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05-Oct-2017
(Official Notice)
Kumba announced the appointment of Celeste Appollis as Company Secretary, with effect from 1 December 2017. Celeste is currently the Group Company Secretary and Head of Legal for Omnia Holdings Ltd., where she has worked for 13 years. Celeste is an admitted attorney, who holds Bachelor of Arts and LLB qualifications from the University of Cape Town.
28-Aug-2017
(Official Notice)
Kumba announced that it has signed a three-year wage agreement for the bargaining category employees with its recognised unions with bargaining rights, being the National Union of Mineworkers (NUM), Solidarity, and the Association of Mineworkers and Construction Union (AMCU). The agreement represents a differentiated annual salary increase of 10% for the lower level categories and 7% for the higher level categories. The agreement is effective from 1 July 2017 until 30 June 2020.



Negotiations began on 15 May 2017, culminating in the conclusion of the agreement on 25 August 2017.
25-Jul-2017
(Official Notice)
Shareholders are advised of the following changes to the composition of Kumba?s board of directors (?board?):



Fani Titi intends to step down from the board with effect from 30 September 2017, and that Dr Mandla Gantsho has been appointed as an independent director and chairman designate. Dr Gantsho will join the board on 1 August 2017 and will succeed Mr Titi as chairman on 1 October 2017, after a handover period of two months.
25-Jul-2017
(C)
20-Jul-2017
(Official Notice)
Kumba released its production and sales report for the quarter ended 30 June 2017. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

- Sishen production up 38% to 7.9Mt due to improved mining productivity.

- Export sales up 8% to 9.4Mt on the back of a 28% increase in total production.



Sishen production increased by 38% to 7.9Mt due to improved mining productivity as a result of fleet efficiencies and higher plant yields. Waste removal increased by 38% to 42.7Mt, compared to 31.1Mt in Q2 2016 (H1 2017: 76.6Mt). Sishen?s solid and consistent performance and ongoing improvements since the restructuring have resulted in guidance being revised. Sishen is expected to produce between 28-29Mt of iron ore in 2017 and 155-165Mt of waste.



Kolomela production increased to 3.5Mt, up 11% compared to Q2 2016, due to productivity improvements. Waste mined increased by 22% to 15.3Mt through ongoing improvements in operational efficiency. Kolomela is on track to meet full year production and waste guidance for 2017 of 13-14Mt and 50-55Mt respectively.



Export sales increased by 8% to 9.4Mt compared to Q2 2016. Total finished product stocks were 4.4Mt, compared to 3.5Mt at year end. Sales volumes were delayed to H2 due to unfavourable weather at Saldanha port. Full year sales guidance has been increased to 41- 43Mt.
14-Jul-2017
(Official Notice)
Shareholders are advised that Kumba is currently finalising its results for the six months ended 30 June 2017 (?the period?), which will be released on the Stock Exchange News Service of the JSE Ltd. (?SENS?) on 25 July 2017.



In accordance with section 3.4(b) of the JSE Limited Listings requirements, and further to the trading statement released on SENS on 11 May 2017 in which the Company indicated that headline earnings per share (?HEPS?) and basic earnings per share (?EPS?) for the period would be at least 20% higher than the previous six months ended 30 June 2016 (?the comparative period?); shareholders are advised that headline earnings for the period are likely to be between R4 373 million and R4 741 million, with basic earnings for the period expected to be between R4 355 million and R4 722 million. HEPS is likely to be between R13.70 and R14.85, an increase of between 46% and 58%. Basic EPS is expected to be between R13.64 and R14.79, an increase of between 47% and 59%.



Reported headline earnings and basic earnings for the comparative period (released on SENS on 26 July 2016) were R3 009 million and R2 974 million respectively, while reported HEPS and EPS for the comparative period were R9.41 and R9.30 respectively.



The increase in earnings for the period is largely attributable to higher export iron ore prices, partially offset by the stronger Rand/USD exchange rate. More information will be provided in the company?s results for the period to be released on SENS on 25 July 2017.
06-Jul-2017
(Official Notice)
Kumba Iron Ore Ltd. announces the appointment of Mr Bothwell Mazarura as Chief Financial Officer and Executive Director, effective 1 September 2017.

30-May-2017
(Official Notice)
The company announces the appointment of Mr Sango Ntsaluba as an independent non-executive director of the board and chairman of the Audit Committee, with effect from 5 June 2017.











11-May-2017
(Official Notice)
At the eleventh (11th) annual general meeting (?AGM?) of the shareholders of Kumba held on Thursday, 11 May 2017, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course. As previously communicated to the market, Frikkie Kotzee, the chief financial officer stepped down at the annual general meeting today, after 5 years in the role. A rigorous process is underway to identify and appoint his replacement. In the interim, the company advises that Johan Prins will assume the role of acting chief financial officer. Johan is currently the executive head of finance and plays a critical role in providing high level guidance and support to the board and executive management team.



11-May-2017
(Official Notice)
Shareholders are advised that Kumba?s results for the six months ending 30 June 2017 ("the period") will be released on the Stock Exchange News Service (?SENS?) on 25 July 2017.



Reported headline earnings and basic earnings for the six months ended 30 June 2016 (as released on SENS on 26 July 2016) were R3 009 million and R2 974 million respectively, while reported headline earnings per share (?HEPS?) and earnings per share (?EPS?) for the comparative period were R9.41 and R9.30 respectively.



The expected increase in earnings is largely attributable to an increase in export iron ore prices during the period.



In this regard, HEPS and EPS are also likely to be at least R1.88 and at least R1.86 per share higher (at least 20% higher), respectively, than reported HEPS and EPS for the comparative period.



A further trading statement will be released as soon as the Company has reasonable certainty on the expected HEPS and EPS ranges for the period.
24-Apr-2017
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 March 2017. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Production summary

Sishen production increased by 31% to 7.7Mt due to improved mining productivity, resulting in higher plant throughput. As expected, production decreased 10% on the previous quarter as Q4 2016 benefitted from greater access to low strip ratio ore. Waste removal of 34Mt, in line with Q1 2016, was hampered by higher than expected rainfall during the quarter however, mining rates improved in the latter part of the quarter to levels required to meet full year guidance of 150-160Mt.



Kolomela production increased by 3% to 2.8Mt compared to Q1 2016, driven by higher plant throughput. Q1 2017 production versus that in Q4 2016, was down 10% due to rain stoppages. Waste mined increased by 32% to 10.1Mt in support of production growth and ongoing improvements in operational and mining efficiency. Going forward, waste removal is expected to improve to meet full year guidance for 2017 of 50-55Mt.



Export sales rose by 7% to 10.1Mt compared to Q1 2016. Total finished product stocks were 3.2Mt, compared with 3.5Mt at 31 December 2016, in line with optimum level of approximately 3Mt.
10-Apr-2017
(Official Notice)
Shareholders are hereby advised that the company's full audited annual financial statements for the financial year ended 31 December 2016 will be published on the company's website, www.angloamericankumba.com, at 09:00 (CAT) on 10 April 2017/today and contains no modification to the audited provisional results which were published on SENS on 14 February 2017.



Notice of the Annual General Meeting

Notice is hereby given that the eleventh Annual General Meeting of shareholders will be held at the Kumba Corporate Office, Centurion Gate, 124 Akkerboom Road, Centurion on Thursday, 11 May 2017 at 09:00 (CAT), to transact the business as stated in the Annual General Meeting Notice, which will be distributed to shareholders on 10 April 2017/today, together with the audited summarised annual financial statements, which also does not contain any modification to the audited provisional results which were published on SENS on 14 February 2017.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of Annual General Meeting - Friday, 31 March 2017

*Last day to trade in order to be eligible to attend and vote the Annual General Meeting - Tuesday, 2 May 2017

*Record date to determine which shareholders are entitled to attend and vote at the Annual General Meeting - Friday, 5 May 2017

*Date by which forms of proxy for the Annual General Meeting should be lodged* - 09:00 (CAT), Tuesday, 9 May 2017

*Any proxy forms not lodged by this date must be handed to the chairman immediately prior to the commencement of the Annual General Meeting



Shareholders are further advised that the company's Integrated Report and Sustainability Report for 2016 will be released on the company's website today, 10 April 2017.
24-Mar-2017
(Official Notice)
Shareholders are advised of the following changes to the composition of Kumba?s board of directors (?board?):



Zarina Bassa has informed the company of her intention to step down as an independent non-executive director at the company?s forthcoming AGM on 11 May 2017, after serving eight years.



The board will shortly commence the process to identify and appoint a suitable candidate as chairman of the Audit Committee.



The company is pleased to announce the appointment of Terence Goodlace as an independent non-executive director of the board, with immediate effect.



Further to the announcements above, Anglo American has also made changes to its representation on the board. Andile Sangqu, Executive Head of Anglo American South Africa, and Natascha Viljoen, Group Head of Processing for Anglo American, will both step down as non-executive directors of the board with immediate effect.



Seamus French, CEO of Anglo American?s Bulk Commodities business, and Stephen Pearce, Anglo American plc?s Finance Director designate, will join the Kumba board as non-executive directors with immediate effect, representing the Anglo American Group.
23-Feb-2017
(Official Notice)
Shareholders are advised that Ms Avanthi Parboosing tendered her resignation from the Company. Ms Parboosing has agreed to remain with the Company until 30 June 2017. The Board of Kumba will commence the process of identifying a suitable replacement candidate and shareholders will be advised as soon as such an appointment has been made.
14-Feb-2017
(Official Notice)
Kumba announces that Frikkie Kotzee, Chief Financial Officer and executive director of the Company, has decided to step down from his role after five years.



Mr Kotzee engaged with the Kumba board in December 2016 to indicate his preference to step down during the course of 2017, once a number of major strategic and financial deliverables had been completed. In order to ensure a smooth transition, Frikkie has agreed to remain with the Company until Kumba?s annual general meeting on 11 May 2017.



The Kumba board will now begin a search process of internal and external candidates to identify a successor.



14-Feb-2017
(C)
09-Feb-2017
(Official Notice)
Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), a subsidiary of Kumba Iron Ore Ltd. (?Kumba?), and ArcelorMittal South Africa Ltd. (?AMSA?) announced that they have entered into an agreement to transfer Thabazimbi mine (?the Mine?) to AMSA (?the Transfer?).



Until 2014 Thabazimbi was a captive mine owned and run by SIOC, but supplying ore exclusively to and funded by AMSA. As a result AMSA is accountable for 96% of the Mine?s current rehabilitation liability, with SIOC responsible for the site?s management and the remaining liability. The transfer would simplify this arrangement by making AMSA solely responsible for Thabazimbi?s closure and rehabilitation.



Mining operations at Thabazimbi ceased on 1 September 2016. The identified assets and liabilities of the Mine will be transferred at a purchase consideration of R1 plus the assumed liabilities. The remaining 63 SIOC employees currently engaged in mine rehabilitation and the preparation and finalisation of the Mine closure plan will transfer to AMSA on comparable terms, conditions and benefits.



The needs of the Thabazimbi community were identified and have been incorporated into the Mine?s social closure plan. AMSA, as part of its current financial obligation, will take over the entire social closure plan and will be responsible for the execution, implementation and funding of these identified projects while SIOC will retain a right of oversight.



The transfer is dependent on certain conditions being met, most notably: competition authority approval, cession of the Thabazimbi mining rights in terms of section 11 of the Mineral and Petroleum Resources Development Act (?MPRDA?), and a satisfactory due diligence investigation by AMSA. On fulfilment of these conditions, the employees, assets and liabilities will transfer to AMSA. If the conditions are not satisfied by 28 April 2017 (or a later date agreed to by the companies), the agreement will lapse and SIOC will proceed with the closure of the Mine.



The transfer is below the JSE transaction thresholds for both companies and this announcement is for information purposes only.
03-Feb-2017
(Official Notice)
Kumba announces its agreement with the South African Revenue Service (?SARS?) to settle a dispute relating to assessments received for the years 2006 to 2010 inclusive, and the tax treatment of the relevant issues in the years 2011 to 2015 inclusive, for a full and final total settlement amount of R2.5 billion (approximately USD185 million). Shareholders are referred to the announcements released on the Stock Exchange News Service of the JSE Ltd. on 29 February 2016 and 13 September 2016 regarding the tax discussions between Sishen Iron Ore Company (?SIOC?), a 76.3% subsidiary of Kumba, and SARS.



Kumba had already provided for an amount of R1.5 billion in its annual financial statements for the tax years up to 2015, and an additional R1.0 billion will be accounted for in 2016 in respect of this settlement agreement. The settlement will be paid in full in Q1 2017, with appropriate adjustments made for current advance payments held on account.



As a responsible corporate citizen, the company's policy is to be tax compliant in all jurisdictions in which it operates.



Kumba generates substantial value for all its stakeholders and is fully committed to the transformation of the South African mining industry and to the wider societal and economic benefits that the Company brings; for example in 2015 alone, a year during which the iron ore price fell sharply, Kumba contributed R900 million in corporate taxes and mineral royalties, R4.7 billion in salaries and wages, R15.2 billion in local procurement, R6.8 billion of capital reinvested in the business and R174 million in social investment in health, housing, education and small business development.
26-Jan-2017
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 December 2016.



Sishen produced 8.5Mt up 11% on 4Q15. Run rates during the quarter were in line with the considerable improvement realised in Q3 2016 following the successful completion of its restructuring to a lower cost pit shell. Full year production was 28.4Mt exceeding the guided target of 27Mt. The higher production was attributable to improved mining productivity as well as access to low strip ratio ore and higher plant yields during the second half of the year. Waste removal, as planned, was 32% lower at 37Mt compared to 4Q15.



Kolomela production rose by 20% to 3.4Mt compared to Q4 2015, with the mine exceeding its full year target of 12Mt to 12.7Mt. The improvement in production was driven by higher levels of throughput as a result of further debottlenecking and optimization of the plant. Waste mined was 59% higher than the corresponding period in 2015 at 15.4Mt in line with higher production levels.



Export sales increased marginally compared to both 3Q16 and 4Q15 to 10.6Mt. Total finished product stocks were 3.5Mt, compared to 3.1Mt at 30 September 2016.
25-Jan-2017
(Official Notice)
Shareholders are advised that Kumba is currently finalising its results for the year ended 31 December 2016 (?the period?), which will be released on the Stock Exchange News Service of the JSE Limited (?SENS?) on 14 February 2017.



In accordance with section 3.4(b) of the JSE Ltd. Listings requirements, and further to the trading statement released on SENS on 2 December 2016 in which the company indicated that headline earnings per share (?HEPS?) and basic earnings per share (?EPS?) for the period would be at least 20% higher than the previous year ended 31 December 2015 (?the comparative period?); shareholders are advised that headline earnings for the period are likely to be between R8,453 million and R8,890 million, with basic earnings for the period expected to be between R8,351 million and R8,782 million. HEPS is likely to be between R26.36 and R27.72, an increase of between 123% and 135%. Basic EPS is expected to be between R26.04 and R27.38.



Reported headline earnings and basic earnings for the comparative period (released on SENS on 9 February 2016) were R3,792 million and R469 million respectively, while reported HEPS and EPS for the comparative period were R11.82 and R1.46 respectively.



The increase in earnings is largely attributable to the increase in export iron ore prices, as well as the impairment charge of R5,978 million that was included in basic earnings but excluded from headline earnings in the comparative period. More information will be provided in the company?s results to be released on SENS on 14 February 2017.
03-Jan-2017
(Official Notice)
Kumba announces the resignation of Mr Litha Nyhonyha as an independent non-executive director of the board, with effect from 31 December 2016.









02-Dec-2016
(Official Notice)
Kumba?s results for the year ending 31 December 2016 ("the period") will be released on the Stock Exchange News Service of the JSE Ltd. (?SENS?) on 14 February 2017.



Headline earnings and basic earnings reported for the year ended 31 December 2015 (as released on SENS on 9 February 2016) ("the comparative period") were R3,792 million and R469 million respectively, while headline earnings per share (?HEPS?) and earnings per share (?EPS?) reported for the comparative period were R11.82 and R1.46 respectively.



Kumba?s headline earnings and basic earnings for the period are likely to be at least 20% higher than the comparative period translating to an increase of at least R758 million and R94 million, respectively. In this regard, HEPS and EPS are also likely to be at least 20% higher than the comparative period translating to an increase of R2.36 and R0.30, respectively.



The expected increase in earnings is largely attributable to the increase in export iron ore prices during the year and the weaker average ZAR/USD exchange rate.



Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges for HEPS and EPS as required by the Listings Requirements.



The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company?s external auditors.

31-Oct-2016
(Official Notice)
Kumba announced the appointments of Ms Nonkululeko Dlamini (nee Veleti) and Mr Seamus French as non-executive directors to the Board, with effect from 1 November 2016.
25-Oct-2016
(Official Notice)
Kumba released its production and sales report for the quarter ended 30 September 2016. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

- Sishen production up 46% to 8.3 Mt compared to Q2 2016 due to a significant improvement in productivity.

- Export sales of 10.3 Mt, up 18% from 8.7 Mt in Q2 2016 reflecting the improvement in production volumes at Sishen.



Sishen?s production was up 46% to 8.3 Mt compared to Q2 2016 (3Q15: 7.7 Mt) following the successful completion of its restructuring. The improvement in production was due to increased run of mine feed rates, improved quality feedstock material and better plant yields. The mine transitioned to a 3?shift roster system in early September, which is expected to result in further improvements in equipment efficiencies over the medium term. Sishen remains on track to achieve guided production of
27 Mt for the full year. Consistent with the mine?s lower cost pit configuration, waste removal decreased to 35 Mt (compared to 60 Mt in 3Q15). Waste run rates remain in line with the full year guidance of 135-150 Mt.



Detailed work to refine the Sishen life of mine plan, based on the revised pit configuration, was completed during Q3 2016. This life of mine plan validated the key performance metrics for Sishen including production and waste volumes, which are in line with guidance previously provided. Kolomela?s production was up 8% to 3.4 Mt compared to Q2 2016 (3Q15: 3.3 Mt). Waste mining increased to 14.6 Mt from 12.5 Mt during the same period. The mine is expected to exceed its 12Mt production target for the full year, with a commensurate marginal increase in waste.



Export sales increased by 18% to 10.3 Mt compared to Q2 2016 (3Q15: 9.8 Mt), reflecting improved production volumes at Sishen during the quarter. Total finished product stocks were 3.1 Mt, compared with 2.3 Mt at 30 June 2016.
13-Oct-2016
(Official Notice)
Kumba announced that the Department of Mineral Resources (?DMR?) has, after taking all the relevant considerations into account, granted the residual 21.4% undivided share of the mining right for the Sishen mine to Kumba?s subsidiary, Sishen Iron Ore Company (Pty) Ltd. ("SIOC") following the completion of an internal appeal process, as prescribed by section 96 of the Minerals and Petroleum Resources Development Act.



As a result of the grant of the residual 21.4% undivided share, SIOC is now the sole and exclusive holder of the right to mine iron ore and quartzite at the Sishen mine. This residual mining right will be incorporated into the 78.6% Sishen mining right that SIOC successfully converted in 2009.



The consent to amend SIOC?s mining right, by the inclusion of the residual 21.4% undivided share, is subject to various conditions. The conditions, where applicable, will ultimately form part of the conditions to the Sishen mining right. These include the requirement for the continuation of the existing Export Parity Price (?EPP?) based supply agreement between SIOC and ArcelorMittal SA Ltd. (?ArcelorMittal?) in its role as a strategic South African steel producer, as well as SIOC?s continued support of skills development, research and development and initiatives to enable preferential procurement.
13-Sep-2016
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service on 29 February 2016 regarding the receipt of a tax assessment from the South African Revenue Service (?SARS?) by Kumba?s 73.9% owned subsidiary, Sishen Iron Ore Company (?SIOC?), in relation to the tax years 2006 to 2010. SIOC subsequently submitted an objection to the assessment as well as an application for the suspension of payment in relation to the assessment and is awaiting a response from the Commissioner of SARS on both matters.



