Report summaryKhumani is a surface mine in the Northern Cape Province of South Africa and is operated by Assmang, a 50/50 venture by Assore and African Rainbow Minerals. The mine has a capacity of 14Mtpa and all of its output is sold to the seaborne export market. Mining costs have reduced by two-thirds since 2012 owing to the depreciation of the South African Rand and strip ratios being more than halved. We expect costs to rise modestly from 2017 onwards because of increases in salaries, a rise in strip ratios, and large hikes in power prices being proposed by Eskom.
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- Khumani iron ore mine PDF - 331.06 KB 8 Pages, 10 Tables, 2 Figures
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