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Kumba bonus payouts august 2017
Kumba's operating profit remains highly sensitive to the rand/US dollar exchange rate.
This, together with the significant impact of the weaker iron ore price outlook, has resulted in an impairment charge relating to Sishen mine of R6 play games for money free your phone billion (pre-tax).
16-Jul-2015 (Official Notice) Kumba production and sales report for secrets to slot machines 10 times pay the quarter ended Kumba released its production and sales report for the quarter ended Throughout this report, production and sales volumes referred to are 100 of Sishen Iron Ore Company (Pty) Ltd.The decrease in earnings is largely attributable to a decrease in export iron ore prices.This event reduced dispatches from Kolomela mine during the quarter, which are expected to be made up by the end of Q2 2014.S?) mining right in respect of the Sishen mine to include the residual.4 undivided share of the mining right for the Sishen mine.Capital expenditure for 2018, including deferred stripping, is expected to be in the range.9 billion.1 billion.These changes will take effect on Ras will resign as CEO and director and Chris will be appointed as CEO and director.Waste run rates remain in line with the full year guidance of 135-150.Dr Gantsho will join the board on will succeed Mr Titi as chairman on, after a handover period of two months.amsa opposed the applications for leave to appeal.It is anticipated, however, that the supply/demand balance will shift in the second half of 2014 due to more supply from Australia and Brazil, and slowing demand growth.The Board of Kumba is pleased to announce the appointment of Mr Andile Sangqu as a non-executive director of the Company with effect from Mr Sangqu is currently the Executive Head of Anglo American South Africa and is being appointed onto the Company?Reported headline earnings and basic earnings for the prior comparative period (released on sens on 14 February 2017) were R8,724 million and R8,621 million respectively, while reported heps and EPS for the comparative period were R27.30 and R26.98 respectively.Sishen mine's production.5Mt was in line with Q1 2011, however decreased by 14 compared with Q4 2011.The majority of the illegal strikers ignored an ultimatum to leave the mine and report for disciplinary hearings by 11:00 on Monday, to explain why they should not be dismissed.Extensive negotiations to determine the terms of a further interim pricing agreement have taken place between sioc and amsa.The increase in earnings is largely attributable to an increase in export iron ore prices and a weaker ZAR:USD exchange rate, partially offset by lower production from Sishen mine during the period.The action is being dealt with in line with the company's labour relations procedure, with due consideration to the safety of the vast majority of workers who are not taking part in the unprotected strike.Waste removal increased by 21 to 42Mt, compared to 35Mt in 3Q16.
Sioc remains firmly of the view that the review proceedings which it has instituted in relation to the decision of the DMR to grant a prospecting right to Imperial Crown Trading are justified.
Sioc will file its supplementary founding affidavit in the review proceedings during the week commencing it is anticipated that the respondents will file their answering affidavits during the course of September 2010.
Kolomela mine continued its strong performance, producing.5 Mt for the quarter, and is on track to produce 10Mt in 2014.