{"id":665887,"date":"2018-04-24T23:39:08","date_gmt":"2018-04-24T23:39:08","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=665887"},"modified":"2018-04-24T23:39:08","modified_gmt":"2018-04-24T23:39:08","slug":"one-asset-leads-south-african-miners-growth-in-q1-2018-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=665887","title":{"rendered":"One asset leads South African miner\u2019s growth in Q1-2018"},"content":{"rendered":"

South Africa’s Kumba Iron Ore<\/a> reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018.<\/p>\n

In a press release<\/a>, Anglo American’s (LON:AAL) subsidiary revealed that the growth was driven entirely by a 26 per cent increase at its Kolomela iron-ore mine, situated near Postmasburg town. The asset supplied 3.5 million tonnes of mineral during the first three months of the year.<\/p>\n

Such positive results helped offset lower yields from Kumba’s flagship Sishen mine, whose output was down 5 per cent to 7.3-million tonnes compared with the same quarter of 2017. \u201cThis was primarily driven by lower DMS plant production due to short-term mining feedstock constraints which were partially offset by higher yields from both the DMS and JIG plants,\u201d the media statement reads.<\/p>\n

A derailment on the railway line from Sishen to the Saldanha port also had a negative impact, slashing export sales by 1 per cent to 9.9 million tonnes below the Q1 2017 level. Compared to the previous quarter, sales were down by 12 per cent.<\/p>\n

Despite the accident, management remains optimistic. \u201cKumba is working closely with Transnet to mitigate derailments and currently expects to meet full-year guidance with total sales of 44\u201345Mt. Total finished product stock is 4.6Mt, compared to 4.3Mt as at 31 December 2017,\u201d the brief states. <\/p>\n

The post One asset leads South African miner’s growth in Q1-2018<\/a> appeared first on MINING.com<\/a>.<\/p>\n

\u2026read more<\/a> <\/p>\n

Source:: Infomine<\/a><\/p>\n

The post One asset leads South African miner’s growth in Q1-2018<\/a><\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

South Africa’s Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018. In a press release, Anglo American’s (LON:AAL) subsidiary revealed that the growth was driven entirely by a 26 per cent increase at its Kolomela iron-ore mine, situated near Postmasburg town. The asset […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/665887"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=665887"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/665887\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=665887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=665887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=665887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}