26
Jul
23:35
Anglo American signals dip in Kumba Q2 underlying earnings
UK-headquartered miner Anglo American plc has signalled that underlying earnings for its Kumba Iron Ore operations have fallen year-on-year in the second quarter of 2016. The group also confirms the appointment of a new ceo for Kumba, Kallanish notes.
For the six months ended 30 June 2016. Kumba Iron Ore Limited reported headline earnings of ZAR 3,009 million ($209m), Anglo American confirms. This means that the group will report underlying earnings in respect o…
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Very good overview of the weekly steel market.
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