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KUMBA IRON ORE LIMITED - Kumba Iron Ore Limited production and sales report for the quarter ended 30 June 2013

Release Date: 18/07/2013 08:00
Code(s): KIO     PDF:  
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Kumba Iron Ore Limited production and sales report for the quarter ended 30 June 2013

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba")


Kumba Iron Ore Limited production and sales report for the quarter ended 30 June 2013

Kumba Iron Ore Limited (“Kumba”) today 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 Limited (“SIOC”), and attributable to
shareholders of Kumba as well as the non-controlling interests in SIOC.

Overview:

-     Total production of 11.3 Mt decreased by 1% compared to Q2 2012 but increased by 9%
      compared to the previous quarter mainly due to continued improvement in production rates
      at Sishen mine (quarter on quarter) following the unprotected strike in Q4 2012, together
      with the exceptional performance of Kolomela mine.
-     Total export sales volumes were 10.2 Mt for the quarter, a decrease of 4% compared to Q2
      2012 and an increase of 2% compared to the previous quarter.

     Unaudited production summary
                                    Quarter                %        Quarter           %
                                                        change                      change
    ‘000 tonnes                                         Q2 2013                     Q2 2013
                           Q2 2013        Q2 2012          vs       Q1 2013           vs
                                                        Q2 2012                     Q1 2013
    Total                 11,278         11,449           (1)        10,335            9
    - Sishen mine          8,562          9,448           (9)         7,552           13
       DMS plant           5,829          6,720          (13)         4,888           19
       Jig plant           2,733          2,728            -          2,664            3
    - Kolomela mine        2,584          1,739           49          2,680           (4)
    - Thabazimbi mine        132            262          (50)           103           28

     Unaudited sales summary
                                    Quarter               %          Quarter          %
                                                        change                      change
     ‘000 tonnes                                        Q2 2013                     Q2 2013
                            Q2 2013       Q2 2012          vs        Q1 2013          vs
                                                        Q2 2012                     Q1 2013
    Total                  11,310        11,966           (5)        10,827            4
     - Export sales        10,178        10,598           (4)         9,945            2
     - Domestic sales       1,132         1,368          (17)           882           28
        Sishen mine           960           981           (2)           751           28
        Thabazimbi mine       172           387          (56)           131           31

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 Limited’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.


For further information, please contact:

Esha Mansingh
Investor Relations
Tel: +27 (0)12 683 7257 / +27 (0) 83 488 9427
Email: esha.mansingh@angloamerican.com

Centurion
18 July 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-
adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in
South Africa at Sishen mine and its new Kolomela mine in the Northern Cape Province, and at
Thabazimbi mine in the Limpopo Province. Kumba exports iron ore to customers in a range of
geographical locations around the globe including China, Japan, Korea and a number of
countries in Europe and the Middle East.
www.angloamericankumba.com

Anglo American plc is one of the world’s largest mining companies, is headquartered in the
UK and listed on the London and Johannesburg stock exchanges. Anglo American’s portfolio of
mining businesses spans bulk commodities – iron ore and manganese, metallurgical coal and
thermal coal; base metals – copper and nickel; and precious metals and minerals – in which it
is a global leader in both platinum and diamonds. Anglo American is committed to the highest
standards of safety and responsibility across all its businesses and geographies and to making
a sustainable difference in the development of the communities around its operations. The
company’s mining operations, extensive pipeline of growth projects and exploration activities
span southern Africa, South America, Australia, North America, Asia and Europe.
www.angloamerican.com

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