Kumba warns of lower interim earnings on the back of lower production, sales

Iron-ore output by JSE-listed Kumba Iron Ore, a subsidiary of Anglo American, decreased by 11% year-on-year to 17.9-million tonnes in the first six months of this year. Kumba’s operational performance for the period reflects lower workforce levels in the second quarter, as guided by the South African government in response to the Covid-19 pandemic.