26
Jan
00:00
Kumba Iron Ore earnings tumble in 2014, company warns
Iron ore miner Anglo-American warns that its Kumba, South Africa operation will show a marked decrease in earnings in its upcoming full-year 2014 results.
In a pre-results notice to shareholders the company says that headline earnings for the period are likely to be between ZAR 10,610 million ($925.2m) and ZAR 11,410m, with basic earnings expected to be between ZAR 10,220m and ZAR 11,020 million.
Even when the top-end estimates are considered, these r…
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Anonymous
Very good overview of the weekly steel market.
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