Kumba - Re-Commissioning Of Ship Loader At Saldanh
KMB
KMB
Kumba - Re-Commissioning Of Ship Loader At Saldanha On Schedule
Kumba Resources Limited
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
Share Code: KMB
ISIN: ZAE000034310
("Kumba" or "the company")
RE-COMMISSIONING OF SHIP LOADER AT SALDANHA ON SCHEDULE
Diversified metals and mining company Kumba Resources Limited (Kumba) today
reported that its iron ore exports through the port of Saldanha are expected to
resume about 19 October 2006 in line with a Transnet initiative to re-commission
one of its two ship loaders at the port.
Kumba announced on 28 September 2006 that exports of iron ore from the port,
operated by SA Port Operations, a division of Transnet, had been disrupted
following the failure of ship loader No.2 on 26 September 2006.
The initiative to restore ship loading operations is progressing well and a
dedicated team is making good progress to re-commission ship loader No.1 which
sustained damage to its feed conveyor during the failure.
The project to re-instate ship loader No.2 will not negatively affect loading
capacity as normal ship loading involves the operation of one ship loader at a
time. However, having one ship loader out of operation will impact on the
flexibility of the ship loader maintenance and general operating schedules.
The breakdown will delay Kumba"s short term iron ore export schedule but trains
from the Sishen mine to Saldanha Bay remain fully operational and the port"s
iron ore stockpile capacity will allow continued feed to Saldanha Bay.
Kumba regrets the impact this development may have on some of its customers and
is taking steps to minimise potential disruptions. Customers will be kept
abreast of developments on an ongoing basis.
Enquiries:
Trevor Arran
General Manager: Corporate Affairs & Investor Relations
Tel: +27 (0) 12 307 3292 Mobile: +27 (0) 83 609 1444
10 October 2006
Sponsor: JP Morgan Equities Limited
Date: 10/10/2006 02:35:07 PM Produced by the JSE SENS Department
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