Tags Kumba 040808

Tag: kumba 040808

Kumba to invest R8.5bn in new mine

Kumba to invest R8.5bn in new mine

Kumba Iron Ore has announced plans to invest R8.5-billion into developing the new Sishen South mine near the town of Postmasburg in the Northern Cape, with production scheduled to start in 2012. The ore, aimed primarily at the export market, will be transported by rail to Saldanha Bay.

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