Kumba has now received a similar letter of findings from SARS in relation to the 2011 tax year, indicating potential adjustments to the company?s taxable income which would result in an additional tax liability of approximately R1.0 billion, excluding any potential interest and penalties, should Kumba ultimately be assessed on this basis. SIOC has cooperated fully with SARS during the course of the audit but, supported by its specialist tax and legal advisors, disagrees with SARS' audit findings and will respond to the letter accordingly and within the prescribed period.



As previously disclosed, the field audit for the 2012 and 2013 tax years is in progress. Kumba will update shareholders as appropriate.



26-Jul-2016
(Official Notice)
Kumba announced the appointment of Themba Mkhwanazi as Chief Executive Officer (?CEO?) with effect from 1 September 2016, following Norman Mbazima?s decision to step down after four years to focus on his role as Deputy Chairman of Anglo American South Africa, with effect from 31 August 2016. Norman Mbazima will remain a member of Anglo American?s Group Management Committee and will play a key role in the processes to restructure and divest Anglo American plc?s non-core assets in South Africa, including its interest in Kumba.
26-Jul-2016
(C)
20-Jul-2016
(Official Notice)
14-Jul-2016
(Official Notice)
Shareholders are advised that Kumba is currently finalising its interim financial results for the six months ended 30 June 2016 (?the period?), which will be released on the Stock Exchange News Service (?SENS?) on 26 July 2016.



In accordance with paragraph 3.4 (b) of the JSE Ltd. Listings Requirements, shareholders are advised that headline earnings for the period is likely to be between R2 875 million and R3 090 million, with basic earnings for the period expected to be between R2 840 million and R3 055 million. Headline earnings per share (?HEPS?) is likely to be between R8.95 and R9.65, representing an increase of between 14% and 23% from HEPS reported for the six months ended 30 June 2015 (?the comparative period?). Basic earnings per share (?EPS?) is expected to be between R8.85 and R9.55, representing an increase of between 13% and 22% from EPS reported for the comparative period.



Reported headline earnings and basic earnings for the comparative period (released on SENS on 21 July 2015) were R2 519 million and R2 508 million respectively, while reported HEPS and EPS for the comparative period were R7.85 and R7.82 respectively.



The expected increase in earnings is largely attributable to the derecognition of a deferred tax asset of R617 million in the comparative period. Normalised EPS, excluding this item, is likely to be between R8.95 and R9.65, representing a decrease of between 1% and 8% from the normalised EPS for the comparative period of R9.78.



More information will be provided in the company?s results to be released on SENS on 26 July 2016.
13-May-2016
(Official Notice)
At the tenth (10th) annual general meeting (?AGM?) of the shareholders of Kumba held today, 13 May 2016, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.



21-Apr-2016
(Official Notice)
08-Apr-2016
(Official Notice)
Shareholders are hereby advised that the Company's full audited annual financial statements for the financial year ended 31 December 2015 will be published on the Company's website, www.angloamericankumba.com, at 09:00 (CAT) on 8th April 2016 and contains no modification to the audited results which were published on SENS on 9th February 2016.



Notice of AGM

Notice is hereby given that the 10th Annual General Meeting of shareholders will be held at the Kumba Corporate Office, Centurion Gate, 124 Akkerboom Road, Centurion on Friday, 13th May 2016 at 09:00 (CAT), to transact the business as stated in the Annual General Meeting Notice, which will be distributed to shareholders on 12th April 2016, together with the audited condensed annual financial statements, which also does not contain any modification to the audited results which were published on SENS on 9th February 2016.



Salient dates

* Record date to determine which shareholders are entitled to receive the notice of Annual General Meeting: Friday, 1st April 2016

* Last day to trade in order to be eligible to attend and vote at the Annual General Meeting: Thursday, 28th April 2016

* Record date to determine which shareholders are entitled to attend and vote at the Annual General Meeting: Friday, 6th May 2016

* Date by which forms of proxy for the Annual General Meeting should be lodged: 09:00 (CAT), Wednesday, 11th May 2016



Shareholders are further advised that the Company's Integrated Report and Sustainability Report for 2015 will be released on the Company's website on 8th April 2016.
29-Feb-2016
(Official Notice)
Kumba announced the receipt by its 73.9% owned subsidiary, Sishen Iron Ore Company ("SIOC") of a tax assessment from the South African Revenue Service ("SARS") in relation to the tax years 2006 to 2010, for the amount of ZAR5.5 billion (USD345 million). This amount includes ZAR3.7 billion (USD230 million) in interest and penalties. SIOC has cooperated fully with SARS during the course of the audit, but, supported by its specialist tax and legal advisors, disagrees with SARS' audit findings. SIOC is therefore in the process of preparing an objection to the assessment, together with an application to the Commissioner of SARS for a suspension of payment until the matter is resolved.
16-Feb-2016
(Official Notice)
Kumba shareholders are referred to the announcement today by Anglo American plc (?Anglo American?), at its annual results presentation, of its intention to exit its 69.7% shareholding in the Company, at the appropriate time and in an orderly manner.



Anglo American and Kumba will work together to evaluate options for the exit and how the business can be set up as a standalone entity that will create sustainable value for its stakeholders.



Shareholders will be updated on further developments in this regard.
09-Feb-2016
(Official Notice)
On 28 January 2016, Kumba extended the cautionary announcement relating to notice issued by the Department of Mineral Resources ("DMR") in terms of which the Director General of the DMR had consented to the amendment of Sishen Iron Ore Company Proprietary Limited mining right in respect of the Sishen Mine to include the residual 21.4% undivided share of the mining right for the Sishen Mine, subject to certain proposed conditions.



Shareholders are referred to the company?s audited preliminary annual financial results for the year ended 31 December 2015, released on the Stock Exchange News Service today. Disclosure on the issue of the mining right is contained therein, under the heading Regulatory Update and, on this basis, the cautionary announcement is withdrawn. Shareholders need no longer exercise caution when dealing in their Kumba shares.



09-Feb-2016
(C)
05-Feb-2016
(Official Notice)
Mr Anthony Martin (Tony) O?Neill has tendered his resignation as a non-executive director from the board of Kumba Iron Ore Limited with effect from 5 February 2016.



Ms Natascha Viljoen will be appointed as representative non-executive director on the board of the company, effective 8 February 2016.
02-Feb-2016
(Official Notice)
Shareholders are advised that Kumba is currently finalising its results for the year ended 31 December 2015 (?the period?), which will be released on SENS on 9 February 2016.



In accordance with section 3.4 (b) of the JSE Ltd. Listings requirements and further to the trading statement released on SENS on 6 November 2015 in which the Company indicated that headline earnings per share (?HEPS?) and basic earnings per share (?EPS?) for the period would be more than 20% lower than the previous year ended 31 December 2014 (?the comparative period?); shareholders are advised that headline earnings for the period are likely to be between R3,674 million and R3,863 million, with basic EPS for the period expected to be between R440 million and R487 million. HEPS is likely to be between R11.45 and R12.05, a decrease of between 65% and 67%. Basic EPS is expected to be between R1.37 and R1.52, a decrease of between 95% and 96%.



Reported headline earnings and basic earnings for the comparative period (released on SENS on 10 February 2015) were R11,006 million and R10,724 million respectively, while reported HEPS and EPS for the comparative period were R34.32 and R33.44 respectively.



The decrease in earnings is largely attributable to the significant decrease in export iron ore prices. The deteriorating iron ore price environment has necessitated a reconfiguration of the Sishen pit to a lower cost shell. This, together with the significant impact of the weaker iron ore price outlook, has resulted in an impairment charge relating to Sishen mine of R6 billion (pre-tax). The impairment charge will be included in basic earnings but excluded from headline earnings. More information will be provided in the Company?s results to be released on SENS on 9 February 2016.



Included in both HEPS and basic EPS is the derecognition of a deferred tax asset of R617 million, as well as a gain realised on a finance lease receivable of R232 million in the current period. Normalised earnings per share, excluding these items, are likely to be between R12.62 and R13.27, a decrease of between 61% and 63% on the normalised earnings per share of the comparative period of R34.32.
28-Jan-2016
(Official Notice)
Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), an operating company of Kumba, commenced a consultation process in terms of section 189 and 189A of the Labour Relations Act. Kumba is a business unit of Anglo American.



The consultation about workforce reductions follows a decision to restructure Sishen Mine to a lower cost pit configuration. This was necessitated by sharply lower iron ore prices and both increased capital costs and increased operating expenses due to the current high waste stripping requirements. The new mine plan will exclude areas with high strip ratios, resulting in less waste needing to be mined as well as a decreased level of iron ore production. The new Sishen mine plan significantly reduces mining and production activities and necessitates a re-evaluation of the equipment and workforce needed to support a smaller, more focused operation.



The restructuring of the mine will impact approximately 2 633 Kumba employees. Contractors at the mine have commenced with their restructuring process and approximately 1 300 contractors will be affected. SIOC is conducting extensive consultations with all stakeholders.
28-Jan-2016
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 December 2015. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), and attributable to shareholders of Kumba as well as the non- controlling interests in SIOC.



Overview:

* Full year production of 44.9 Mt, as expected

* Total production decreased by 12% to 10.9 million tonnes compared to Q4 2014, and was 4% lower compared to the previous quarter.

* Total export sales volumes decreased to 10.5 million tonnes, 10% lower than Q4 2014 but 7% higher than the previous quarter.



Kumba Iron Ore ? Production from Kumba Iron Ore decreased by 12% to 10.9 million tonnes.

Sishen produced 7.7 million tonnes, a decrease of 17%. Production continued to be impacted by a lack of sufficient exposed high quality ore for blending purposes as the mine transitions to the lower cost pit configuration.



Full year production at Sishen was in line with the revised targeted production of
31Mt as indicated in the Q32015 production statement. Waste mined for the quarter was 54.3 million tonnes down 10%, in line with the full year revised guidance of
230 Mtpa. At Kolomela, efficiencies and throughput at the plant continued to improve, partially offset by planned plant maintenance during October, resulting in production of 2.9 million tonnes for the quarter, a 5% increase. Waste mining remained flat at 9.7 million tonnes.



Mining ceased at Thabazimbi in September 2015 and the closure process remains on track. Export sales reached 10.5 million tonnes, a decrease of 10% due to lower production. Total finished product stocks were 4.7 million tonnes, compared with 6.5 million tonnes at 31 December 2014 as stocks were drawn down to optimal levels.



Extension of Cautionary

On 15 December 2015, Kumba extended the cautionary announcement relating to the notice from the Department of Mineral Resources ("DMR") that the Director General of the DMR had consented to the amendment of Sishen Iron Ore Company (Pty) Ltd.'s ("SIOC") mining right in respect of the Sishen Mine to include the residual 21.4% undivided share of the mining right for the Sishen Mine, subject to certain proposed conditions. Shareholders are hereby advised to continue exercising caution when dealing in the company's shares and securities, until a further announcement is made.
15-Dec-2015
(Official Notice)
On 3 November 2015, Kumba advised shareholders that it had received notice from the Department of Mineral Resources ("DMR") that the Director General of the DMR had consented to the amendment of Sishen Iron Ore Company (Pty) Ltd.'s ("SIOC") mining right in respect of the Sishen Mine to include the residual 21.4% undivided share of the mining right for the Sishen mine, subject to certain conditions (which are described by the DMR as "proposals").



Until the legal and practical implications of the proposed conditions have been clarified with the DMR, SIOC is unable to accept the conditions. Section 96 of the Mineral - Petroleum Resources Development Act ("MPRDA") allows for an internal appeal to the Minister of Mineral Resources. Kumba therefore submitted an internal appeal to the Minister as per the requirements of the MPRDA.



In the interim, Kumba continues to engage with the Minister of Mineral Resources in relation to the proposed conditions in order to achieve a mutually beneficial solution.



The conditions contained in the Letter of Grant relate substantively to domestic supply, support for skills development, research - development, and procurement.



Shareholders will be updated as appropriate and are hereby advised to continue exercising caution when dealing in the company's shares and securities, until a further announcement is made.
08-Dec-2015
(Official Notice)
Sishen Mine Reconfiguration

Shareholders are advised that the deteriorating price environment has necessitated a further optimisation of the Sishen mine plan that was set out at the Group?s interim results on 21 July 2015. Kumba has decided to reconfigure the Sishen pit to a lower cost shell configuration in order to optimise margins. This is in line with the Company?s strategy to focus on value (cash generation) over volume, thereby safeguarding the mine?s viability at lower prices.



The new pit shell configuration will allow for a more flexible approach, reduce execution risk and lower capital cost over the life of mine. The mine will target FOB unit costs of
$30/t and a breakeven price of
$40/t CFR for 2016. Waste movement is expected to be materially below previous guidance of
230mt, at
135 Mt and production is expected to be reduced from previous guidance of 36 Mt for 2016 to
26 Mt.



Kolomela continues to perform strongly

In order to reduce costs, Kolomela has been transitioned from three pits to two in the short to medium term. The mine is targeting a 2016 FOB unit cost of
US$27/t and a breakeven price of
$38/t CFR for 2016. The production target remains at 13Mt by 2017.



Thabazimbi closure on track

The Thabazimbi mine closure is progressing according to plan with the processing of previously mined material continuing until 1H2016.



Further details will be provided at the Anglo American investor presentation this morning in London. The presentation will begin at 11.00am CAT and end at approximately 1.00pm CAT, and will be webcast live via the Anglo American website [www.angloamerican.com]. The presentation slides will be available on Kumba's website [www.angloamericankumba.com] from 11.00am CAT today.



A further operational update will be given at the Company?s 2015 annual results presentation on 9 February 2016.



This announcement contains forward-looking statements and is subject to a number of risks and uncertainties, many of which are beyond Kumba's control and all of which are based on the Company's current beliefs and expectations about future events. The operational and financial forecasts provided in this announcement are estimates and have not been reviewed and reported on by the Company's external auditors.



06-Nov-2015
(Official Notice)
Kumba?s results for the year ending 31 December 2015 ("the period") will be released on the stock exchange news service of the JSE Limited (?SENS?) on 9 February 2016. Headline earnings and basic earnings for the period are likely to be at least R2, 201 million (20%) and R2, 145 million lower than the previous year ended 31 December 2014, respectively. Headline earnings and basic earnings reported for the year ended 31 December 2014 (as released on SENS on 10 February 2015) ("the comparative period") were R11,006 million and R10,724 million respectively, while headline earnings per share (?HEPS?) and earnings per share (?EPS?) reported for the comparative period were R34.32 and R33.44 respectively.



The decrease in earnings is largely attributable to the significant decrease in export iron ore prices during the year. In this regard, HEPS and EPS are also likely to be at least R6.86/share (20%) and R6.69 lower than those of the comparative period, respectively. Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges for HEPS and EPS as required by the JSE Listing requirements. The forecast financial information on which this trading statement is based has not been reviewed and reported on by the company?s external auditors.





06-Nov-2015
(Official Notice)
Shareholders are advised that Kumba and ArcelorMittal SA Ltd. (?ArcelorMittal?) have agreed to amend the pricing mechanism of the long term supply agreement (for Kumba to supply ArcelorMittal with up to 6, 25Mtpa of iron ore) that they entered into on 5 November 2013.



Kumba and ArcelorMittal have agreed to amend the pricing mechanism terms of their current agreement from a cost-based price to a price based on an export parity price (?EPP?). The EPP will be calculated on the basis of an international index (the ?index price?) and, at certain index price levels, ArcelorMittal will receive a discounted price, as follows: if the index price is between USD60/t and USD70/t, ArcelorMittal will receive a 5% discount to the EPP; between USD70/t and USD80/t, a 6.25% discount would apply and at an index price above USD80/t, a 7.5% discount would apply. If the index price is below USD60, ArcelorMittal will pay the EPP. These terms remain subject to a final definitive agreement being signed between Kumba and ArcelorMittal.



Independent of the above announcement, shareholders are reminded of the cautionary announcement released by Kumba on 3 November 2015, advising shareholders to exercise caution when trading in the Company?s securities pending a further announcement (?the Cautionary Announcement?). The Cautionary Announcement pertains to the Company?s engagement with the Department of Mineral Resources regarding the proposed conditions attaching to the consent to the amendment of the Sishen mining right to include the residual 21.4% undivided share of the mining right for the Sishen mine.
03-Nov-2015
(Official Notice)
Kumba has received notice from the Department of Mineral Resources (?DMR?) that the Director General of the DMR has consented to the amendment of Sishen Iron Ore Company (Pty) Ltd (?SIOC?s?) mining right in respect of the Sishen mine to include the residual 21.4% undivided share of the mining right for the Sishen mine.



Kumba has noted that the consent to amend SIOC?s mining right is stated to be subject to a number of conditions, which are described by the DMR as ?proposals?. Kumba and SIOC are currently considering the terms of the consent and the legal and practical implications of the proposed conditions on Kumba and SIOC. Once Kumba and SIOC have had an opportunity to engage fully with the DMR in this regard and to consider the precise meaning and scope of the proposed conditions, shareholders will be updated as appropriate.



Shareholders are advised to exercise caution when trading in the Company?s shares and securities.
22-Oct-2015
(Official Notice)
Kumba released its production and sales report for the quarter ended 30 September 2015. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Sishen produced 7.7 million tonnes, a decrease of 17% due to a temporary lack of sufficient exposed high quality ore for blending purposes and adjustments to the mine plan and schedule as it transitions to the lower cost pit configuration. Whilst further improvement is anticipated in Q4, 2015 production is now expected to be
31mt (previous guidance 33mt). Waste mining activities are currently at
230mtpa and are expected to be maintained at this rate for FY?2015 and FY?2016 to ensure adequate levels of exposed ore. This compares to previous guidance of
200mtpa.



At Kolomela, the revised mining plans, including deferral of mining at one of three pits, were implemented. Efficiencies and throughput at the plant continued to improve resulting in production of 3.3mt for the quarter. Production for the year has been revised upwards to 12mt (previously 11mt) and, in order to ensure feed to the plants at this rate going forward, waste mining has been increased to 44-45mt from the previous guidance of 35-38mt.



In accordance with the closure plans for Thabazimbi, mining ceased at the end of September 2015 but some processing of previously mined material through the plant will continue until 2016. Export sales of 9.8mt were achieved, an increase of 9%, due to improved rail and port operating performance. Sales were 16% lower on the previous quarter as two derailments occurred on the Sishen? Saldanha line reducing railings to port by approximately1.6mt. The annual Transnet maintenance shutdown which is usually scheduled for August was therefore postponed to early October. Export sales are nevertheless still expected to be more than 43mt for the full year.



Total finished product stock was at 4.7mt as at 30 September 2015 compared with 6.5mt at year end. The financial information on which the above forecast is based has not been reviewed and reported on by the company?s external auditors.
21-Jul-2015
(C)
16-Jul-2015
(Official Notice)
Kumba commenced a consultation process in terms of section 189 of the Labour Relations Act, through its subsidiary Sishen Iron Ore Company (Pty) Ltd., as part of closure procedures at its Thabazimbi mine in Limpopo Province, South Africa. Kumba?s decision to close the operation follows an extensive review of the Thabazimbi mine and is in response to a combination of factors that have affected the mine?s economic viability. These include the following:

*the mine is more than 80 years old, and has over the past 15 years had its closure postponed 6 times through a number of mine life extension plans;

*difficult mining conditions due to the inherent geo-technical complexities are now exacerbated by a limited remaining iron ore resource;

*very high operating costs which are due to high waste stripping requirements; and

*a slope failure on 6 June 2015 which has rendered the iron ore resources in the one remaining pit uneconomic to mine.



