Kumba Iron Ore up, sees higher profits

Kumba's profit has fallen. Photo: Simphiwe Mbokazi.

Kumba's profit has fallen. Photo: Simphiwe Mbokazi.

Published Dec 17, 2013

Share

Johannesburg - Shares of Kumba Iron Ore rise more than 2 percent after the company says it expects full-year earnings to be at least 20 percent higher than the previous year.

The earnings will be lifted by higher prices, the company says.

Its shares are up 2.61 percent at 405.49 rand. - Reuters

Related Topics: