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Last 13,249
Change Today -804.00 / -5.72%
Volume 763.7K
KIO On Other Exchanges
As of 11:00 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

kumba iron ore ltd (KIO) Snapshot

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52 Week High
07/29/14 - $38,335
52 Week Low
04/15/15 - $12,041
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Current Stock Chart for KUMBA IRON ORE LTD (KIO)

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kumba iron ore ltd (KIO) Details

Kumba Iron Ore Limited engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore in South Africa. The company’s flagship project is the Sishen mine, which is located in Northern Cape Province, South Africa. It also exports its iron ore to China, Japan, India, and South Korea, as well as countries in Europe and the MENA region. The company was founded in 2006 and is headquartered in Centurion, South Africa.

Founded in 2006

kumba iron ore ltd (KIO) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: R10.9M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: R4.8M
Executive Head of Operations
Total Annual Compensation: R3.0M
Executive Head of Projects
Total Annual Compensation: R3.0M
Executive Head of Public Affairs
Total Annual Compensation: R2.4M
Compensation as of Fiscal Year 2013.

kumba iron ore ltd (KIO) Key Developments

Kumba Iron Ore Ltd. Appoints Mr. Andile Sangqu as a Non-Executive Director

Kumba Iron Ore Ltd. announced the appointment of Mr. Andile Sangqu as a non-executive director of the company with effect from 29 June 2015. Mr. Sangqu is currently the Executive Head of Anglo American South Africa and is being appointed onto the company’s board as a shareholder representative of Anglo American plc. He currently also serves as the Vice President of the Chamber of Mines.

Kumba Iron Ore Ltd. Announces Resignation of Gert Gouws as Non-Executive Director from the Board

Kumba Iron Ore Ltd. announced that Mr. Gert Gouws has tendered his resignation as a non-executive director from the board of Kumba with effect from May 8, 2015.

Kumba Iron Ore Limited Provides Earnings Guidance for the Six Months Ending June 30, 2015

Kumba Iron Ore Limited provided earnings guidance for the six months ending June 30, 2015. For the six months, the company expects both headline earnings and basic earnings for the period are likely to be at least ZAR 1,302 million (20%) lower than the previous six months ended 30 June 2014. Headline earnings and basic earnings reported for the comparative period were ZAR 6,505 million and ZAR 6,511 million respectively, while headline earnings per share and earnings per share reported for the comparative period were ZAR 20.28 and ZAR 20.30 respectively. The decrease in earnings is primarily attributable to the significant decrease in export iron ore prices during the period. In this regard, both HEPS and EPS are also likely to be at least ZAR 4.06 (20%) lower than those of the comparative period.


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