| Anglo American notes the publication of the draft reviewed Mining Charter | |
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The company has consistently affirmed its support for the aims of the Mining Charter, and acknowledges its role under the legislation governing the mining industry and promoting transformation in South Africa.
Anglo American views the decision to publish the draft review prior to seeking input from the mining industry as premature. Furthermore, the retrospective application of the draft Charter to our existing mining rights is subject to the same principles as the application brought by the Chamber of Mines, which is currently before the North Gauteng High Court (Pretoria). The current draft review of the Charter represents solely the view of the DMR and needs to be comprehensively reconsidered to ensure that South Africa can once again be a preferred investment destination for the mining industry.
Anglo American will further study the draft revision of the Charter and work closely with industry peers and the Chamber of Mines to engage with the DMR in order that we work towards supporting recovery, investment and growth in the mining industry to benefit all stakeholders.
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Kumba Iron Ore
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PRODUCER |
CODE : KIO |
ISIN : ZAE000085346 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Kumba Iron Ore is a zinc and copper producing company based in South africa. Kumba Iron Ore produces zinc, copper, iron in South Africa, and holds various exploration projects in Congo Dem. Rep. of and in Tanzania. Its main asset in production is SISHEN MINE in South Africa and its main exploration properties are KIPUSHI in Congo Dem. Rep. of and MRANGI in Tanzania. Kumba Iron Ore is listed in Germany, in South Africa and in United States of America. Its market capitalisation is 4.7 billions as of today (US$ 10 541.9 billions, € 9 572.0 billions). Its stock quote reached its highest recent level on September 07, 2015 at 8 797.00, and its lowest recent point on March 17, 2023 at 10.29. Kumba Iron Ore has 322 085 974 shares outstanding. |