STOCKS NEWS AFRICA-Kumba Iron Ore rises on production boost

jueves 24 de abril de 2014 04:30 GYT

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0816GMT 24April14 - Kumba Iron Ore rise as production climbs


Shares of Kumba Iron Ore rise almost 3 percent after the company says production rose by 10 percent in the first quarter, compared to same period last year.

The Anglo American subsidiary says higher production at two of its mines boosted performance, while domestic sales volumes soared by 60 percent.

Its shares gain 2.71 percent to 384.36 rand.

Reporting by Nomatter Ndebele; +27 775 3155