Kumba reports earnings surge on higher iron ore prices
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Kumba Iron Ore has benefitted from favourable market conditions during the first half of the year - a 57% rise in iron ore prices and a weaker rand has seen the company's earnings more than triple during the period while the interim dividend has more than doubled. Business Day TV caught up with the company's CEO, Themba Mkhwanazi to talk about the numbers in greater detail and whether they're in a position to further capitalise on the current climate.