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Kumba: The Anglo shakeup – Financialmail.co.za

Kumba: The Anglo shakeup – Financialmail.co.za

If Anglo American doesn’t want to keep Kumba Iron Ore, why should any other investors want it? At Kumba’s interim results last week, outgoing CEO Norman Mbazima reiterated the reasons Anglo American CEO Mark Cutifani had previously given for selling Kumba, which related to the nature of the assets and the long-term fundamentals for iron ore. Abdul Davids comments. 

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