New Kumba Iron Ore CEO Mpumi Zikalala this week gave a firm thumbs up to South Africa’s biggest iron-ore mining and marketing company continuing to invest in mineral exploration in the Northern Cape, which she described as being highly prospective. The Johannesburg-listed Anglo American group company has spent R1.5-billion on high potential targets in the last ten years to good effect. Kumba has, over the last eight years, been exploring in the Northern Cape, where it has identified anomalies and targets that have become a great focus for the company as potential sources for other new mining developments. (Also watch attached Creamer Media video.)
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