Business Day TV spoke to mining analyst Peter Major
23 July 2024 - 15:40
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Kumba Iron Ore’s Sishen mine. Picture: GETTY IMAGES/WALDO SWIEGERS
Kumba Iron Ore has reported a 26% decline in interim headline earnings per share, largely due to a lower average realised free-on-board (FOB) export iron ore price and a decrease in sales volumes. Business Day TV spoke to mining analyst Peter Major for more details on the dynamics behind the falling iron ore price.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Falling iron ore prices in focus
Business Day TV spoke to mining analyst Peter Major
Kumba Iron Ore has reported a 26% decline in interim headline earnings per share, largely due to a lower average realised free-on-board (FOB) export iron ore price and a decrease in sales volumes. Business Day TV spoke to mining analyst Peter Major for more details on the dynamics behind the falling iron ore price.
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