rise in Q3 total production
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Anglo American Plc ::ANGLO AMERICAN PLC - Q3 2017 DIAMOND PRODUCTION ‍9.2​ MILLION CARATS VERSUS 6.3 MILLION CARATS IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 COPPER PRODUCTION FROM RETAINED OPERATIONS ‍147,300​ TONNES VERSUS 139,800 TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 PLATINUM PRODUCTION ‍621​ KOZ VERSUS 619 KOZ IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 IRON ORE PRODUCTION FROM KUMBA ‍11.5​ MILLION TONNES VERSUS 11.8 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 IRON ORE PRODUCTION FROM MINAS-RIO ‍4.2​ MILLION TONNES VERSUS 4.5 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR DE BEERS ‍FULL YEAR PRODUCTION GUIDANCE HAS BEEN REVISED TO ABOUT 33 MILLION CARATS​.ANGLO AMERICAN PLC - Q3 2017 EXPORT METALLURGICAL COAL PRODUCTION ‍5.5​ MILLION TONNES VERSUS 5.1 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR COPPER ‍FULL YEAR PRODUCTION GUIDANCE HAS BEEN TIGHTENED TO 570,000 - 580,000 TONNES​.ANGLO AMERICAN PLC - Q3 2017 EXPORT THERMAL COAL PRODUCTION ‍6.3​ MILLION TONNES VERSUS 7.4 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 NICKEL PRODUCTION ‍11,200​ TONNES VERSUS 11,300 TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR PLATINUM ‍PRODUCTION GUIDANCE (METAL IN CONCENTRATE) HAS BEEN LOWERED TO 2.30 - 2.35 MILLION OUNCES​.ANGLO AMERICAN PLC - ‍FOR IRON ORE BRAZIL FULL YEAR PRODUCTION GUIDANCE REMAINS UNCHANGED AT 16-18 MILLION TONNES (WET BASIS).​.  Full Article