Kumba to post hefty fall in profit after turmoil at Transnet takes Q4 sales 35% lower

KUMBA Iron Ore will report a 38% to 44% decline in headline and basic earnings for its 2022 financial year as lower market prices, a fall in sales, and the write-down of its Kolomela mine weighed on the Anglo American firm. In a trading and production update – which detailed a host of rail, port and…...

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Edward Smit