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  - AFRICANMININGMARKET.COM - A La Une - 29/Jul 06:04

Kumba Iron Ore H1 profit flat despite increased sales

Anglo American’s South African unit Kumba Iron Ore said on Tuesday its half-year profit was flat despite a 3% increase in sales, as weak global steel demand impacted prices. Kumba reported headline earnings per share of ZAR22.26 (US$1.24) in the six months to 30th June, compared to ZAR22.27 during the same period last year. The company …

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