South Africa's Kumba Iron Ore reports 40% jump in annual earnings

JOHANNESBURG (Reuters) - South African miner Kumba Iron Ore posted on Tuesday a jump of 40% in full-year profit, boosted by strong iron ore prices.

Headline earnings per share for the year ended December 2020 rose to 71.07 rand ($4.86), up from 50.88 rand a year earlier.

($1=14.6171 rand)

(Reporting by Tanisha Heiberg; Editing by Clarence Fernandez)