17
Jul
10:00
Kumba guides for increased earnings in second quarter
Anglo-American’s Kumba Iron Ore has given positive guidance on its second quarter 2016 earnings in a trading update monitored by Kallanish.
Ahead of its results announcement later this month, the South Africa-based miner says that its Q2 2106 earnings have risen year-on-year. Headline earnings for the period are likely to be in the range ZAR 2,875-3,090 million ($197-212m), with basic earnings for the period expected to be between ZAR 2,840-3,055m.
Repo…
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Anonymous
Very good overview of the weekly steel market.
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