The closure of the mine will impact approximately 800 employees and 360 contractors. Kumba is conducting extensive consultations and this will continue throughout the process.



Guided by global best practice, the Anglo American Closure Standards and the applicable statutes, Kumba will strive to conclude the process as soon as possible, taking employees, the environment, Thabazimbi town and its community into consideration throughout.
16-Jul-2015
(Official Notice)
Kumba production and sales report for the quarter ended 30 June 2015



Kumba released its production and sales report for the quarter ended 30 June 2015. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

*Total production at 10.4 Mt decreased by 9% compared to Q2 2014 and was 15% lower compared to the previous quarter.

*Total export sales volumes increased to 11.7 Mt, 14% higher than Q2 2014 and 2% more than the previous quarter.



Sishen mine produced 7.2 Mt, a decrease of 14% compared to Q2 2014, and 19% lower compared to the previous quarter, largely due to mining feedstock constraints to the plants. Waste mined increased 22% to 58 Mt compared to Q2 2014.



Kolomela mine continued to perform strongly, producing 2.9 Mt for the quarter.



Production at Thabazimbi mine almost doubled year-on-year.



Record export sales of 11.7 Mt, an increase of 14% was achieved, due to sales of stock at Saldanha and Qingdao as inventory levels continue to be managed downward to their optimum level of
4 Mt. In addition, reclaimer maintenance impacted prior year sales export volumes from Kolomela.



Total finished product stocks decreased to 4 Mt as at 30 June 2015 compared with 6.5 Mt at year end.
15-Jul-2015
(Official Notice)
Shareholders are advised that Kumba is currently finalising its results for the half year ended 30 June 2015 ("the period"), which will be released on SENS on 21 July 2015.



In accordance with section 3.4 (b) of the JSE Listings requirements and further to the trading statement released on 8 May 2015 in which the Company indicated that headline earnings per share ("HEPS") and basic earnings per share ("EPS") for the period would be more than 20% lower than the previous six months ended 30 June 2014 (?the comparative period?); shareholders are advised that headline earnings for the period are likely to be between R2,410 million and R2,585 million, with basic earnings expected to be between R2,400 million and R2,575 million. HEPS is likely to be between R7.50 and R8.05, a decrease of between 60% and 63%, with EPS expected to be between R7.47 and R8.02, a decrease of between 60% and 63%.



Reported headline earnings and basic earnings for the comparative period (released on SENS on 22 July 2014) were R6,505 million and R6,511 million respectively, while reported HEPS and EPS for the comparative period were R20.28 and R20.30 respectively.



The significant decrease in export iron ore prices is largely responsible for the decrease in earnings, and has also resulted in the derecognition of a deferred tax asset of R617 million, included in both HEPS and EPS, in the current period. Normalised earnings per share, excluding this item, are likely to be between R9.35 and R10.00, a decrease of between 51% and 54% on the normalised earnings per share of the comparative period of R20.28.

29-Jun-2015
(Official Notice)
The announcement below is published in compliance with paragraph 3.59 of the Listings

Requirements of the JSE Ltd.



The Board of Kumba is pleased to announce the appointment of Mr Andile Sangqu as a non-executive director of the Company with effect from 29 June 2015.



Mr Sangqu is currently the Executive Head of Anglo American South Africa and is being appointed onto the Company?s board as a shareholder representative of Anglo American plc.



He currently also serves as the Vice President of the Chamber of Mines. His qualifications include, amongst others, a Bachelor of Accounting Science (Honours), a Bachelor of Commerce and a Masters of Business Leadership.



Mr Sangqu will serve as a member of the Board?s Risk Committee and the Social, Ethics - Transformation Committee.
27-May-2015
(Official Notice)
Shareholders advised that Mr Gert Gouws has tendered his resignation as a non-executive director from the board of Kumba with effect from 8th May 2015.
08-May-2015
(Official Notice)
At the ninth (9th) annual general meeting ("AGM") of the shareholders of Kumba held, 8 May 2015, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
08-May-2015
(Official Notice)
Kumba's results for the six months ending 30 June 2015 ("the period") will be released on SENS on 21 July 2015. Both headline earnings and basic earnings for the period are likely to be at least R1,302 million (20%) lower than the previous 6 months ended 30 June 2014 ("the comparative period").



Headline earnings and basic earnings reported for the comparative period (as released on SENS on 22 July 2014) were R6,505 million and R6,511 million respectively, while headline earnings per share ("HEPS") and earnings per share ("EPS") reported for the comparative period were R20.28 and R20.30 respectively.



The decrease in earnings is primarily attributable to the significant decrease in export iron ore prices during the period.



In this regard, both HEPS and EPS are also likely to be at least R4.06 (20%) lower than those of the comparative period. Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges for HEPS and EPS as required by the JSE Ltd. Listings requirements.



The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company's external auditors.
30-Apr-2015
(Official Notice)
Shareholders are advised that Ms Khanyisile Kweyama has tendered her resignation from the board of Kumba with effect from 29 April 2015. Her current position as Chief Executive Officer of Business Unity South Africa has rendered it difficult for her to dedicate the time required to execute her board responsibilities at Kumba.
23-Apr-2015
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 March 2015. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

*Total production increased by 7% compared to Q1 2014 and was 2% lower compared to the previous quarter at 12.2 Mt.

*Total export sales volumes increased by 22% compared to Q1 2014 and decreased by 2% compared to the previous quarter at 11.5 Mt.



Sishen mine produced 8.9 Mt, an increase of 3% when compared to Q1 2014 but was 4% lower than Q4 2014. The implementation of the Operating Model in the North mine continues to yield improved operating equipment productivity. The Operating Model is now being rolled out to the pre-strip mining and heavy mining equipment maintenance (HME) areas of the mine. Waste removal increased by 27% to 49 Mt relative to Q1 2014. The redesign of the western pushbacks of the pit and increased vertical rate of advance, in conjunction with waste removal run rates indicate sufficient ore exposure to support our 2015 production guidance of 36 Mt.



Kolomela mine produced another solid quarterly performance in line with achieving full year guidance of 11 Mt. The mine produced 3.0 Mt for the quarter, an increase of 18% on Q1 2014 and by 9% compared to Q4 2014, due largely to improved plant performance.



Production at Thabazimbi mine almost doubled, but decreased by 26% compared to Q4 2014 to 0.3 Mt. Thabazimbi remains under review with a decision on its future expected in the near term.



Total export sales volumes of 11.5 Mt increased by 22% relative to Q1 2014 but decreased by 2% compared to Q4 2014, mainly due to higher production, improved logistics performance and the utilisation of the Multi-Purpose Terminal at Saldanha port



Domestic sales volumes increased by 1% relative to Q1 2014 and by 59% compared to Q4 2014 to 1.4 Mt.



Total finished product stockpile levels amounted to 6.1 Mt as at 31 March 2015.



The significant weakness in iron ore prices has necessitated a review of our business. Whilst a number of actions have already been implemented, further initiatives are being taken to reduce capital expenditure and lower the cost of production.
27-Mar-2015
(Official Notice)
Shareholders are advised that Kumba?s audited condensed annual financial statements will be distributed to shareholders on 27th March 2015 and contains no modification to the audited results which were published on SENS on 10th February 2015. The Company?s full audited annual financial statements for the financial year ended 31 December 2014 will be published on the Company?s website, www.angloamericankumba.com, at 09:00am (CAT) on 30th March 2015.



Notice of the annual general meeting

Notice is hereby given that the ninth annual general meeting of shareholders will be held at the Kumba Corporate Office, Centurion Gate, 124 Akkerboom Road, Centurion on Friday, 8 May 2015 at 09:00am (CAT), to transact the business as stated in the annual general meeting notice, which will be distributed to shareholders on 27th March 2015, together with the audited condensed annual financial statements.



Salient dates

Record date to determine which shareholders are entitled to receive the notice of annual general meeting: Friday, 20th March 2015

Last day to trade in order to be eligible to attend and vote at the annual general meeting: Wednesday, 22nd April 2015

Record date to determine which shareholders are entitled to attend and vote at the annual general meeting: Thursday, 30th April 2015

Date by which forms of proxy for the annual general meeting should be lodged: Tuesday, 5th May 2015



Any proxy forms not lodged by this date must be handed to the chairman immediately prior to the commencement of the annual general meeting



Shareholders are hereby advised that the Company?s Integrated Report and Sustainable Development Report for 2014 will be released on the Company?s website today.
10-Feb-2015
(C)
28-Jan-2015
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 December 2014. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (?SIOC?), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

* Total production increased by 10% compared to Q4 2013 and decreased by 4% compared to the previous quarter to 12.4 Mt in line with the production plan.

* Strong performance at Kolomela mine continued with 2.7 Mt produced for the quarter, in line with Q4 2013 and down by 19% compared to the previous quarter?s record performance in line with the production plan.

* Total export sales volumes increased by 23% to 11.7 Mt compared to Q4 2013 and by 29% compared to the previous quarter.



Sishen mine produced 9.3 Mt, an increase of 11% compared to Q4 2013 and in line with the previous quarter. Waste removal increased by 20% to 50 million tonnes. Total waste mined for 2014 was 187 million tonnes, up 12% compared to the prior year. While this is below the previously announced 2014 target of 220 million tonnes, the redesign of the western pushbacks of the pit, in conjunction with increased vertical rate of advance and current waste removal run rates means sufficient ore has been exposed to support the 2015 production target of 36 million tonnes.



Kolomela mine continued to perform strongly, producing 2.7 Mt for the quarter, in line with Q4 2013 and down 19 % on the record production of the previous quarter. Production at Thabazimbi mine more than doubled compared to Q4 2013 and increased by 25% compared to the previous quarter, to 0.4 Mt. Total export sales volumes of 11.7 Mt increased by 23% compared to Q4 2013 and by 29% compared to the previous quarter, partly as a result of shipments through Saldanha?s Multi-Purpose Terminal.



Domestic sales volumes of 0.9 Mt decreased by 31% compared to Q4 2013 and by 20% compared to the previous quarter. Total finished product stockpile levels were 6.5 Mt as at 31 December 2014 compared to 2.9 Mt as at 31 December 2013 and 6.5 Mt as at 30 September 2014.
23-Jan-2015
(Official Notice)
Kumba's results for the twelve months ended 31 December 2014 ("the period") will be released on SENS on 10 February 2015. In this regard, shareholders are advised that headline earnings for the period are likely to be between R10.610 million and R11.410 million, with basic earnings expected to be between R10.220 million and R11.020 million. Headline earnings per share ("HEPS") is likely to be between R33.10 and R35.60, a decrease of between 26% and 31%, with basic earnings per share ("EPS") expected to be between R31.90 and R34.40, a decrease of between 28% and 34%.



Reported headline earnings and basic earnings for the 12 months ended 31 December 2013 (released on SENS on 11 February 2014) ("the comparative period") were R15.443 million and R15.446 million respectively, while reported HEPS and EPS for the comparative period were R48.08 and R48.09 respectively. The decrease in earnings is largely attributable to a significant decrease in export iron ore prices, partially offset by a weaker exchange rate during the period.
09-Dec-2014
(Official Notice)
05-Nov-2014
(Official Notice)
Kumba's results for the twelve months ending 31 December 2014 ("the period") will be released on SENS on 10 February 2015. Both headline earnings and basic earnings for the period are likely to be at least R3.089 million (20%) lower than the previous 12 months ended 31 December 2013.



Headline earnings and basic earnings reported for the 12 months ended 31 December 2013 (as released on SENS on 11 February 2014) ("the comparative period") were R15.443 million and R15.446 million respectively, while headline earnings per share ("HEPS") and earnings per share ("EPS") reported for the comparative period were R48.08 and R48.09 respectively.



The decrease in earnings is largely attributable to a significant decrease in export iron ore prices, partially offset by a weaker exchange rate during the period.



In this regard, both HEPS and EPS are also likely to be at least R9.62/share (20%) lower than those of the comparative period. Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges for HEPS and EPS as required by the JSE Listing requirements.



The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company's external auditors.
23-Oct-2014
(Official Notice)
Kumba released its production and sales report for the quarter ended 30 September 2014. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. ("SIOC"), and attributable to shareholders of Kumba as well as the non- controlling interests in SIOC.



Overview:

* Total production increased by 37% compared to Q3 2013 and by 13% compared to the previous quarter to 13.0 Mt

* Export sales volumes decreased by 4% compared to Q3 2013 and by 12% compared to the previous quarter to 9.1 Mt

* Domestic sales volumes decreased by 14% compared to Q3 2013 and by 18% compared to the previous quarter to 1.1 Mt



Sishen mine performed well against its operational plan, producing 9.3 Mt for the quarter, an increase of 44% compared to Q3 2013 and 11% compared to the previous quarter. Waste removal increased by 14% compared to Q3 2013 and by 4% compared to the previous quarter. Waste removal run rates are currently meeting targets. Additional contractor capacity has been secured and the waste backlog from H1 2014 is expected to be caught up during Q4 2014 and Q1 2015. Waste mining at Sishen is anticipated to be between 190 Mt and 200 Mt for the year. Sishen mine is on track to produce 35 Mt, 36 Mt and 37 Mt in 2014, 2015, and 2016 respectively.



Kolomela mine continued to perform strongly, producing 3.4 Mt for the quarter, and is expected to produce
11 Mt in 2014. Production at Thabazimbi mine increased, by 39% compared to Q3 2013 and by 85% compared to the previous quarter, to 0.3 Mt. Export sales volumes decreased by 4% compared to Q3 2013 and by 12% compared to the previous quarter to 9.1 Mt. The decrease is mainly attributable to the annual Transnet maintenance shutdown in August and a slow start up thereafter, and not due to market conditions. The logistics system is back to operating at normal run rates.



Total finished product stocks increased to 6.5 Mt as at 30 September 2014 compared to 3.6 Mt as at 30 June 2014 and 2.4 Mt as at 30 September 2013, due to the production ramp-up and the logistics constraints mentioned earlier. Domestic sales volumes of 1.1 Mt decreased by 14% compared to Q3 2013 and by 18% compared to the previous quarter.
09-Sep-2014
(Official Notice)
Shareholders are advised that Kumba will be delivering a presentation at the JSE ESG Investor Briefing today, 9 September 2014. The presentation will be available on the company's website, www.angloamericankumba.com, at 11:30am CAT today, 9 September 2014.
31-Jul-2014
(Official Notice)
Kumba announced that the company and its recognised unions with bargaining rights, the National Union of Mineworkers (NUM) and Solidarity, have signed a three-year wage agreement for bargaining category employees. The agreement is effective from 1 July 2014 till 30 June 2017 and will provide for increases of between 8.5% and 10% in the first two years and between 7.5% and 9% in the third.



Negotiations started on 5 June 2014, culminating in the signing of the agreement on 30 July 2014.
22-Jul-2014
(C)
17-Jul-2014
(Official Notice)
Kumba Iron Ore Limited ("Kumba") released its production and sales report for the quarter ended 30 June 2014. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company Proprietary Limited ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

*Total production increased by 2% compared to Q2 2013 and by 1% compared to the previous quarter to 11.5 Mt, as Kolomela mine?s production was 14% higher than Q2 2013 and 17% higher than the previous quarter.

*Export sales volumes increased by 1% compared to Q2 2013 and by 9% compared to the previous quarter to 10.3 Mt.

*Domestic sales volumes increased by 21% compared to Q2 2013 to 1.4 Mt due to increased off-take by ArcelorMittal South Africa Limited ("ArcelorMittal S.A.").



Sishen's pit continued to be mined according to the production recovery plan during the quarter. The mine?s production was 8.3 Mt for the quarter, a decrease of 3% compared to Q2 2013 and 4% compared to the previous quarter. Sishen mine remains on track to produce
35Mt in 2014. Unseasonal rainfall during May 2014 slightly hampered waste pre-stripping operations. Waste removal, however, increased by 8% compared to Q2 2013 and by 24% compared to the previous quarter. Waste mining plans for the second half of the year were completed and are being executed, which includes continuous ramp-up and fleet efficiency improvements, to recover the waste shortfall.



Kolomela mine continued to perform strongly, producing 2.9 Mt for the quarter, and is on track to produce
10Mt in 2014. Production at Thabazimbi mine increased by 36% compared to Q2 2013 and by 15% compared to the previous quarter to 0.2 Mt. Export sales volumes increased by 1% compared to Q2 2013 and by 9% compared to the previous quarter to 10.3 Mt. Domestic sales volumes of 1.4 Mt increased by 21% compared to Q2 2013 due to increased off-take by ArcelorMittal S.A., but decreased by 3% compared to the previous quarter. Total finished product stocks were 3.6 Mt as at 30 June 2014, 30 June 2013 and 31 March 2014.
11-Jul-2014
(Official Notice)
Kumba is currently finalising its results for the six months ended 30 June 2014 ("the period"), which will be released on SENS on 22 July 2014. Headline earnings and basic earnings for the period are expected to be between R6 255 million and R6 895 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") to be between R19.50 and R21.50.



Headline earnings and basic earnings reported for the six months ended 30 June 2013 (as released on SENS on 23 July 2013) ("the comparative period") were R7 748 million and R7 759 million respectively while HEPS and EPS reported for the comparative period were R24.13 and R24.16 respectively.



The decrease in earnings is largely attributable to a decrease in export iron ore prices.
26-May-2014
(Official Notice)
The board of Kumba announces the appointment of Ms Avanthi Parboosing as company secretary with effect from 28 July 2014. She will be replacing Mr Kevin Lester, Head of Legal Anglo American South Africa, who has been acting as company secretary on a temporary basis from 1 March 2014. The board expresses gratitude to Mr Lester for his contribution to the company during this time.
09-May-2014
(Official Notice)
At the eighth (8th) annual general meeting ("AGM") of the shareholders of Kumba held on Friday, 9 May 2014 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
24-Apr-2014
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 March 2014. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

* Total production increased by 10% compared to Q1 2013 and was in line with the previous quarter at 11.3 Mt, as production at Sishen mine continued to improve and Kolomela mine continued its strong performance.

* Total sales volumes of 10.8 Mt were in line with Q1 2013 and the previous quarter.



Implementation of the production recovery plan at Sishen mine continued during the quarter, although this was hampered by excessive rainfall that affected waste removal. Sishen mine had 430 mm of rain in Q1 2014, more than its annual average rainfall of 385 mm. Waste removal, however, increased by 3.4% compared to Q1 2013. The mine?s production was 8.7 Mt for the quarter, an increase of 15% compared to Q1 2013 and 3% compared to the previous quarter. Production in Q1 2013 was negatively impacted by the unprotected strike in Q4 2012. Sishen mine remains on track to produce
35Mt in 2014. Kolomela mine continued its strong performance, producing 2.5 Mt for the quarter, and is on track to produce
10Mt in 2014.



Production at Thabazimbi mine increased by 52% compared to Q1 2013 and by 4% compared to the previous quarter to 0.2 Mt. Total export sales volumes decreased by 5% compared to Q1 2013 and by 1% compared to the previous quarter to 9.4 Mt. During the quarter a reclaimer at Kolomela mine, which moves product onto the rail loading conveyor, suffered structural failure and was out of service for maintenance for five weeks. This event reduced dispatches from Kolomela mine during the quarter, which are expected to be made up by the end of Q2 2014.



Domestic sales volumes increased by 60% compared to Q1 2013 and by 8% compared to the previous quarter to 1.4 Mt due to increased off-take by ArcelorMittal South Africa Ltd. Total finished product stocks were 3.6 Mt as at 31 March 2014 (3.5 Mt excluding Thabazimbi mine), compared to 3.3 Mt as at 31 March 2013 and 2.8 Mt as at 31 December 2013.
28-Mar-2014
(Official Notice)
Shareholders are advised that Kumba's audited condensed consolidated annual financial statements, which are included in its integrated report, will be distributed to shareholders on 4 April 2014 and contain no modification to the audited results which were published on SENS on 11 February 2014. The company's full audited annual financial statements, together with the integrated report and sustainable development report for the financial year ended 31 December 2013, will be published on the company's website, www.angloamericankumba.com, at 09:00am (CAT) today, 28 March 2014.



Notice of the annual general meeting

Notice is hereby given that the eighth annual general meeting of shareholders will be held at the Kumba Corporate Office, Centurion Gate, 124 Akkerboom Road, Centurion on Friday, 9 May 2014 at 10:00am (CAT), to transact the business as stated in the annual general meeting notice forming part of the integrated report.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of annual general meeting -- Thursday, 20 March 2014

*Last day to trade in order to be eligible to attend and vote at the annual general meeting -- Wednesday, 23 April 2014

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting -- Friday, 2 May 2014

*Forms of proxy for the annual general meeting should be lodged on* Tuesday, 6 May 2014

*any proxy forms not lodged by this date must be handed to the chairman of the annual general meeting immediately prior to the annual general meeting.
11-Feb-2014
(Official Notice)
Kumba announced that the Department of Mineral Resources ("DMR") has granted Sishen Iron Ore company (Pty) Ltd. ("SIOC") the mining right for the Rail Properties at the Sishen mine, which right SIOC applied for in October 2013.



As the company informed the market in a SENS announcement on 15 October 2013 these properties were previously occupied by a Transnet railway line that has been relocated as part of the Sishen Western Expansion Project to extend the pit in a south-westerly direction. As Transnet previously held the surface rights over the properties, the properties were excluded from the Sishen Mining Right area. The affected area is about 30m wide, traversing the mine area for about 14 km in a north to south direction, immediately adjacent to the west of the current Sishen pit.



The granting of the mining right gives SIOC access to the approximately 33% of the Sishen reserve included in SIOC's Life of Mine plan which is located on either side of the affected area. This portion of the reserve, which had been classified as probable, can now be reclassified as proven.



The company will accordingly proceed with the implementation of its mining plan and will start waste stripping in the affected area from 2H14.
11-Feb-2014
(C)
Revenue for the year ended 31 December 2013 shot up to R54.5 billion (2012: R45.4 billion). Operating profit grew to R28.4 billion (2012: R23.6 billion), while profit attributable to owners of Kumba was higher at R15.4 billion (2012: R12.5 billion). Furthermore, headline earnings per share jumped to 4 808cps (2012: 3 883cps).



Dividend

At its Board meeting on 7 February 2014 the directors approved a gross final cash dividend of 1 994cps on the ordinary shares from profits accrued during the year ended 31 December 2013. The dividend has been declared from income reserves.



Outlook

It is anticipated that global crude steel demand in 2014 will grow further by 3%, with China's production rising to about 806 Mt, up 4%, while growth in production in other developing countries is expected to be countered by a reduction in output in some of the developed markets. It is anticipated, however, that the supply/demand balance will shift in the second half of 2014 due to more supply from Australia and Brazil, and slowing demand growth. This is expected to put some pressure on the iron ore price in the second half of 2014.



The Sishen mine recovery and optimisation plan expects a phased production increase from the 30.9 Mt in 2013, to approximately 35 Mt in 2014. As the ore body dips and thins to the west, waste stripping of up to 270 Mtpa is required by 2016 for the production of 37 Mtpa at current marketing specifications.



At Kolomela mine, technical studies have confirmed the mine?s capacity to sustain production at 10 Mtpa, 1 Mtpa above its original design capacity. Further, incremental expansions of the mine are also being studied.
05-Feb-2014
(Official Notice)
The board of the company announces that Mr Vusani Malie will resign as company secretary of Kumba with effect from 1 March 2014. Mr Kevin Lester, Head of Legal Anglo American South Africa will be appointed as acting company secretary with effect from 1 March 2014.

29-Jan-2014
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 December 2013. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Sishen mine's production increased by 39% compared to Q4 2012 and by 31% compared to the previous quarter to 8.4 Mt as production recovered following the impact of the unprotected strike in Q4 2012, section 54 regulatory safety stoppages in August 2013 and ongoing pit constraints. The Sishen pit remains constrained, which impacts availability of material supplied to the processing plants. A production recovery plan to address the current pit constraints and a longer term operational optimisation strategy is being implemented.



Kolomela mine continued with its excellent quarterly performance despite a planned maintenance stoppage at the mine. The mine produced 2.7 Mt for the quarter, a marginal decrease of 2% compared to Q4 2012 and 2% on the previous quarter. Production exceeded monthly design capacity for most of the year, and reached a new record level during October 2013. Technical studies have confirmed the mine's capacity to sustain production at 10 Mtpa for the life of mine, 1 Mtpa above its original design capacity.



Production at Thabazimbi mine decreased by 17% compared to Q4 2012 and by 37% compared to the previous quarter to 0.2 Mt. An agreement regulating the sale and purchase of iron ore between SIOC and ArcelorMittal South Africa Ltd. ("ArcelorMittal S.A."), which is effective from 1 January 2014, may enable the extension of the life of Thabazimbi mine through the introduction of low grade beneficiation technologies.



Total export sales volumes of 9.5 Mt increased by 6% compared to Q4 2012 and by 1% compared to the previous quarter, mainly due to the recovery in Sishen mine's production.



Domestic sales volumes increased by 57% compared to Q4 2012 to 1.3 Mt due to increased off-take by ArcelorMittal S.A., but remained largely unchanged compared to the previous quarter.



Total finished product stockpile levels amounted to 2.8 Mt as at 31 December 2013 compared to 3.7 Mt as at 31 December 2012 and 2.2 Mt as at 30 September 2013.
17-Jan-2014
(Official Notice)
Kumba is currently finalising its results for the twelve months ended 31 December 2013 ("the period"), which will be released on SENS on 11 February 2014. Headline earnings and basic earnings for the period are expected to be between R14.950 million and R15.750 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") to be between R46.60 and R49.00.



Headline earnings and basic earnings reported for the 12 months ended 31 December 2012 (as released on SENS on 12 February 2013) ("the comparative period") were R12.198 million and R12.212 million respectively while HEPS and EPS reported for the comparative period were R37.97 and R38.02 respectively. The increase in earnings is largely attributable to an increase in export iron ore prices and a weaker ZAR:USD exchange rate, partially offset by lower production from Sishen mine during the period.
17-Dec-2013
(Official Notice)
Kumba's results for the twelve months ending 31 December 2013 ("the period") will be released on SENS on or about 11 February 2014. Headline earnings and basic earnings for the period are likely to be at least 20% higher than the previous 12 months, ended 31 December 2012.



Headline earnings and basic earnings reported for the 12 months ended 31 December 2012 (as released on SENS on 12 February 2013) ("the comparative period") were R12.198 million and R12.212 million respectively while headline earnings per share ("HEPS") and earnings per share ("EPS") reported for the comparative period were R37.97 and R38.02 respectively. The increase in earnings is largely attributable to an increase in export iron ore prices and a weaker exchange rate, partially offset by lower production from Sishen mine during the period.



In this regard, HEPS and EPS are also likely to be at least 20% higher than those of the comparative period. Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges for HEPS and EPS as required by the JSE Listing requirements.
12-Dec-2013
(Official Notice)
12-Dec-2013
(Official Notice)
Shareholders were advised on 28 March 2013 that the Supreme Court of Appeal ("SCA") dismissed the appeals of the Department of Mineral Rights ("DMR") and Imperial Crown Trading 289 (Pty) Ltd. ("ICT") against the decision of the North Gauteng High Court, which, inter alia, set aside the grant of a prospecting right to ICT by the DMR and held that Sishen Iron Ore Company (Pty) Ltd. ("SIOC") became the exclusive holder of the mining rights in respect of the Sishen mine in 2008 when the DMR converted SIOC's old order mining rights. The SCA held that as a matter of law and as at midnight on 30 April 2009, SIOC became the sole holder of the mining right to iron ore in respect of the Sishen Mine, after ArcelorMittal South Africa Ltd. ("AMSA") failed to convert its undivided share of the old order mining right. On 23 April 2013, shareholders were advised that both ICT and the DMR lodged applications for leave to appeal against the SCA to the Constitutional Court. The Constitutional Court hearing was held on 3 September 2013.



Constitutional Court Decision:

On 12 December 2013, the Constitutional Court granted the DMR's appeal in part against the SCA judgment. In a detailed judgment, the Constitutional Court clarified that SIOC, when it lodged its application for conversion of its old order right, converted only the right it held at that time (being a 78.6% undivided share in the Sishen mining right). The Constitutional Court further held that AMSA retained the right to lodge its old order right (21.4% undivided share) for conversion before midnight on 30 April 2009, but failed to do so. As a consequence of such failure by AMSA, the 21.4% undivided right remained available for allocation by the DMR.



The Constitutional Court ruled further that, based on the provisions of the Mineral and Petroleum Resources Development Act ("the MPRDA"), the opportunity to apply for the residual 21.4% undivided share of the Sishen mining right is open to SIOC only. Shareholders have previously been advised that SIOC and AMSA have concluded a new agreement regulating the sale and purchase of iron ore to AMSA from SIOC's mines with effect from 1 January 2014 and that this agreement settles various disputes between AMSA and SIOC. For more information, shareholders are referred to the joint announcement which was made on 5 November 2013.
05-Nov-2013
(Official Notice)
18-Oct-2013
(Official Notice)
Kumba released its production and sales report for the quarter ended 30 September 2013. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (SIOC), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

*Total production decreased by 24% compared to Q3 2012 and by 16% compared to the previous quarter to 9.5 Mt, mainly impacted by ongoing pit constraints at Sishen mine and section 54 regulatory stoppages in August 2013.

*Exceptional performance at Kolomela mine continued with 2.8 Mt produced for the quarter, an increase of 12% compared to Q3 2012 and 9% compared to the previous quarter.

*Total export sales volumes decreased by 5% compared to Q3 2012 and by 7% compared to the previous quarter to 9.4 Mt.
15-Oct-2013
(Official Notice)
27-Sep-2013
(Official Notice)
Shareholders were previously advised that Kumba's subsidiary the Sishen Iron Ore Company (Pty) Ltd. ("SIOC") and ArcelorMittal South Africa Ltd. ("AMSA") (collectively "the Parties") had reached agreement on the basis of the new interim pricing agreement governing the terms and conditions on which SIOC will sell iron ore to AMSA from the Sishen Mine with effect from 1 January 2013 until 31 December 2013 or until the conclusion of the legal processes in relation to the 2001 Sishen Supply Agreement (whichever is the sooner).



Pursuant to the objective of ensuring long term stability and security of iron ore supply for domestic use, shareholders are advised that the Parties are engaging with one another in relation to the possibility of a new supply agreement for iron ore from SIOC's mines including the Sishen and Thabazimbi mines.



Please refer to the announcement simultaneously released by AMSA.



Shareholders will be informed of further developments as appropriate.
19-Sep-2013
(Official Notice)
The board of Kumba announced the resignation of David Maxwell Weston, and the appointment of Anthony Martin O'Neill as a non-executive director of the company, effective 30 September 2013. Mr Weston will retire from Anglo American plc at the end of September 2013.
15-Aug-2013
(Official Notice)
Shareholders are advised that Kumba will be hosting investors and analysts at its Sishen mine in the Northern Cape on 15 August 2013. The presentation, in support of this site visit, will be available on the Company's website, www.angloamericankumba.com, at 11:00am CAT this morning.
23-Jul-2013
(C)
Revenue increased to R26.3 billion (R25.2 billion) whilst operating profit lowered to R14.3 billion (R14.9 billion). Profit attributable to owners rose to R7.8 billion (R7.7 billion). Furthermore, headline earnings per share was higher at 2 413cps (2 388cps).



Dividend

At the board meeting on 19 July 2013 the directors declared a gross interim cash dividend of 2 010 cents per share on the ordinary shares from profits accrued during the year ending 31 December 2013. The dividend has been declared from income reserves.



Outlook

Steel fundamentals remain under pressure as the Chinese economy slows down, with manufacturing activity receding as a result of declining export orders. Iron ore prices are expected to remain under pressure as supply exceeds demand in the second half of the year, though restocking by steel mills may support prices in the near term.



Kumba's main objectives remain to satisfy domestic demand and to fill the iron ore export channel to optimise exports. The export capacity on the rail line is approximately 42 Mt and will remain so in the near future. With two operating mines in the Northern Cape, following Kolomela's successful ramp up in 2012, it brings the benefit of flexibility. Kumba has conducted a technical and strategic review of these assets over the past few months aimed at optimising production.



The production outlook for Sishen mine in 2013 remains at around 37 Mt, reflecting the knock-on effect of the 2012 strike. Sishen mines pit, however, remains constrained and therefore the planned waste ramp up is continuing as part of the strategy to improve mining flexibility for the longer term. Waste levels at the mine are planned to increase to between 240 Mt and 270 Mt by 2016. The estimated production level for Sishen mine is around 37 Mtpa going forward.



The production outlook for Kolomela mine remains at approximately 9 Mt for 2013. Export sales volumes for the year as a whole is expected to be around 40 Mt.



Profitability remains sensitive to iron ore export prices and the ZAR/USD exchange rate.
18-Jul-2013
(Official Notice)
Kumba today, 18 July 2013, released its production and sales report for the quarter ended 30 June 2013. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company Proprietary Ltd. ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Sishen mine's production decreased by 9% compared to Q2 2012 to 8.6Mt, impacted by the availability of material supplied to the mine?s plants and recovery from the unprotected strike in Q4 2012.



Production at Sishen mine increased by 13% compared to the previous quarter as production rates continued to improve, following the unprotected strike.



Kolomela mine, which was successfully ramped up in 2012, produced 2.6 Mt for the quarter, an increase of 49% compared to Q2 2012 and a decrease of 4% on the previous quarter.



Production at Thabazimbi mine decreased by 50% compared to Q2 2012 but increased by 28% compared to the previous quarter to 0.1 Mt, in line with ArcelorMittal South Africa Ltd.'s ("AMSA") requirements, while pit complexities and geotechnical challenges continue as the mine approaches the end of its life in terms of its current life of mine plan.



Total export sales volumes decreased by 4% compared to Q2 2012 but increased by 2% compared to the previous quarter to 10.2 Mt, which was as expected mainly due to lower production following the unprotected strike at Sishen mine in Q4 2012.



Domestic sales volumes decreased by 17% compared to Q2 2012, due to reduced off-take by AMSA, but increased by 28% on the previous quarter to 1.1 Mt.



Total finished product stockpile levels amounted to 3.3 Mt as at 30 June 2013.
10-May-2013
(Official Notice)
At the seventh annual general meeting of the shareholders of Kumba held on Friday, 10 May 2013 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
23-Apr-2013
(Official Notice)
Shareholders were advised on 28 March 2013 that the Supreme Court of Appeal had dismissed the appeals of the Department of Mineral Rights ("DMR") and Imperial Crown Trading 289 (Pty) Ltd. ("ICT") against the decision of the North Gauteng High Court, which, inter alia, set aside the grant of a prospecting right to ICT by the DMR. The Supreme Court of Appeal held that as a matter of law and as at midnight on 30 April 2009, Sishen Iron Ore Company (Pty) Ltd. ("SIOC") became the sole holder of the mining right to iron ore in respect of the Sishen Mine, after Arcelor Mittal South Africa Ltd. failed to convert its undivided share of the old order mining right.



Both ICT and the DMR have lodged applications for leave to appeal to the Constitutional Court against the decision of the Supreme Court of Appeal. Shareholders will be informed of any further material developments in this regard.
19-Apr-2013
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 March 2013. Throughout the report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.



Overview:

*Total production of 10.3 Mt represented increases of 2% year on year and 15% quarter on quarter mainly due to continued improvement in production rates at Sishen mine (quarter on quarter), together with the exceptional performance of Kolomela mine.

*Total export sales volumes were 9.9 Mt for the quarter, a decrease of 2% year on year and an increase of 11% quarter on quarter.



Sishen mine's production decreased by 11% year on year, but increased by 25% quarter on quarter to 7.6 Mt, as production rates at Sishen mine continued to improve, following the unprotected strike in the fourth quarter of 2012.



Kolomela mine, which is on track to produce at annual design capacity of 9Mt per annum in 2013, produced 2.7 Mt for the quarter, an increase of 77% year on year and a decrease of 4% quarter on quarter.



Production at Thabazimbi mine decreased by 25% year on year and by 43% quarter on quarter to 0.1 Mt, in line with ArcelorMittal South Africa Ltd.'s ("ArcMittal") requirements, while pit complexities and geotechnical challenges continue as the mine nears the end of its life. Total export sales volumes of 9.9 Mt were mostly in line with 2012 levels with a decrease of 2% year on year, but increased by 11% quarter on quarter mainly due to the impact of the unprotected strike at Sishen mine in the fourth quarter of 2012.



Domestic sales volumes decreased by 33% year on year due to reduced off-take by ArcMittal, but increased by 6% quarter on quarter to 0.9 Mt. Total finished product stockpile levels amounted to 3.3 Mt as at 31 March 2013.
28-Mar-2013
(Official Notice)
Shareholders were advised that Kumba's audited condensed consolidated annual financial statements, which are included in its integrated report, will be distributed to shareholders on 8 April 2013 and contain no modification to the audited results which were published on SENS on 12 February 2013. The company's full audited annual financial statements, together with the integrated report and sustainable development report for the financial year ended 31 December 2012, will be published on the company's website, www.angloamericankumba.com, at 09:00am (CAT) on 28 March 2013.



Notice of the annual general meeting

Notice is hereby given that the seventh annual general meeting of shareholders will be held at the Kumba Corporate Office, Centurion Gate, 124 Akkerboom Road, Centurion on Friday, 10 May 2013 at 10:00am (CAT), to transact the business as stated in the annual general meeting notice forming part of the integrated report.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of annual general meeting -- Thursday, 28 March 2013

*Last day to trade in order to be eligible to attend and vote at the annual general meeting -- Thursday, 25 April 2013

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting -- Friday, 3 May 2013

*Forms of proxy for the annual general meeting should Wednesday, 8 May 2013 be lodged on Wednesday, 8 May 2013
12-Feb-2013
(C)
25-Jan-2013
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 December 2012. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company (Pty) Ltd. (SIOC), and attributable to both shareholders of Kumba as well as the non- controlling interests in SIOC.



Production summary

Sishen mine's production decreased by 38% year on year and quarter on quarter to 6.0 Mt, owing principally to the impact of an illegal strike during the fourth quarter, and low attendance in the mining section subsequent to the strike action. As at 31 December 2012, around 5 Mt of production was lost at Sishen mine as a result of the prolonged impact on the production ramp up following the illegal strike. Production rates continue to improve.



The faster than planned ramp up of Kolomela mine contributed to offsetting the negative impact on production at Sishen mine. Kolomela mine exceeded monthly design capacity since July 2012 and reached record levels in the fourth quarter. The mine, which produced 2.8 Mt for the quarter, is on track to produce at design capacity of 9 Mt per annum in 2013.



Production at Thabazimbi mine decreased by 5% year on year and by 24% quarter on quarter to 0.2 Mt, mainly due to pit complexities as the mine nears the end of its life.



Total export sales volumes decreased by 6% year on year and by 10% quarter on quarter to 9.0 Mt, impacted by the illegal strike at Sishen mine, but partially supplemented by production from Kolomela mine and sales from finished product stockpiles. Destocking by steel mills during the beginning of the quarter saw a decline in the demand for seaborne iron ore and consequently weaker index iron ore prices. The market has since recovered with steel mills returning to the market, which is reflected in the increase in index iron ore prices.



