Transnet says closed iron ore line to open Wednesday

JOHANNESBURG (Reuters) - Logistics group Transnet's iron ore rail line which was shut down last Friday after a train derailment will stay closed until Wednesday, a company spokesman said on Monday.

"The line still remains closed and the estimated time of opening is Wednesday," said Sandile Simelani, adding that the company would only start working out losses from the closure after an investigation into the incident.