A geologist reviews drill cores on site at the new Kolomela Mine near Postmasburg.
This section is in essence a summary of Kumba’s mineral resource and ore reserve status, in terms of quantity and quality, as at 31 December 2011. It has been derived from a comprehensive ore reserve and mineral resource statement that Kumba Iron Ore Limited prepares annually.
The company statement, in turn, is a consolidation of the detailed estimations and subsequent competent person reporting conducted by each relevant Kumba site for 2011, with all the relevant reporting done by in-house professional geologists and mining engineers. The various mining operation and project competent person reports have been compiled to comply with the 2007 SAMREC Code.