Domestic sales volumes decreased by 33% year on year and by 28% quarter on quarter to 0.8 Mt due to reduced off-take by ArcelorMittal South Africa Ltd.



Total finished product stockpile levels amounted to 3.7 Mt as at 31 December 2012.
18-Jan-2013
(Official Notice)
Shareholders are advised that the special resolution approving the adoption of the Company's Memorandum of Incorporation was passed by the requisite majority of votes at the general meeting held on 18 January 2013. The special resolution will be lodged with the Companies and Intellectual Properties Commission in due course.
16-Jan-2013
(Official Notice)
Kumba is currently finalising its results for the twelve months ended 31 December 2012 ("the period"), which will be released on SENS on or about 12 February 2013. Headline earnings and basic earnings for the period are likely to be between R11,650 million and R12,450 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") to be between R36.30 and R38.80.



Headline earnings and basic earnings reported for the 12 months ended 31 December 2011 (as released on SENS on 9 February 2012) ("the comparative period") were R17,048 million and R17,042 million respectively while HEPS and EPS reported for the comparative period were R53.13 and R53.11 respectively. The decrease in earnings is largely attributable to a decrease in export iron ore prices in the period and the impact on production following the illegal strike at Sishen Mine. The financial information on which this trading statement is based has not been reviewed and reported on by the company's external auditors.
13-Dec-2012
(Official Notice)
Shareholders were previously advised that the Sishen Iron Ore Company (Pty) Ltd. ("SIOC") and ArcelorMittal South Africa Ltd. ("AMSA") were engaging with each other, under the guidance of a mediation process facilitated by the Department of Trade and Industry, with respect to the terms and conditions on which SIOC would sell iron ore to AMSA after 31 December 2012 and until the finalisation of the arbitration between the parties regarding the status of the 2001 Sishen Supply Agreement.



SIOC and AMSA have reached agreement on the basis of the new interim pricing agreement which will govern the terms and conditions on which SIOC will sell iron ore to AMSA from the Sishen Mine with effect from 1 January 2013("the new interim pricing agreement") and have agreed that SIOC will supply a maximum annual volume of 4.8 million tonnes of iron ore to AMSA at a weighted average price of USD65 per tonne (calculated on a FOR ex Sishen Mine gate basis). The lump: fine ratio which has been agreed is 60:40 and the iron ore specifications to be sold are the same as those which were contained in interim pricing agreement which had been agreed for the period 1 August 2012 to 31 December 2012 ("the August 2012 interim pricing agreement"). The other terms and conditions on which iron ore is sold to AMSA from the Sishen Mine will be on materially the same terms as those contained in the August 2012 interim pricing agreement.



The new interim pricing agreement will be definitive of the parties? rights in relation to the supply of iron ore to AMSA from the Sishen Mine for the duration of the new interim agreement. The new interim pricing agreement will endure for a period of 12 months (until 31 December 2013) or until the conclusion of the legal processes in relation to the 2001 Sishen Supply Agreement (whichever is the sooner).



Shareholders will be informed of further developments in this regard.
04-Dec-2012
(Official Notice)
Notice was given that a general meeting of Kumba ordinary shareholders will be held at 10h00 on Friday, 18 January 2013 at the offices of Kumba, Centurion Gate, Building 2B, 124 Akkerboom Street, Centurion, 0157 for the purposes of approving the Company's new Memorandum of Incorporation ("MOI").



A circular, setting out, inter alia, the rationale for the adoption of the new MOI and including a notice of general meeting, will be posted to shareholders on Tuesday, 4 December 2012. The salient dates for the approval of the MOI, also contained in the circular (which circular is available on the Company's website, www.angloamericankumba.com and at its offices set out above), are as follows:

* Record date to determine which shareholders are entitled to receive the circular containing the notice of general meeting on Friday, 23 November 2012

* Details of general meeting announcement released on SENS on Tuesday, 4 December 2012

* Last day to trade in order to be eligible to attend and vote at the general meeting on Friday, 4 January 2013

* Record date to determine which shareholders are entitled to attend and vote at the general meeting on Friday, 11 January 2013

* Last day to lodge forms of proxy with the transfer secretaries to vote at the general meeting by 10h00 on Wednesday, 16 January 2013

* General meeting of shareholders to be held at 10h00 on Friday, 18 January 2013

* Results of general meeting announcement released on SENS on Friday, 18 January 2013.
13-Nov-2012
(Official Notice)
Kumbas results for the twelve months ending 31 December 2012 ("the period") will be released on SENS on or about 12 February 2013. Headline earnings and basic earnings for the period are likely to be at least 20% lower than the previous 12 months, ended 31 December 2011.



Headline earnings and basic earnings reported for the 12 months ended 31 December 2011 (as released on SENS on 9 February 2012) ("the comparative period") were R17 048 million and R17 042 million respectively while headline earnings per share ("HEPS") and earnings per share ("EPS") reported for the comparative period were R53.13 and R53.11 respectively.



The decrease in earnings is largely attributable to a decrease in export iron ore prices in the period as well as the impact on production following the illegal strike at Sishen Mine. As previously announced, approximately 300 employees embarked on an illegal strike on Wednesday, 3 October 2012 at the mine. Production was suspended on Thursday, 4 October 2012, when the miners blocked access to the pit, creating an unsafe environment for mining operations. The illegal strikers were removed by the police on the morning of 16 October 2012 and approximately 200 employees were dismissed due to their participation in the illegal strike. Production recommenced on 20 October 2012 on a limited basis as attendance rates in the mining production area are still low, with incidences of intimidation still being reported, which continues to hamper production output at the mine. Due to the effects of the illegal strike, as at 9 November 2012, Kumba lost approximately 2.6Mt of finished product at Sishen Mine.



In this regard, HEPS and EPS are also likely to be at least 20% lower than those of the comparative period. Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges for HEPS and EPS as required by the JSE Listing requirements.
25-Oct-2012
(Official Notice)
22-Oct-2012
(Official Notice)
Kumba confirmed that production at the company's Sishen Mine continues to ramp up following the end of the illegal occupation of the mine by a small group of striking employees on Tuesday, 16 October 2012. Sishen's normal shift roster was restored towards the end of last week. In the first instance, employees reported for a two-day safety induction and certain mining activities resumed on Saturday, 20 October 2012. However, employee attendance rates in the mining production area are on average still lower than 50%, which is less than what is required for the full operation of the mine. The South African Police Service is maintaining a strong presence in the areas around the mine and incidences of intimidation are being reported to them. The company will provide a further update when it publishes its 3Q2012 production statement on Thursday, 25 October 2012.
16-Oct-2012
(Official Notice)
Shareholders were previously advised that the Sishen Iron Ore Company (Pty) Ltd. ("SIOC") and ArcelorMittal South Africa Ltd. ("AMSA") were continuing to engage with one another in relation to the terms and conditions on which SIOC would sell iron ore to AMSA after 31 December 2012 and until the finalisation of the arbitration between the parties regarding the status of the 2001 Sishen Supply Agreement.



As previously indicated, these engagements are continuing to take place with the assistance of an appointed mediator, and the mediation process is being facilitated by the Department of Trade and Industry. The mediation process is confidential and remains on-going. Shareholders will be informed of any material developments in this regard.
16-Oct-2012
(Official Notice)
Kumba announces that the illegal occupation of the company's Sishen Mine has been brought to an end by the police who removed the strikers in the early hours of the morning (Tuesday, 16 October 2012). The company has regained possession of all the heavy mining equipment which was held by the illegal strikers who occupied the mine since 3 October 2012. Any damage to equipment is being assessed and the company has plans in place to restore the mine to full production as soon as possible.



The majority of the illegal strikers ignored an ultimatum to leave the mine and report for disciplinary hearings by 11:00 on Monday, 15 October 2012 to explain why they should not be dismissed. As a result, those persons have been dismissed. Criminal charges of extortion, intimidation, theft, trespassing, malicious damage to property and contempt of court have been laid.



On Monday, 15 October 2012, the company served a Labour Court order on the illegal strikers, instructing them to immediately leave the mine, release the equipment they hold, and not come within 500 meter of the company's premises. The Court also instructed the SAPS to remove the illegal strikers should they not obey the order.
15-Oct-2012
(Official Notice)
The board of Kumba announced the resignation of Godfrey Gomwe, and the appointment of Khanyisile Kweyama as a non-executive director of the company, effective 15 October 2012.
12-Oct-2012
(Official Notice)
Kumba regrets to inform shareholders that talks with a group of illegal strikers occupying the Company?s Sishen Mine, to get them to leave the mine, have not been successful. As a result, the employees will now be notified to attend disciplinary hearings to show cause why they should not be dismissed and criminal charges will now be laid against them. A court order declaring the strike as unprotected and unlawful was served on the strikers last week.



Events leading up to the strike are summarised as follows: In the early hours of Wednesday morning, 3 October 2012, a group of approximately 300 employees on the night shift stopped working and seized the heavy mining equipment fleet that they were using. This includes 88 haul trucks and 13 pieces of secondary equipment (e.g. bulldozers), valued at about R3.3 billion.



The strikers are demanding a monthly salary increase of R15 000 for all Kumba employees (over and above what they are already earning) and have on several occasions threatened to destroy the equipment if their demands are not met. To date only limited damage had been caused. The group has taken up position on top of one of the mine dumps adjacent to Sesheng township in Kathu.



It is estimated that of the original group, less than 120 strikers remain on the dump. This is mainly due to individual strikers abandoning the strike and slipping away into the surrounding community under cover of darkness. Some have also handed themselves over to the SAPS at the gate, while others have left for medical reasons (e.g. high blood pressure) and were admitted to hospital with the assistance of the company. They have not rejoined the strike. Kumba has kept local, provincial and national government abreast of developments since the start of the strike and is in constant contact with its recognised unions. The company will provide further updates as appropriate.
08-Oct-2012
(Official Notice)
Kumba Iron Ore (Kumba) confirms that engagement is continuing with the less than 300 employees who embarked on an illegal strike on Wednesday, 3 October 2012, at the company's Sishen Mine in the Northern Cape. The strikers are demanding a monthly salary increase of R15 000 for all Kumba employees over and above what they are already earning.



The company's engagement with the strikers is focused on encouraging them to leave the mine property, securing all mining equipment and to resume safe mining operations as soon as possible. Production was suspended on Thursday, 4 October 2012, when the strikers blocked access to the pit, creating an unsafe environment for mining operations. The company is losing approximately 120 000 tonnes per day of finished product due to the illegal strike. However, Kumba currently estimates that it will have sufficient production from its other mines and stockpiles of finished product at Sishen Mine and Saldanha to continue supplying its customers until mid-October. The loading operations at Sishen Mine have also been affected by the illegal strike and therefore not all load-out stations are operating at full capacity.



The strikers are all permanent employees belonging to the company's recognised unions, but are acting on their own without union representation. Sishen Mine employs approximately 12,700 workers. Kumba concluded a two-year wage agreement with organised labour two months ago that makes provision for an increase of between 9% and 12% (total cost to company), which is well above the rate of inflation. Permanent staff below management level also benefit from Envision, an employee share scheme, that paid out R2.7 billion to 6 209 members at its first maturity date in December 2011. Each Envision scheme member who has been employed by the company since its market listing in 2006 received a pre-tax cash payout of approximately R570 000 at the time. Envision scheme members also receive dividends twice a year which amounted to R33 675 (pre-tax) per member in August 2012.



The company will provide further updates as appropriate.
04-Oct-2012
(Official Notice)
Kumba has announced that it has suspended production at the company's Sishen Mine where approximately 300 striking employees are blocking access to the pit. Production continued until last night from material stockpiles. The mine has obtained a court order declaring the strike illegal. Efforts to try and engage the strikers are continuing and the company is supplying them with food and water.



The strike started on Wednesday, 3 October 2012 however, in the absence of a formal engagement process their demands are still not clear. The strike is being handled in line with the company's labour relations procedure, with due consideration to the safety of the majority of those workers who are not taking part in the illegal action and who wish to return to work. The mine employs approximately 12 700 workers. Kumba has sufficient production from its other mines and stockpiles of finished product to continue supplying its customers for some time and is in constant contact with its stakeholders to update them on developments. The company will provide further updates as appropriate.
03-Oct-2012
(Official Notice)
Kumba has confirmed that about 300 employees at the company's Sishen Mine in the Northern Cape have embarked on unprotected industrial action since last night. The employees are not represented by any of the recognised unions and their exact demands are not clear. The action is limited to one area within the vast mining area of the open cast mine leaving most of the mine unaffected.



The action is being dealt with in line with the company's labour relations procedure, with due consideration to the safety of the vast majority of workers who are not taking part in the unprotected strike. The company will provide further updates as appropriate.
23-Aug-2012
(Official Notice)
Shareholders were previously advised that the Sishen Iron Ore Company (Pty) Ltd. ("SIOC") and ArcelorMittal South Africa Ltd. ("AMSA") had agreed upon an interim pricing agreement ("the extended interim pricing agreement") in respect of the sale of iron ore to AMSA from the Sishen Mine for the period from 2010 to 31 July 2012. This agreement, which expired on 31 July 2012, provided that SIOC would sell iron ore from the Sishen Mine to AMSA's Newcastle and Vanderbijlpark facilities at USD70 per tonne and to Saldanha Steel at USD50 per tonne, being a weighted average price of USD65/t.



Extensive negotiations to determine the terms of a further interim pricing agreement have taken place between SIOC and AMSA. As a result of these negotiations, it has been agreed that, following the expiry of the extended interim pricing arrangement on 31 July 2012, SIOC will sell to AMSA a maximum amount of 1.5 million tonnes of iron ore from the Sishen Mine until 31 December 2012, on materially the same terms and conditions as applied under the extended interim pricing agreement. This supply is in settlement of AMSA's historic shortfall entitlement, and the sales price for iron ore sold to AMSA in terms of this arrangement will be a weighted average price of USD65/t.



The parties are continuing to engage with one another in relation to the terms and conditions on which SIOC will sell iron ore to AMSA after 31 December 2012, and until the finalisation of the arbitration between the parties regarding the status of the 2001 Sishen Supply Agreement. These engagements are taking place with the assistance of a mediator, and the mediation process is being facilitated by the Department of Trade and Industry.
08-Aug-2012
(Official Notice)
Kumba announced the appointment of Mr Fani Titi as non-executive chairman of Kumba with effect from 1 October 2012. Mr Titi will take over the chairmanship of Kumba from Mr Allen Morgan who has served as the interim chairman since 15 December 2010. Mr Morgan will retain his position as the senior lead independent director of the board of Kumba.
01-Aug-2012
(Official Notice)
Shareholders were previously advised that Sishen Iron Ore Company (Pty) Ltd ("SIOC") and ArcelorMittal South Africa Ltd ("AMSA") had agreed on an interim pricing agreement ("the extended interim pricing agreement") in respect of the supply of iron ore to AMSA from the Sishen Mine for the period from 1 August 2011 to 31 July 2012.



Extensive negotiations have taken place between SIOC and AMSA in an attempt to reach agreement in respect of a further interim pricing arrangement to govern the supply of iron ore from the Sishen Mine to AMSA for the period after the expiry of the extended interim pricing agreement. The parties have as yet not reached any agreement in this regard and discussions between the parties are on-going. SIOC continues to supply AMSA with iron ore, on terms that are presently being discussed between the parties. Shareholders will be informed of further material developments in this regard.
20-Jul-2012
(C)
Revenue for the interim period ended 30 June 2011 increased to R25.2 billion (2011: R24.1 billion). Operating profit weakened to R14.4 billion (2011: R16.9 billion), while profit attributable to owners of Kumba lowered to R7.4 billion (2011: R9.1 billion). Furthermore, headline earnings per share fell to 2 307cps (2011: 2 823cps).



Dividend

At its board meeting on 18 July 2012 the directors declared a gross interim cash dividend of 1 920 cents per share on the ordinary shares from profits accrued during the year ending 31 December 2012. The dividend has been declared from income reserves.



Prospects

Although China's crude steel annualised production rate remains above 700Mtpa, underlying steel demand remains weak resulting in depressed steel prices. Iron ore prices are, however, expected to trade in a similar range as seen during the first half of 2012, supported by high-cost Chinese domestic iron ore production. The recently announced monetary policy stimulus of interest rate cuts in China should support demand for steel, but the effect of it remains to be seen, especially in light of economic uncertainty emanating from Europe.



The ramp up in waste mining at Sishen mine is expected to continue, which will support an improvement in production rates at the mine during the second half of 2012. Production at Sishen mine for the full year is anticipated to be in line with 2011 levels. The ramp up in waste mining will put upward pressure on unit cash cost of production. The ramp up of Kolomela mine remains on track and the mine should produce at least 6Mt in support of export sales volume growth of approximately 3Mt to 4Mt in 2012, which will be offset by the fact that excess finished product stockpiles have been depleted to operating levels.



Domestic sales volumes from Sishen and Thabazimbi mines remain dependent on the offtake requirements or contractual commitments of ArcelorMittal South Africa Ltd. Relative to the US Dollar, the South African Rand has weakened by around 5% from the average exchange rate achieved during the first half of 2012. Kumba's operating profit remains highly sensitive to the Rand/US Dollar exchange rate.
19-Jul-2012
(Official Notice)
The board of Kumba announced the resignation of Chris Griffith and the appointment of Norman Mbazima as CEO and executive director of the company, effective 1 September 2012, following the appointment of Chris Griffith as CEO of Anglo American Platinum Ltd.
06-Jul-2012
(Official Notice)
Kumba is currently finalising its results for the six months ended 30 June 2012 ("the period"), which will be released on SENS on 20 July 2012. Headline earnings and basic earnings for the period are likely to be between R7.100 million and R7.500 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") to be between R22.10 and R23.40.



Headline earnings and basic earnings reported for the financial results for the six months ended 30 June 2011 (as released on SENS on 21 July 2011) ("the comparative period") were R9,061 million and R9,052 million respectively while HEPS and EPS reported for the comparative period were R28.23 and R28.20 respectively. The decrease in earnings is largely attributable to a decrease in export iron ore prices in the period.
29-Jun-2012
(Media Comment)
Business Day reported that Kumba has proposed supplying iron ore to a government entity at below market prices. The company is also willing to help set up a 5 million ton-a-year steel plant on the coast. The proposals are included in a document put forward by Anglo American plc, the parent of Kumba, to the ANC, which is discussing a new minerals policy for South Africa.
25-Jun-2012
(Media Comment)
According to Business Day, Kumba's Kolomela mine brought through iron ore five months earlier than planned, was within the budget and its progress had an impressive safety record. Cynthia Carrol, CEO of Anglo American plc, which owns 65% of Kumba, remarked that Kumba was a model operation and is world class. Kumba is currently South Africa's largest iron ore producer. Having produced, 1.5 million tonnes of ore in the first quarter and slightly more than that in the second quarter, the company is confident that it could easily surpass targets.
22-Jun-2012
(Official Notice)
Shareholders were advised that Kumba will be hosting stakeholders at its Kolomela mine in the Northern Cape to mark the official opening of the mine. The press release, in support of this site visit, will be available on the company's website, www.angloamericankumba.com, this afternoon.
31-May-2012
(Official Notice)
The board of directors of Kumba announced the appointment of Ms Buyelwa P Sonjica as a non-executive director of Kumba effective from 1 June 2012.
11-May-2012
(Official Notice)
Shareholders were advised on 15 December 2011 that the North Gauteng High Court ruled that, when the Department of Mineral Resources effected a conversion of Sishen Iron Ore Company (Pty) Ltd.'s ("SIOC") old order mining right in 2008, SIOC was granted the exclusive right to mine at the Sishen Mine and, accordingly, no other party may be granted the right to mine iron ore or quartzite at the Sishen Mine. The high court also reviewed and set aside the grant of the prospecting right to Imperial Crown Trading 289 (Pty) Ltd. ("ICT"). Each of ICT and the Department of Mineral Resources have separately applied to the North Gauteng High Court for leave to appeal against the judgment and the application was heard by the North Gauteng high court on 11 May 2012. SIOC applied for conditional leave to cross appeal against the judgment. ArcelorMittal South Africa Ltd. ("AMSA") opposed the applications for leave to appeal. The high court has granted both the Department of Mineral Resources and ICT leave to appeal against its judgment to the Supreme Court of Appeal. The high court also granted SIOC leave to conditionally cross appeal against the judgment. Accordingly, the appeals will be heard by the Supreme Court of Appeal in terms of the rules of the Supreme Court of Appeal. Shareholders will be informed of any further material developments in this regard.
04-May-2012
(Official Notice)
At the sixth annual general meeting of the shareholders of Kumba held on Friday, 04 May 2012 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. Shareholders are notified that special resolution number three (general authority to repurchase shares) was modified to reduce the maximum aggregate number of shares that can be repurchased in any one financial year from 20% to 10%.
19-Apr-2012
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 March 2012. Throughout this report, production and sales volumes referred to are 100%, attributable to shareholders of Kumba as well as the non-controlling interests in Sishen Iron Ore Company (Pty) Ltd.



