KIO 201310180003A
Kumba Iron Ore Limited production and sales report for the quarter ended 30 September
2013
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
Registration number 2005/015852/06
JSE Share code: KIO
ISIN: ZAE000085346
Kumba Iron Ore Limited production and sales report for the quarter ended 30 September
2013
Kumba Iron Ore Limited (Kumba) today released its production and sales report for the
quarter ended 30 September 2013. Throughout this report, production and sales volumes
referred to are 100% of Sishen Iron Ore Company Proprietary Limited (SIOC), and
attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.
Overview:
- Total production decreased by 24% compared to Q3 2012 and by 16% compared to the
previous quarter to 9.5 Mt, mainly impacted by ongoing pit constraints at Sishen mine and
section 54 regulatory stoppages in August 2013.
- Exceptional performance at Kolomela mine continued with 2.8 Mt produced for the quarter,
an increase of 12% compared to Q3 2012 and 9% compared to the previous quarter.
- Total export sales volumes decreased by 5% compared to Q3 2012 and by 7% compared
to the previous quarter to 9.4 Mt.
Unaudited production summary
Quarter % Quarter %
change change
000 tonnes Q3 2013 Q3 2013
Q3 2013 Q3 2012 vs Q2 2013 vs
Q3 2012 Q2 2013
Total 9,474 12,497 (24) 11,278 (16)
- Sishen mine 6,429 9,756 (34) 8,562 (25)
DMS plant 3,880 6,610 (41) 5,829 (33)
Jig plant 2,549 3,146 (19) 2,733 (7)
- Kolomela mine 2,806 2,500 12 2,584 9
- Thabazimbi mine 239 241 (1) 132 81
Unaudited sales summary
Quarter % Quarter %
change change
000 tonnes Q3 2013 Q3 2013
Q3 2013 Q3 2012 vs Q2 2013 vs
Q3 2012 Q2 2013
Total 10,734 11,122 (3) 11,310 (5)
- Export sales 9,422 9,959 (5) 10,178 (7)
- Domestic sales 1,312 1,163 13 1,132 16
Sishen mine 1,099 854 29 960 14
Thabazimbi mine 213 309 (31) 172 24
Sishen mines production decreased by 34% compared to Q3 2012 and by 25% compared to
the previous quarter to 6.4 Mt. Production was mainly impacted by availability of material
supplied to the mines plants as well as section 54 regulatory stoppages relating to the
operation of trackless mobile machinery in August 2013 and the subsequent ramp up of the
mine. The Sishen mine pit is currently operating at a quarterly run rate of approximately 8 Mt. A
plan to address the current pit constraints and a longer term operational strategy is expected to
be presented by the end of the year.
Kolomela mine produced 2.8 Mt for the quarter, an increase of 12% compared to Q3 2012 and
9% on the previous quarter. Kolomela mine is anticipated to produce approximately 10 Mt in
2013, above its 9 Mtpa design capacity.
Production at Thabazimbi mine decreased by 1% compared to Q3 2012 and increased by 81%
compared to the previous quarter to 0.2 Mt, in line with ArcelorMittal South Africa Limiteds
(AMSA) requirements. Pit complexities and geotechnical challenges continue as the mine
approaches the end of its life in terms of its current life of mine plan.
As previously announced, SIOC and AMSA are engaging with one another in relation to the
possibility of a new supply agreement for iron ore from SIOCs mines including the Sishen and
Thabazimbi mines. Shareholders will be informed of further developments as appropriate.
Total export sales volumes decreased by 5% compared to Q3 2012 and by 7% compared to
the previous quarter to 9.4 Mt, mainly due to the reduction in Sishen mines production as well
as the annual maintenance shutdown of the rail line and port by Transnet, partially offset by
Kolomela mines production gains. Export sales volumes for 2013 are anticipated to be lower
than the previously guided 40Mt and are dependent on production levels.
Domestic sales volumes increased by 13% compared to Q3 2012 and by 16% on the previous
quarter to 1.3 Mt, due to increased off-take by AMSA.
Total finished product stockpile levels amounted to 2.2 Mt as at 30 September 2013 compared
to 5.2 Mt as at 30 September 2012.
For further information, please contact:
Esha Mansingh
Investor Relations
Tel: +27 (0)12 683 7257 / +27 (0) 83 488 9427
Email: esha.mansingh@angloamerican.com
Centurion
18 October 2013
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-
adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in
South Africa at Sishen mine and its new Kolomela mine in the Northern Cape Province, and at
Thabazimbi mine in the Limpopo Province. Kumba exports iron ore to customers in a range of
geographical locations around the globe including China, Japan, Korea and a number of
countries in Europe and the Middle East.
www.angloamericankumba.com
Notes to editors:
Anglo American is one of the worlds largest mining companies, is headquartered in the UK and
listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses
meets our customers changing needs and spans bulk commodities iron ore and manganese,
metallurgical coal and thermal coal; base metals and minerals copper, nickel, niobium and
phosphates; and precious metals and minerals in which we are a global leader in both
platinum and diamonds. At Anglo American, we are committed to working together with our
stakeholders our investors, our partners and our employees to create sustainable value that
makes a real difference, while upholding the highest standards of safety and responsibility
across all our businesses and geographies. The companys mining operations, pipeline of
growth projects and exploration activities span southern Africa, South America, Australia, North
America, Asia and Europe.
www.angloamerican.com
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