Overview:

* Total production increased by 15% year on year to 10.1Mt, as the ramp-up of Kolomela mine continues.

* Total export sales volumes of 10.1Mt increased by 18% year on year.

* Domestic sales of 1.3Mt increased by 6% quarter on quarter but were substantially lower year on year mainly due to reduced off take from ArcelorMittal South Africa Ltd. ("AMSA").



Following the successful commissioning of Kolomela mine, the mine continues to ramp-up well with 1.5Mt produced during the quarter, 30% more than the 1.2Mt produced in Q4 2011. During the quarter, 1.7Mt was railed from Kolomela mine to the Port of Saldanha. Should the current ramp-up performance be sustained, the mine should comfortably meet the 4 to 5Mt production target for 2012, ramping up to 9Mtpa design capacity in 2013. Sishen mine's production of 8.5Mt was in line with Q1 2011, however decreased by 14% compared with Q4 2011. As expected, production was impacted by the planned increase in waste stripping activity. However, during the first two months of 2012, the availability of material supplied to the mine's dense media separation ("DMS") plant and Jig plant was impacted by wet pit conditions resulting from heavy rainfall, and poor operator attendance. Production run rates recovered in March 2012 as the ramp-up in waste mining continued to improve.



Production at Thabazimbi mine of 0.1Mt is in line with the planned decrease in production as the mine nears the end of its life, scheduled for 2016, coupled with mining feedstock and quality constraints experienced during the quarter. Total export sales volume of 10.1Mt increased by 18% year on year aided by the ramp-up of Kolomela mine, and further supplemented from finished product stockpiles at Sishen mine and Qingdao port. Finished product stockpile levels at Sishen and Kolomela mines, and Saldanha and Qingdao ports were 4.2Mt as at 31 March 2012, down 1.0Mt from 5.2Mt at 31 December 2011. Domestic sales volumes of 1.3Mt increased by 6% quarter on quarter but declined 28% year on year mainly due to reduced off take from AMSA from Sishen and Thabazimbi mines during the quarter.
30-Mar-2012
(Official Notice)
Shareholders were advised that Kumba's audited condensed consolidated annual financial statements for the year ended 31 December 2011, which are included in the abridged integrated report, will be distributed to shareholders on 30 March 2012 and contain no modifications to the audited results which were published on SENS on 9 February 2012. The company's full annual financial statements together with the integrated report and sustainable development report for the year ended 31 December 2011 will be published on the company's website, www.angloamericankumba.com, at 09:00am on 30 March 2012.



Notice of the annual general meeting

Notice is hereby given that the sixth annual general meeting of shareholders will be held at the Kumba Corporate Office, Centurion Gate, 124 Akkerboom Road, Centurion on Friday, 4 May 2012 at 10:00am, to transact the business as stated in the annual general meeting notice forming part of the abridged integrated report.

*Record date to determine which shareholders are entitled to receive the notice of the annual general meeting -- Friday, 23 March 2012

*Last day to trade in the company's shares in order to be eligible to attend and vote at the annual general meeting -- Thursday, 19 April 2012

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting -- Thursday, 26 April 2012

*Forms of proxy for the annual general meeting to be lodged by 10:00am on Wednesday, 2 May 2012
29-Feb-2012
(Official Notice)
Kumba announced the appointment of Frikkie Kotzee as chief financial officer, effective 1 June 2012. Frikkie, who is currently the group financial director of African Oxygen Ltd., replaces Vincent Uren, who resigned at the end of December 2011.
15-Feb-2012
(Official Notice)
The company hereby announces that Mr Peter Matlare, a non-executive director of Kumba, has notified the board of his intention to resign from the Kumba board as at 31 March 2012 due to increased commitments.

09-Feb-2012
(C)
02-Nov-2011
(Official Notice)
Shareholders are referred to various announcements released on the Securities Exchange News Service and the circular to shareholders dated 5 October 2011 relating to the proposed transactions and statutory approvals, being:

*the implied issue for cash of approximately five million Kumba shares as a result of the swap of approximately fifteen million Sishen Iron Ore Company (Proprietary) Limited ("SIOC") shares distributed to employees participating in the SIOC Employee Share Participation Scheme ("SIOC ESPS") ("Participating Employees") in exchange for Kumba shares, at the end of the first phase of Envision and subsequent repurchase by SIOC from Kumba of an equivalent number of SIOC shares;

*the proposed repurchase by Kumba of approximately five million Kumba shares from SIOC ESPS Participating Employees;

*approval of the swap of SIOC shares distributed to Participating Employees from the SIOC ESPS in exchange for Kumba shares, at the end of the second phase of Envision; and

*the approval of financial assistance in terms of sections 44 and 45 of the Companies Act, 2008, to:

*subsidiaries and other related and inter-related entities; and

*directors, prescribed officers and other participants in employee incentive schemes operating in the Kumba Group.



At the general meeting of the shareholders of Kumba held today, 2 November 2011, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
20-Oct-2011
(Official Notice)
05-Oct-2011
(Official Notice)
Holders of ordinary shares in Kumba are referred to the announcement released on SENS on 22 September 2011 and published in the press on 23 September 2011 regarding, inter alia:

* the swap of Sishen Iron Ore Company (Pty) Ltd ("SIOC") shares distributed to Participating Employees of the SIOC Employee Share Participation Scheme ("SIOC ESPS" or "Envision") in exchange for newly issued Kumba ordinary shares ("Kumba Shares") ("Kumba Swapped Shares"); and

* the specific repurchase of Kumba Shares ("Kumba Repurchase Shares");

which form part of a series of transactions required in order to give full effect to the successful unwind of the first phase of Envision and to implement the second phase of Envision. The unwind of the first phase and implementation of the second phase, are collectively referred to as the "Transaction".



Kumba shareholders were advised that a circular containing details of the Transaction and incorporating a notice of general meeting ("the Circular") was posted to Kumba shareholders on 5 October 2011 and is available on the Kumba website, www.kumba.co.za.



Notice of general meeting

A general meeting of Kumba shareholders ("General Meeting") will be held at 11h00 on Wednesday, 2 November 2011, at the registered offices of Kumba, Centurion Gate, 124 Akkerboom Road, Centurion, 0157, for the purpose of considering and, if deemed fit, passing, with or without modification, the resolutions required to approve and implement the Transaction as set out in the notice of general meeting included in the circular. Furthermore, Kumba shareholders will also be requested to vote on the provision of financial assistance to Kumba group subsidiaries and other related and inter-related parties and directors.



Salient dates and times

* Last day to trade Kumba Shares in order to be recorded in the register to vote at the General Meeting: Friday, 21 October

* General Meeting record date: Friday, 28 October

* Form of proxy for the General Meeting to be received by 11:00 on Monday, 31 October

* General Meeting to be held at 11:00 on Wednesday, 2 November

* Results of General Meeting released on SENS on Wednesday, 2 November

* Repurchase of SIOC shares at par value on Monday, 21 November

* Issue and listing of Kumba Swapped Shares on Wednesday, 23 November

* Kumba Repurchase Shares repurchased and delisted on Tuesday, 29 November.
22-Sep-2011
(Official Notice)
The first maturity date for the SIOC Employee Share Participation Scheme ("SIOC ESPS") or more commonly referred to as Envision, will take place on 17 November 2011, being the anniversary of the fifth year from the date of issue of SIOC Shares to the SIOC ESPS. This first period of Envision is referred to as the "First Capital Appreciation Period". Participating employees, being employees of SIOC, up to and including first line supervisors, who are eligible to be beneficiaries of the SIOC ESPS and are permanently employed by SIOC on 17 November 2011, will become beneficially entitled to a number of SIOC Shares on the First Capital Appreciation Period. The implementation of a swap of the SIOC Shares acquired by participating employees in exchange for the issue by Kumba of new Kumba Shares ("Share Swap") and the specific repurchase of Kumba Shares ("Kumba Specific Repurchase") acquired by the Participating Employees in terms of the Share Swap, will form part of a series of transactions required in order to give full effect to the successful unwind of the first phase of Envision and to implement the second phase of Envision (the unwind of the first phase and implementation of the second phase, are collectively referred to as the "transaction").



Highlights of the transaction includes:

* The first phase of Envision will end on 17 November 2011

* For illustrative purposes, an anticipated pre-tax monetary benefit of R2.5 billion will accrue to participants (based on a Kumba share price of R468.35 on 20 September 2011)

* The second phase of Envision will enable the future ownership of 3.09% of SIOC by the SIOC ESPS Trust

* SIOC will make a substantial contribution to the second phase of Envision to ensure a strong possibility of success

* Kumba shareholders' indirect shareholding in SIOC will remain largely unaffected



Documentation

Kumba shareholders were advised that a circular to shareholders, together with a notice of a general meeting of Kumba shareholders, will be issued in due course containing further details of the transaction.
26-Aug-2011
(Official Notice)
Shareholders were advised that Kumba hosted analysts and fund managers at its Kolomela mine in the Northern Cape on 26 August 2011. The presentation, in support of this site visit, is available on the company's website, www.angloamericankumba.com.
16-Aug-2011
(Media Comment)
According to Business Report, Kumba and ArcelorMittal South Africa ("Arcmittal") have joined hands in fighting the granting of the steel maker's lapsed 21.4 percent stake in mining rights at Sishen mine to politically connected Imperial Crown Trading ("ICT"). In the first day of arguments at the North Gauteng High Court in Pretoria, Kumba maintained that the ICT application was "fraudulent" and the product of a corrupt process. Arcmittal owned 21.4 percent and Kumba 28.5 percent of the mining right at the Sishen mine in the Northern Cape. However, the steel maker lost the right when it failed to convert it into a new order mining right.
21-Jul-2011
(C)
Revenue for the interim period ended 30 June increased to R24.1 billion (2010: R17.8 billion). Operating profit grew to R16.9 billion (2010: R11.2 billion), while profit attributable to owners of Kumba rose to R9.1 billion (2010: R6.5 billion). Furthermore, headline earnings strengthened to 2823cps (2010: 2028cps).



Dividend

At its board meeting on 20 July 2011 the directors declared an interim cash dividend of 2170cps on the ordinary shares from profits accrued during the year ending 31 December 2011.



Outlook

Chinese crude steel production is expected to increase by approximately 8% from 2010 levels. However, world steel production is expected to ease back in the coming months due to stock cycle turns, with global crude steel production anticipated to increase by approximately 6%. Crude steel production during the second half of the year is seasonally lower than the first half. This is expected to put modest downward pressure on iron ore prices in the final quarter of 2011. Management has implemented focused plans to recover the majority of the shortfall in first half production by the end of 2011. Waste mining at Sishen mine is anticipated to increase as rainfall patterns return to normal. Export sales for 2011 are expected to remain stable when compared to 2010 levels. Domestic sales volumes from Sishen and Thabazimbi mines remain dependent on the off-take requirements from ArcelorMittal and contractual commitments. Waste mining at all the operational sites continues to increase as planned. In addition, at Sishen mine, further waste mining is required to make up for the shortfall in the first half of the year. This is expected to negatively impact unit cash costs of production. Relative to the US dollar, the South African rand has strengthened on average by a further 6% from the average exchange rate of 2010. Kumba's operating profit remains highly sensitive to the rand/US dollar exchange rate. The High Court review application in relation to the decision of the Department of Minerals and Resources to grant a prospecting right to Imperial Crown Trading 289 (Pty) Ltd and the interdict in respect of the DMR considering ICT's subsequent mining right application is enrolled for determination on 15 August 2011.
07-Jul-2011
(Official Notice)
Kumba is finalising its results for the six months ended 30 June 2011 ("the period"), which will be released on SENS on or about 21 July 2011. Headline earnings and basic earnings for the period are likely to be between R8 600 million and R9 200 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") to be between R26.80 and R28.70.



Headline earnings and basic earnings reported in respect of the results for the six months ended 30 June 2010 ("the comparative period") were R6 492 million and R6 489 million respectively while HEPS and EPS reported for the comparative period were R20.28 and R20.27 respectively. The increase in earnings is primarily attributable to higher export iron ore prices which were partially offset by the strengthening of the average exchange rate of the rand to the US dollar during the period.
22-Jun-2011
(Official Notice)
The board of directors of Kumba announce the appointment of Mr Litha M Nyhonyha as a non-executive director of Kumba with immediate effect.

17-May-2011
(Official Notice)
Shareholders were previously advised that Sishen Iron Ore Company (Pty) Ltd ("SIOC") and ArcelorMittal South Africa Ltd ("AMSA") had on 22 July 2010 reached an interim pricing agreement ("the current interim agreement") in respect of the supply of iron ore to AMSA from the Sishen Mine for the period from 1 March 2010 to 31 July 2011. In view of the fact that the arbitration proceedings between the two companies are anticipated to take place in the first half of 2012, SIOC and AMSA have now agreed to an addendum to the current interim supply agreement which extends the terms and conditions of the current interim agreement to allow sufficient time for the arbitration process to be finalised.



In terms of the addendum, the new interim agreement will endure to 31 July 2012. The volume of iron ore to be supplied to AMSA remains the same as that provided for in the current interim agreement as does the price of the iron ore to be supplied, being US$70 per ton for iron ore despatched to AMSA's inland steel mills and USD50 per ton for iron ore despatched to AMSA's Saldanha Steel facility.
09-May-2011
(Official Notice)
At the fifth (5th) annual general meeting of the shareholders of Kumba held on Friday, 6 May 2011 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be lodged for registration with the Companies and Intellectual Property Commission in due course.
21-Apr-2011
(Official Notice)
Kumba released its production and sales report for the quarter ended 31 March 2011. Throughout the report, production and sales volumes referred to are 100% attributable to Kumba.



Overview:

*23% decrease in production to 8.8Mt (million metric tonnes) mainly due to mining constraints caused by wet pit conditions, resulting from excessive rainfall at all operations.

*Total sales of 10.4Mt decreased by only 5% as the reduction in saleable production during the quarter was supplemented by sales from finished product stockpiles.

*Export sales volumes of 8.6Mt decreased by 8% mainly as a result of shipments being impacted by lower production volumes.

*Total domestic sales volumes of 1.3Mt increased by 10% as demand from ArcelorMittal South Africa Limited (AMSA) increased.
12-Apr-2011
(Official Notice)
Shareholders were advised that the annual financial statements will be distributed to shareholders on 12 April 2011 and contain no modifications to the audited results which were published on SENS on 10 February 2011.



Notice of the annual general meeting

Notice was given that the fifth annual general meeting of shareholders will be held at the Kumba Iron Ore Corporate Office, Centurion Gate, 124 Akkerboom Road, Centurion on Friday, 6 May 2011 at 10:00, to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
29-Mar-2011
(Media Comment)
According to Business Report, Kumba proposed that South Africa build a USD7 billion (R48.2 billion) plant to make steel slab for export to Asia, helping to cut unemployment and boost economic growth. The plan would increase the steel industry's contribution to the country's economic output to about R17 billion in 2015, from R12.7 billion in 2008, and create as many as 3000 jobs according to Kumba. The plant would export to China, South Korea, Japan and countries with a shortage of iron ore.
11-Feb-2011
(Media Comment)
According to Business Report, a spike in iron ore prices has lifted Kumba Iron Ore's full year profit, with the company saying it expected prices to remain firm this year. Chief executive Chris Griffith said yesterday that export prices, which rose on average 92 percent last year, would be supported this year by higher demand on the back of an at least 5 percent rise in crude steel production in China. "we are not expecting any major projects to come on stream and expect the supply*-demand balance to remain fairly tight," he said. Kumba said China's demand might ease due to its move to improve energy efficiency. "This is where (Kumba) may be coming in as a little bit overcautious,? said Paul Theron, an analyst at Vestact.
10-Feb-2011
(C)
Revenue for the year ended soared to R38.7 billion (2009: R23.4 billion), while operating profit strengthened to R25.1 billion (2009: R12.9 billion). Profit attributable to owners of Kumba doubled to R14.3 billion (2009: R7 billion). Furthermore, headline earnings per share improved 4467cps (2009: 2187cps).



Notice of final cash dividend

At its board meeting on 9 February 2011 the directors declared a final cash dividend of R21.00 per share on the ordinary shares from profits accrued during the year ended 31 December 2010.



Prospects

Crude steel production in China is expected to grow between 5% and 10% during 2011. The rate of growth of crude steel production in China is anticipated to decrease as the Chinese authorities seek further improvements in overall energy efficiency for the next five-year plan. Domestic iron ore production in China is unlikely to grow significantly beyond the 2010 level of 285Mt mainly due to diminishing qualities and increasing mining costs. The additional demand for iron ore in China during 2011 is expected to be sourced from seaborne supply, with the demand levels in the rest of the world remaining at 2010 levels. Shortfalls in seaborne iron ore supply, in particular from India, are anticipated. Export sales volumes are anticipated to be in line with volumes achieved during 2010 and are dependent on the performance of the rail and port facilities. Domestic sales volumes remain dependent on the off-take requirements from ArcelorMittal, with any ore not taken by ArcelorMittal available for export. Waste mining at all the operational sites is anticipated to increase, which will put upward pressure on unit cash costs of production. Annual production volumes during 2011 are expected to remain at levels achieved during 2010 as the jig plant has reached its name plate capacity. Relative to the US dollar, the South African rand has strengthened a further 10% from the end of 2009. Kumba's operating profit remains highly sensitive to the rand/US dollar exchange rate. Management focus will be on optimising value of current operations, capturing value across the value chain and delivering on the group's growth projects.
27-Jan-2011
(Official Notice)
17 Jan 2011 08:13:42
(Official Notice)
Kumba is currently finalising its results for the twelve months ended 31 December 2010 ("the period"), which will be released on SENS on or about 10 February 2011. Shareholders were advised that earnings and headline earnings are likely to be between R14 000 million and R14 400 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") being between R43.65 and R44.90.



Headline earnings and basic earnings reported for the financial results for the twelve months ended 31 December 2009 (as restated in the interim results for the six months ended 30 June 2010, released on SENS on 22 July 2010) ("the comparative period") were R6 972 million and R6 992 million respectively while HEPS and EPS reported for the comparative period were R21.87 and R21.94 respectively. The increase in earnings is attributable primarily to increases in export iron ore prices and sales volumes in the period.
14 Jan 2011 15:49:57
(Official Notice)
30 Dec 2010 17:02:15
(Official Notice)
In compliance with the Listings Requirements of the JSE Ltd ("JSE"), shareholders are advised that Kumba has entered into a repurchase programme to repurchase ordinary shares which will continue into its closed period. This closed period commences on 31 December 2010 and ends on or about 10 February 2011 when the company's annual results are scheduled to be released on SENS. In terms of the repurchase programme the broker has been mandated to repurchase 230 000 ordinary shares in the share capital of the company at prices not exceeding a premium of 10% to the volume weighted average trading price of the company's ordinary shares over the five trading days preceding any particular repurchase from time to time. Any repurchases will be effected within the limits of the programme, as per the special resolution approved by shareholders at the annual general meeting held on 31 March 2010 and the JSE listings requirements.
15 Dec 2010 10:26:16
(Official Notice)
The board and management of Kumba announced the resignation of Lazarus Zim ("Zim") as chairman and non-executive director of the company with effect from 14 December 2010. Allen John Morgan, the senior lead independent director has been appointed as the interim chairman, effective 15 December 2010.
21 Oct 2010 08:14:32
(Official Notice)
18 Aug 2010 08:05:37
(Official Notice)
Shareholders were previously advised that, as a result of the failure by ArcelorMittal South Africa Ltd ("Mittal") to convert its former old order mining right in relation to a 21,4% undivided interest in the Sishen Mine, its old order mining right had lapsed. Accordingly, Sishen Iron Ore Company (Pty) Ltd ("SIOC"), which mines the Sishen Mine, applied for a mining right in relation to the residual undivided 21.4% rights in respect of the Sishen Mine. SIOC was informed, during February 2010, that the Department of Mineral Resources ("DMR") had granted a prospecting right on 30 November 2009 to Imperial Crown Trading 289 (Pty) Ltd ("Imperial Crown Trading") in relation to the residual undivided 21.4% of the Sishen Mine. On 1 March 2010



SIOC lodged an appeal with the DMR against the decision to grant the prospecting right to Imperial Crown Trading. Shareholders were advised on 24 May 2010 that SIOC had initiated a review application in the North Gauteng High Court on 21 May 2010 in relation to the decision of the DMR to grant a prospecting right to Imperial Crown Trading. SIOC has now been informed by the Minister of Mineral Resources ("the Minister") that she has decided to uphold the decision of the Deputy Director General to grant the application for a prospecting right to Imperial Crown Trading and that SIOC's appeal against the grant of the prospecting right to Imperial Crown Trading has not been upheld. SIOC remains firmly of the view that the review proceedings which it has instituted in relation to the decision of the DMR to grant a prospecting right to Imperial Crown Trading are justified. SIOC will file its supplementary founding affidavit in the review proceedings during the week commencing 23 August 2010 and it is anticipated that the respondents will file their answering affidavits during the course of September 2010.

06 Aug 2010 14:02:44
(Official Notice)
It has previously been announced that a subsidiary of Kumba Iron Ltd, Kumba International B.V ("KIBV") initiated arbitration proceedings against La Society des Mines De Fer Du Senegal Oriental ("Miferso") and the Republic of Senegal under the rules of the arbitration of the international chamber of commerce in 2007, in relation to the faleme project. The arbitration proceedings are confidential in nature. However, the parties are pleased to announce that following the arbitration award rendered in July, a mutually agreed settlement agreement has been concluded between the parties. The parties have agreed that the precise terms of the settlement agreement will remain confidential. In reaching this settlement agreement, Kumba has taken into consideration the interests of the people of Senegal. A significant portion of the amount recovered by KIBV will be committed over a five year period to social and community development projects to benefit the population of Senegal. The Republic of Senegal highly appreciates this valuable contribution for the country.
22 Jul 2010 09:31:28
(Official Notice)
22 Jul 2010 08:14:38
(C)
Revenue increased to R17.8 billion (R12 billion). Operating profit jumped to R11.2 billion (R6.8 billion). Net attributable profit rose to R6.5 billion (R3.4 billion). In addition, headline earnings on a per share basis almost doubled to R20.28 per share (R10.77 per share).



Dividend

An interim ordinary dividend of 1350cps has been declared.



Outlook

Due to the large gap between current index prices which are lower than the implied July-September 2010 quarterly benchmark prices, uncertainty exists around future export iron ore pricing mechanisms and price levels for iron ore. In an operating environment where steel production rates are being reduced it is uncertain whether increased iron ore prices under the quarterly pricing mechanism can be passed to customers. Chinese steel production and iron ore imports in the second half of 2010 are expected to be marginally below levels achieved during the first half as Chinese steel mills prioritise cost over productivity and therefore focus on the use of domestic iron ore. The momentum of the recovery of Kumba's traditional markets is slowing. Export sales volumes into China are expected to normalise at around 60% of the geographical sales mix.



Domestic sales volumes from Thabazimbi Mine remain dependent on the off-take requirements from ArcelorMittal. Domestic sales volumes from Sishen Mine to ArcelorMittal remain under dispute and the further supply of iron ore is dependent on arriving at an acceptable interim pricing agreement. Waste mining at all the operational sites is anticipated to increase, which will put upward pressure on unit cash costs of production. Kumba remains committed to a 5% increase in annual production volumes during 2010, with the continued ramp up of the Jig plant.



Relative to the US dollar, the South African rand has strengthened a further 4% from the end of 2009. Kumba's operating profit remains highly sensitive to the rand/US dollar exchange rate. The introduction of the mining royalty during the first half of 2010, which was in place for four months, will increase as it is accounted for the full six months of the second half of 2010. Management focus will be on optimising the asset base, operational and cost efficiencies and the group's production and sales volume growth plans to lessen the adverse effects of the stronger rand, mining royalty and the cost pressures driven by the increase in waste mining.
16 Jul 2010 08:02:24
(Official Notice)
As indicated to shareholders in previous SENS announcements, Sishen notified ArcelorMittal SA Ltd on 5 February 2010 that it was no longer entitled to receive 6,25 mtpa iron ore contract mined by SIOC at cost plus 3% from the Sishen mine, as a result of the fact that Mittal had failed to convert its old order mining rights. This arrangement (in relation to the supply of iron ore from Sishen mine which was concluded in 2001 and which was premised on Mittal owning an undivided 21.4% interest in the mineral rights to iron ore) lapsed as a result of Mittal's failure to convert its old order mining right and, accordingly, became inoperative in its entirety as of 1 May 2009. Consequently, a dispute arose between SIOC and Mittal, which SIOC has referred to arbitration. SIOC has served its statement of claim in the arbitration proceedings. Mittal is yet to file its answering papers. In the interim, pending the conclusion of the arbitration process, SIOC has continued to supply Mittal with iron ore from the Sishen mine and has invoiced Mittal for the deliveries made since 1 March 2010 at a commercial price.
09 Jul 2010 08:33:20
(Official Notice)
Kumba is currently finalising its results for the six-months ended 30 June 2010 ("the period"), which will be released on SENS on 22 July 2010. In this regard, shareholders are advised that earnings and headline earnings are likely to be between R6,100 million and R6,600 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") being between 1,900 cents and 2,055 cents. Headline earnings and basic earnings reported for the financial results for the six months ended 30 June 2009, issued on 23 July 2009 ("the comparative period") were R3,422 million and R3,435 million respectively while HEPS and EPS reported for the comparative period were 1,076 cents and 1,073 cents respectively.



The increase in earnings is largely attributable to an increase in export iron ore prices and a 10% increase in export sales volumes in the period. From 1 March 2010 Sishen Iron Ore Company (Pty) Ltd (a subsidiary of Kumba) has invoiced ArcelorMittal South Africa Litd (ArcelorMittal) at market prices. ArcelorMittal has paid only cost +3% on purchases of 1.452Mt of iron ore from Sishen Mine. In determining earnings for the period Kumba has accounted for revenue at cost +3% to ArcelorMittal, in the absence of agreement on an interim price. Export iron ore index prices traded above contract export prices during the six months ended 30 June 2010 and peaked above USD200/tonne. Contract export iron ore prices for the first quarter of 2010 (January to March) were at 2009/2010 iron year prices and for the second quarter of 2010 (April to June) were settled at increases in excess of 90% of contract prices achieved for the first quarter of 2010. The forecast financial information on which this trading statement is based has not been reviewed and reported on by the company's auditors.

29 Jun 2010 08:23:11
(Media Comment)
Business Report noted that Kumba has turned down an approach by Imperial Crown Trading ("ICT") to provide access to the Sishen Mine, for the former to exercise prospecting rights that were awarded controversially. A Kumba spokeswoman confirmed receipt of a letter from ICT's lawyers requesting a meeting regarding ICT's intention to start prospecting at the site. However, Kumba has indicated it will not allow access to the site in light of the pending review application in the North Gauteng High Court.
25 Jun 2010 16:22:59
(Official Notice)
Shareholders are advised that the chairman of the board of Kumba Iron Ore Ltd, Mr. Lazarus Zim, has formally recused himself from participating as a board member in any proceedings in relation to the residual Sishen mine mineral rights. Mr. Zim had offered to recuse himself on a number of previous occasions but the board requested that he continue to play an active role in the process. The chairman considers that, as a matter of principle, and for the avoidance of doubt as to the integrity of the processes that are currently underway, it is in the best interests of the company and its shareholders that he recuse himself from these processes with immediate effect. Mr. Zim will continue to serve as chairman of the board and to lead all other board matters.
24 May 2010 09:01:29
(Official Notice)
Shareholders were advised on 26 February 2010 that, on 5 February 2010, Kumba informed ArcelorMittal South Africa Ltd ("Mittal") that, as a result of Mittal's failure to convert its old order mining rights in relation to an undivided 21.4% interest in the Sishen mine into new order mining rights in terms of the relevant provisions of the mineral and petroleum resources development act ("MPRDA"), Mittal is no longer entitled to receive 6.25mtpa of iron ore contract mined by Kumba's subsidiary, Sishen Iron Ore Company (Pty) Ltd ("SIOC"), at cost plus 3%.



Shareholders were further advised on 17 March 2010 that:

* As a result of Mittal's failure to convert the old order mining right, SIOC had applied for a mining right in relation to the residual 21.4%;

* In February 2010, SIOC was informed that an undivided prospecting right had been granted to Imperial Crown Trading 289 (Pty) Ltd ("Imperial Crown Trading") in relation to 21.4% of the Sishen mine; and

* On 1 March 2010, SIOC lodged an appeal with the department of mineral resources ("DMR") against the grant of the prospecting right to Imperial Crown Trading. This appeal process remains ongoing.



SIOC has engaged with relevant stakeholders in relation to the grant of a prospecting right to Imperial Crown Trading and is continuing to do so. Shareholders are now advised that, in order to protect its interests and to avoid prescription, SIOC initiated a review application in the North Gauteng High Court on 21 May 2010 in relation to the decision of the DMR to grant a prospecting right to Imperial Crown Trading. This review application does not detract from SIOC's continued engagement with relevant stakeholders, with a view to finding an amicable resolution of this matter as soon as possible.
19 May 2010 11:04:41
(Official Notice)
The board of directors of Kumba announced the appointment of Mr Godfrey Gomwe as a non-executive director of Kumba with effect from 17 May 2010.
04 May 2010 15:19:19
(Official Notice)
On 29 April 2010 ArcelorMittal South Africa Ltd ("ArcelorMittal") released a SENS announcement that contained the following statement: "SIOC has further advised that it will continue to invoice ArcelorMittal South Africa on a cost plus 3% basis until the dispute has been resolved, but will seek to hold ArcelorMittal South Africa liable for the difference between a price derived from an export parity principle and the contractual cost plus 3% price, in the event SIOC prevails in the arbitration." That statement is incorrect. The true position is as described in Kumba's SENS announcement of 19 April 2010, namely that SIOC requires ArcelorMittal to accept its interim proposal that ArcelorMittal pay the contractual price (cost plus 3%) to SIOC and the difference between that price and the interim price proposed by SIOC into escrow or provide a suitable guarantee for its payment in the event of SIOC being successful in the arbitration.



ArcelorMittal has thus far declined to accept that proposal or make a firm counter-proposal regarding an interim price or payment mechanism. SIOC has never advised ArcelorMittal that it will be content to recover the difference between the two prices from ArcelorMittal in the event of it succeeding in the arbitration. On the contrary, SIOC has advised ArcelorMittal that should the parties not come to a firm agreement on an interim pricing mechanism in the near future, SIOC will review the basis upon which it will continue to supply iron ore to ArcelorMittal.
22 Apr 2010 08:32:07
(Official Notice)
Kumba Iron Ore Ltd ("Kumba") released its production report for the quarter ended 31 March 2010.



First quarter overview

* 23% increase in total production year-on-year, to 11.5Mt ("million metric tonnes"), as production from the Jig plant continues to ramp up, increasing by 7% from the fourth quarter of 2009 to 3.3Mt, and reaching levels above nameplate capacity during the quarter. The jig plant remains set to deliver name plate capacity for the full year 2010.

* Export sales volumes of 9.3Mt in the first quarter increased by 21% from 7.7Mt in the fourth quarter of 2009, growing 54% year on year.

* Domestic sales volumes of 1.6Mt increased by 7% or 0.1Mt quarter-on- quarter and by 10% year-on-year.

* Finished product stockpile levels at Sishen mine, Saldanha and Qingdao ports were 7.2Mt at 31 March 2010.



In the first quarter of 2010 total production increased by 23% year-on-year to 11.5Mt, remaining stable when compared to production in the fourth quarter of 2009. Sishen mine's production increased by 0.3Mt from the fourth quarter of 2009 to 11.0Mt for the quarter ended 31 March 2010. The 3.3Mt produced by the jig plant accounted for 30% of Sishen mine's production. Production from the jig plant increased by 7% or 0.2Mt in the first quarter of 2010 compared with the fourth quarter of 2009. The ramp up of the jig plant to produce 12.5-13Mt during 2010 continues as planned. Demand continues to recover in Europe, Japan and Korea, coupled with continuing strong demand for ore in China. Kumba's export sales in the quarter were 9.3Mt, an increase of 21% from fourth quarter 2009, and an increase of 54% compared with the first quarter of 2009, which saw a depressed level of export sales due to the global economic downturn. Finished product stockpiles at Sishen mine, Saldanha and Qingdao ports increased to 7.2Mt as at 31 March 2010, an increase of 0.5Mt from the 6.7Mt stockpiled at 31 December 2009, due primarily to an increase in finished stock at Sishen mine and lower domestic offtake. Production from Thabazimbi mine decreased by 23% compared with production in the fourth quarter of last year, to 0.5Mt. Sales from Thabazimbi mine of 0.5Mt were impacted by demand from ArcelorMittal SA and logistics constraints. Kumba reiterates its target of delivering a 5% increase in production volumes from Sishen mine in 2010, as the jig plant ramps up to its full capacity of 12.5-13.0Mt.
16 Apr 2010 09:07:32
(Media Comment)
Business Day reported that Kumba Iron Ore said it would increase exports this year and saw "robust" prices for its commodities, but warned of rising costs. According to CE Chris Griffith, costs at Africa's largest producer of iron ore would rise by about 15% this year on labour and treating iron-ore waste. "We had a fantastic cost performance last year, we are unlikely to have that cost performance this year. We will have increasing costs of waste, we will also have high labour costs," Griffith said. Kumba, which exported 34.2 million tons of iron ore last year, expects to export between 35 million tons and 36 million tons this year, and forecast that this would rise to 47 million tons by 2013.
31 Mar 2010 13:03:00
(Official Notice)
At the fourth (4th) annual general meeting of the shareholders of Kumba held today, 31 March 2010, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be lodged for registration with the Companies and Intellectual Property Registration Office in due course.
09 Mar 2010 12:41:10
(Official Notice)
Shareholders were advised that the annual financial statements were distributed to shareholders on 8 March 2010 and contain no modifications to the audited results which were published on SENS on 18 February 2010.



Notice of the annual general meeting

Notice was given that the fourth annual general meeting of shareholders will be held at Summer Place, 69 Melville Road, Hyde Park Johannesburg at 10:00 on Wednesday, 31 March 2010, to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
05 Mar 2010 16:03:59
(Official Notice)
Kumba advise that share awards granted under the LTIP in 2007 vested on 1 March 2010, Kumba having met the relevant performance conditions. The transfer and delivery of these shares to the director of Kumba and the following directors of its major subsidiary, Sishen Iron Ore Company (Proprietary) Limited, in due course is subject to the LTIP rules and the JSE Listing Requirements.
03 Mar 2010 15:37:06
(Official Notice)
On 26 February 2010, Kumba issued an announcement indicating that its subsidiary, the Sishen Iron Ore Company (Pty) Ltd ("SIOC"), had notified ArcelorMittal South Africa Limited ("Mittal") on 5 February 2010, that, as Mittal had failed to convert its 21.4% undivided share in the old order mining rights which it held in relation to the Sishen mine in terms of the Mineral and Petroleum Resources Development Act ("MPRDA"), Mittal was no longer entitled to receive iron ore from the Sishen mine on a cost plus 3% basis. SIOC, however, tendered to supply iron ore to Mittal on commercial terms. This tender was repeated by SIOC on 25 February 2010. On 26 February 2010 Mittal advised SIOC that it had declared a dispute in response to SIOC's notification.

Subsequently, SIOC has made certain interim proposals to Mittal in relation to the supply of iron ore to Mittal from the Sishen mine, pending the resolution of the dispute between the parties. SIOC has also held discussions with Mittal in relation to the interim proposals and has continued the supply of iron ore to Mittal. SIOC has been advised by Mittal that it is currently considering SIOC`s interim proposals, which could result in iron ore being supplied to Mittal on an agreed basis pending the conclusion of an expedited dispute resolution process between SIOC and Mittal. The supply of iron ore to Mittal from the Thabazimbi mine remains unaffected by this process. SIOC is also engaged in discussions with the Department of Mineral Resources in relation to the residual 21.4% old order mining rights in respect of the Sishen mine.
02 Mar 2010 09:51:04
(Media Comment)
According to Business Report, observers say that while Kumba will benefit from its price spat with ArcelorMittal South Africa Ltd the economy will suffer. The Department of Trade and Industry Minister, Rob Davies, is due to meet with Kumba and the other parties to discuss the impact of the higher market-related prices that Kumba intends to charge going forward.
26 Feb 2010 16:02:06
(Official Notice)
Sishen Iron Ore Company (Pty) Ltd, a subsidiary of Kumba, notified ArcelorMittal South Africa Ltd on 5 February 2010 that, with effect from 1 March 2010, SIOC would no longer supply iron ore from the Sishen Mine to Mittal at a cost plus 3% price, but has tendered to sell iron ore to Mittal on commercial terms.



In terms of the Sishen Supply agreement, which has been in effect since 2001, SIOC has, by virtue of Mittal's ownership of a 21.4% undivided share of the mineral rights to the Sishen Mine, SIOC was contracted to mine at the Sishen Mine on behalf of Mittal, and to supply 6.25Mt of iron ore per annum representing Mittal's share of production from that mine.



As a result of Mittal having failed to convert its old order mining right in respect of its 21.4% undivided share of the mineral rights to iron ore at Sishen Mine, as required in terms of the Mineral and Petroleum Resources Development Act, SIOC notified Mittal that it was no longer obliged to supply the iron ore at cost plus 3%. SIOC has offered to sell an equivalent amount of iron ore to Mittal from the Sishen Mine on commercial terms. SIOC received no communication from Mittal until 26 February 2010 when Mittal advised SIOC inter alia that it had declared a dispute in response to SIOC's notification. SIOC denies that it has repudiated the agreement, and will respond in due course to the undertakings sought by Mittal. The effect of these developments cannot be quantified with certainty at present, but may have a material impact on Kumba's share price.
18 Feb 2010 09:35:38
(C)
Revenue increased by 10% to R23.4 billion from R21.3 billion in 2009. Operating profit decreased to R12.8 billion (2008:R13.5 billion). Profit attributable to ordinary shareholders decreased to R6.9 million (R7.2 million). Headline earnings on a per share basis decreased to R21.82 (R23.02).



Dividends per share

A final dividend of 740 cps was declared for the period under review.



Prospects

Analyst forecasts indicate that global steel consumption should grow in excess of 5% per annum over the next three years, which would lead to increasing iron ore demand. Chinese demand for iron ore is expected to grow by at least 5% during 2010. With Chinese domestic iron ore production falling this has placed increased pressure on seaborne iron ore imports and spot prices. A further recovery outside of China is expected during 2010 and pressures on seaborne iron ore supply continue to rise. Overall, the global seaborne iron ore market remains structurally tight. The growing demand for seaborne iron ore is also manifested in the sharp rise in steel scrap and spot iron ore prices, with the latter indicating a significant premium to 2009 contract prices. Current market consensus indicates an increase in iron ore export prices for the 2010/2011 iron ore year. Although global steel demand is expected to return to growth in 2010, this is likely to be moderate and the sustainability of increase in demand outside of China remains uncertain. Domestic sales volumes from Thabazimbi and Sishen mines remain dependent on the off-take requirements from ArcelorMittal.



Kumba is committed to a further increase in production volumes during 2010, with the continued ramp up of the Jig plant. Waste mining at Sishen Mine is anticipated to increase as the pit gets deeper and wider. Export sales volumes into China are expected to normalise at around 60% of the geographical sales mix. Kumba's operating profit remains highly sensitive to the Rand/US Dollar exchange rate. Relative to the US Dollar, the South African rand has strengthened 20% over the past year. The first mining royalty is payable by Kumba's mining operations from March 2010.



Management focus will be on asset optimisation initiatives, cost management and additional production and sales volumes to lessen the adverse effects of the stronger rand, mining royalty and the cost pressures from an increase in waste mining.
11 Feb 2010 16:53:24
(Official Notice)
The board of directors of Kumba is pleased to announce the appointment of Mr David Weston as a non-executive director of Kumba, with effect from 10 February 2010. Mr Weston is Anglo American plc's group director of business performance, capital projects, commercial, safety and sustainable development.He serves as a non-executive director of International Power plc, London UK.
12 Jan 2010 15:31:38
(Official Notice)
The board of directors of Kumba announced the resignation of Dr Nkosana Moyo and Mr Philip Baum as non-executive directors with effect from 12 January 2010. Both Dr Moyo and Mr Baum have been members of the board of Kumba since its inception in November 2006.
28 Oct 2009 13:56:16
(Official Notice)
An award has been rendered in the arbitration between ArcelorMittal South Africa Ltd and the Sishen Iron Ore company (Pty) Ltd, a subsidiary of Kumba.The arbitration related to Mittal's claim to be entitled to participate in the Sishen South project currently under development by SIOC. Whilst the arbitration proceedings are confidential in nature, the award of the arbitration panel is potentially materially price sensitive information and therefore required to be released on SENS. Kumba shareholders are advised that the arbitration panel has issued an award in favour of SIOC and has determined that Mittal is not entitled to participate in the Sishen South project.
22 Oct 2009 09:02:04
(Official Notice)
Highlights for the quarter include:

*12% increase in total production year-on-year as production from the Jig plant continues to ramp up, increasing 22% from the second quarter to 2.9Mt (million metric tonnes)

*Year to end September export sales volumes of 26.5Mt, an increase of 39% compared with the year to September 2008

*Export sales in the third quarter second highest ever achieved at 9.4Mt, after the record 11.1Mt sold during the second quarter of 2009

*Domestic sales of 1.4Mt were stable quarter-on-quarter, but down 39% or 0.9Mt year-on-year

*Finished product stockpile levels at Sishen Mine, Saldanha and Qingdao ports have increased from 4.6Mt at 30 June 2009 to 5.0Mt at 30 September 2009
30 Jul 2009 09:01:41
(Media Comment)
About R38 billion in revenue could be at stake in the dispute between Kumba Iron Ore and ArcelorMittal South Africa over whether the steel maker can receive up to 4 million tons of ore a year from Kumba's new Sishen South mine at a little more than cost. The dispute centres on whether ArcelorMittal SA can participate in the new mine on the same terms as a supply agreement allowing it to buy up to 8.85 million tons a year of iron ore from Kumba's Sishen and Thabazimbi mines at just more than cost. Kobus Verster, the financial director of ArcelorMittal SA, said if it received a favourable arbitration ruling, then Kumba might have to supply the steelmaker with 4 million tons of iron ore a year over the life of the mine at cash plus 3 percent. If ArcelorMittal won a positive ruling from the arbitrators then it would pay it's share of the capital required to build the mine, Verster added.
23 Jul 2009 09:00:53
(C)
Revenue increased to R12 billion (R9 billion) and operating profit rose to R6.8 billion (R5.2 billion). Net attributable profit improved to R3.4 billion (R2.8 billion). In addition, headline earnings grew to 10.76cps (8.90cps).



Dividend

An interim ordinary dividend of 720cps has been declared.



Prospects

Kumba remains on track with its targeted 10% annual increase in production volumes, should market conditions permit. However, there is limited visibility in demand for seaborne iron ore for the remainder of 2009. Whilst no recovery in the European iron ore market is anticipated in 2009, the Japanese and Korean markets appear to be near the bottom of the cycle and a small improvement in demand is likely. Although the sustainability of China's increasing appetite for imported iron ore is uncertain, Kumba remains cautiously optimistic on its continued ability to redirect its export sales volumes into China. Domestic sales volumes remain dependent on the off-take requirements from ArcelorMittal SA which are likely to be lower than in 2008. Industry annual iron ore price negotiations have commenced with certain settlements reflecting annual price reductions of some 33% for fine ore and 44.5% for lump ore. Kumba anticipates settlement with its customers within the next three months. As Kumba's operating profit remains highly sensitive to the rand/US dollar exchange rate, earnings for the second half of 2009 are likely to be adversely affected given a stronger rand relative to the US dollar and the year-on-year iron ore price reductions anticipated.
13 Jul 2009 13:26:56
(Official Notice)
Shareholders are advised that Kumba will report its financial results for the six months ended 30 June 2009 on 23 July 2009. Headline earnings and basic earnings for the period, after accounting for the minority interest in Sishen Iron Ore Company (Pty) Ltd ("SIOC"), are expected to be between R3.350 million and R3.450 million, with headline earnings per share and earnings per share being between 1 050c and 1 085c. After accounting for the minority interest in SIOC, headline earnings and basic earnings reported for the financial results for the six months ended 30 June 2008, issued on 23 July 2008 were R2.816 million while HEPS and EPS reported for the comparative period were 890c. This trading statement is issued in compliance with the Listings Requirements of the JSE Ltd. The financial information on which this trading statement is based has not been reviewed and reported on by the company's external auditors.
30 Apr 2009 08:11:50
(Official Notice)
*14% increase in production year on year as production from the Jig plant reached 2.0 Mt for the quarter

*Export sales volumes of 6.0 Mt increased 3.5% from 5.8 Mt sold during the fourth quarter of 2008

*Domestic sales down by 0.8 Mt year on year and against contractual volumes

*Finished product stockpile levels at Sishen Mine, Saldanha and Qingdao ports have increased by 1.7 Mt - from 5.8 Mt at 31 December 2008 to 7.5 Mt at 31 March 2009.



Production during the first quarter was in line with plan and Kumba remains committed to increase production by some 10% during 2009 should market conditions permit. Management continues to monitor closely stock levels and will consider cut-backs in production should the extent to which demand cuts from Europe and Japan escalate and are not absorbed by China, domestic demand decreases further and physical stockpile capacity is exceeded
20 Mar 2009 15:30:27
(Official Notice)
At the third annual general meeting of the shareholders of Kumba held on 20 March 2009, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be lodged for registration with the Companies and Intellectual Properties Registration Office in due course.
26 Feb 2009 13:53:37
(Official Notice)
With regard to the audited results for the year ended 31 December 2008, shareholders are advised that the annual financial statements have been distributed to shareholders on 26 February 2009 and contain no modifications to the audited results which were published on SENS on 16 February 2009. Notice is hereby given that the 3rd annual general meeting of Kumba shareholders will be held at Hyatt Regency Johannesburg Hotel on 20 March 2009 at 12:00 to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
16 Feb 2009 09:50:56
(C)
Revenue increased by 86% as a result of stronger iron ore prices, a weaker Rand, increased revenue from shipping services and higher export sales volumes. Operating expenses remained under pressure as inflation in South Africa soared and fuel and other key commodity costs saw unprecedented increases during the year. Despite the increase in operating costs, Kumba's operating margin improved to 63% in 2008 (69% from mining activities) from 52% (56% from mining activities) in 2007. Cash generated from operations for the year increased to R14.5 billion compared to the R5.8 billion generated during 2007. Attributable earnings for the year was R22.80 per share, while headline earnings increased to R23.02 per share, on which a final cash dividend of R13.00 per share has been declared, bringing the total dividend for the year to R21.00 per share.



Prospects

The uncertainties and challenges faced by the global economy have led to a period of unprecedented volatility and rapid decreases in commodity prices and volumes traded. Kumba plans to increase production by some 10% during 2009 should stable market conditions prevail. Kumba will continue to target customers in China in an attempt to redirect any lost contract volumes from Europe and Japan. In the short-term minor production cut-backs may be required to produce higher quality products. However, more substantial cut-backs in production will depend on the scale of demand cuts from Europe and Japan and the extent to which this can be absorbed by China. The first half of 2009 is likely to be very challenging for iron ore sales volumes. Price negotiations will be a key area of uncertainty in this volatile economic period. Kumba's quality product range and the strength of long-standing customer relationships should enable the group to continue trading successfully. Kumba remains confident that the iron ore market fundamentals remain robust in the long term. The board welcomes the announcement by the National Treasury to defer the mining royalty, which will assist Kumba in reducing anticipated costs thereby enhancing its ability to proceed with the development of the Sishen South project as planned. This project will add a further 2 800 jobs during the development to the 5 000 current jobs at existing operations.
20 Jan 2009 14:03:29
(Official Notice)
Kumba will report its financial results for the twelve months ended 31 December 2008 on 16 February 2009. Headline earnings and basic earnings for the period are expected to be between R6,800 million and R7,500 million, with headline earnings per share and earnings per share being between 2,150 cents and 2,370 cents. The restated financial results for the twelve months ended 31 December 2007. After accounting for the minority interest in SIOC, headline earnings and basic earnings reported for the comparative period were R3,143 million and R3,181 million respectively while HEPS and EPS reported for the comparative period were 1,000 cents and 1,011 cents respectively. The trading results of Kumba for the year ended 31 December 2008 have been buoyed by strong iron prices and the softening of the exchange rate of the Rand to the US dollar.The performance for the year was adversely affected in late 2008 by the unprecedented volatility in the global economy.The financial information on which this trading statement is based has not been reviewed and reported on by the company's external auditors.
17 Dec 2008 09:33:56
(Official Notice)
The uncertainties and challenges faced by the global economy have led to a period of unprecedented volatility and rapid decreases in commodity prices. The Kumba board wishes to advise its shareholders on its planned response to the challenges:

* 2009 capital expenditure has been reduced by some 20% to USD425 million. Management will continue to review capital expenditure and costs against market conditions.

* Planned 2009 capital expenditure at Sishen South has been optimized along the critical path and first production remains scheduled for H1 2012.

* 2009 production is expected to increase by approximately 10% versus 2008 as the Sishen jig plant continues to ramp up.

* Kumba Iron Ore's high quality products are produced at low cost on a delivered basis and are thus well placed to survive the current market volatility.

* Due to the volatility of the market, Kumba's Sishen Mine will look to secure export volumes in the short term by focusing on increasing the quality of products to its customers, albeit with the effect of marginally reducing the Q4 2008 volumes produced by the Mine.

Kumba remains confident that the iron ore market fundamentals remain robust in the long term.
11 Dec 2008 08:35:52
(Media Comment)
Kumba plans to proceed with an R8.5 billion expansion as its competitors slash output, noted Business Report. Chief executive Chris Griffith approved the project in July 2008. The expansion will start production in 2012, delivering nine million tons a year when it reaches full output. Kumba shares fell 3.68% to R157.00 on Wednesday, 10 December 2008.
03 Dec 2008 09:47:52
(Official Notice)
Kumba announced the appointment of Ms Zarina Bassa as a non-executive director and chairman of the audit and risk committee of Kumba with immediate effect.
23 Oct 2008 09:44:21
(Official Notice)
Highlights for the third quarter:

*Strong quarterly production underpinned by the steady ramp up of production from the jig plant.

*Stock build up at Sishen Mine due to logistics delays.

*The 9 Mtpa Sishen South project approved for development, with first production in 2012; logistics agreement concluded with Transnet.

*Benchmark iron ore price negotiations with export customers concluded for the 2008/2009 iron ore year at an average increase between 100% - 110% on a rand per tonne basis.

*Results for the full year to 31 December 2008 will be announced on 16 February 2009.
31 Jul 2008 09:09:35
(Official Notice)
Kumba announced the approval of an R8.5bn investment in the new Sishen South mine. Sishen South mine is located 80km south of the Sishen mine, near Postmasburg in the Northern Cape. The new mine is scheduled to start production in the first half of 2012, ramping up to full capacity of 9Mtpa in 2013.
24 Jul 2008 08:44:12
(C)
For the six months ended 30 June 2008 Kumba delivered strong financial results. Revenue increased by 67%, to R9 048m (2007: R5 431m), as a result of higher sales volumes, stronger iron ore prices and increased revenue from shipping services. Despite continued pressure on operating expenses, Kumba`s operating margin increased to 58% in 2008 (63% from mining activities), from 54% (57% from mining activities) in 2007. Profit for the six months ended 30 June 2008 was R3.5 billion (2007: 2.0 billion), whilst headline earnings increased 76% from R1.6 billion to R2.8 billion. Cash generated by operations for the period increased to R4.6 billion, up 52% compared to the R3.0 billion generated during the corresponding period in 2007. Attributable and headline earnings for the six months were 890 cents per share.



Dividends

An interim dividend of 800 cent per share was declared for the six months ended 30 June 2008.



Prospects

Kumba remains positive on the prospects for iron ore given continued strong Chinese demand for steel and upward pressure on iron ore prices, as supply and logistics constraints delay bringing on stream new production in response to increased demand. Final settlement of iron ore prices for the 2008/2009 iron ore year between Kumba and its customers is anticipated in the third quarter of 2008.
09 Jul 2008 12:40:54
(Official Notice)
Shareholders are advised that Kumba will report its financial results for the six months ended 30 June 2008 on 24 July 2008. Headline earnings and basic earnings for the period, after accounting for the minority interest in Sishen Iron Ore Company (Pty) Ltd, are expected to be between R2.660 million and R2.970 million, with headline earnings per share and earnings per share being between 840 cents and 938 cents.
28 May 2008 14:21:16
(Official Notice)
At the second annual general meeting of the shareholders of Kumba held on Wednesday, 28 May 2008, the requisite majority of shareholders approved all the ordinary and special resolutions proposed at the meeting. The special resolution will be lodged for registration with CIPRO in due course.
28 May 2008 12:47:33
(Official Notice)
Kumba announced the following changes to its senior executive team: Ras Myburgh, Chief Executive Officer will, as part of Kumba`s efforts to continue to support Eskom in developing solutions to meet South Africa`s energy needs, begin a secondment with Eskom by assuming an important responsibility of advising the utility on its long term coal sourcing strategy and its implementation for all of Eskom`s power stations. Chris Griffith is appointed Chief Executive Officer of Kumba. Chris will join Kumba from Anglo Platinum, where he is currently the executive responsible for all joint venture operations.



These changes will take effect on 1 July 2008. Ras will resign as CEO and director and Chris will be appointed as CEO and director.
05 May 2008 13:17:36
(Official Notice)
With regard to the audited results for the year ended 31 December 2007, shareholders are advised that the annual report will be distributed to shareholders on or about 5 May 2008 and contain no modifications to the audited results which were published on SENS on 14 February 2008.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Kumba shareholders will be held at the Johannesburg Country Club, Auckland Park at 12:00 on Wednesday, 28 May 2008, to transact the business as stated in the annual general meeting notice forming part of the annual report.
29 Apr 2008 08:24:17
(Official Notice)
Kumba released its production report for the quarter ended 31 March 2008. Strong quarterly production was underpinned by strong demand. Production from the Sishen Expansion Project jig plants continues to ramp up. The group's interim results for the half year to 30 June are due to be announced on 24 July 2008.
05 Mar 2008 08:07:27
(Media Comment)
Business Day reported that Kumba was upgraded to "buy" from a "hold" recommendation by Citigroup on the back of rising prices and a weaker rand. This led to Kumba surging R26.90, or 8%, to R365, a record high. Citigroup also commented that Anglo could acquire the rest of the company.
18 Feb 2008 07:25:47
(Media Comment)
Business Day noted that Kumba's stock slumped R17.00, or 5.5%, to R292.00 on Friday, 15 February 2008. This was after Deutsche Bank analyst Tim Clark lowered his recommendation on the stock to "sell" from "hold".
14 Feb 2008 08:27:53
(C)
Kumba increased revenue to R11.5 billion on the back of record production, higher sales volumes, increased benchmark prices and quality premia on certain products. And although operating expenses remained under pressure, operating profit rose to R5.7 billion. This all contributed to a profit attributable to ordinary shareholders of R3.1 billion. In addition, attributable and headline earnings for the year were 985c and 974c per share respectively.



Dividend

A final cash dividend of 400cps has been declared for the twelve month period under review.



Prospects

Although global economic growth is expected to slow in the year ahead as the unwinding of the housing finance problems in the United States impacts negatively on economic growth in the United States and elsewhere, the global market for iron ore is expected to remain tight in the short to medium term. The economies of China and the rest of Asia are expected to continue growing on the back of strong domestic demand and high levels of domestic fixed investment, providing continued strong growth in the demand for iron ore. At the same time, major suppliers continue to experience difficulties in bringing on new production in time to meet increasing demand due to the global shortage in engineering and construction resources. In addition, logistical constraints associated with rail and port capacity and shortages in dry bulk vessel capacity at times, are expected to affect the supply side of the seaborne iron ore market. As a result, prices are expected to increase substantially in the current iron ore year and remain firm in the medium term.



Operating expenses will remain under pressure, possibly exacerbated by energy shortages and the need to use higher cost options to maintain production. Production from SEP is expected to ramp up in 2008 with production of 13Mt achieved in 2009. Most of the additional production is destined for markets in China.
12 Feb 2008 08:06:46
(Media Comment)
According to Business Report, Kumba has plans to complete a study before the end of 2008 on developing a mine in Guinea. Spokesperson Tebello Chabana said the company was also going to establish an office in Conakry, Guinea's capital.
13-Jul-2017
(X)
Kumba is a supplier of high-quality iron ore to the global steel industry. Kumba operate primarily in South Africa, with mining operations in the Northern Cape and Limpopo provinces, 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 (Pty) Ltd. (SIOC), an entity which we manage. SIOC, in turn, owns the operating assets of the Company.



The remaining 23.7% interest in SIOC is held by our black economic empowerment (BEE) partners Exxaro Resources Ltd. (a leading BEE company listed on the JSE), the SIOC Community Development Trust (a trust that funds projects in local communities) and Envision (an employee share participation scheme).



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