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Petmin (JNB:PET) |
Mining Weekly
Mar 4
Comment
Production losses brought on by excessive rain and an unprotected strike at JSE- and Aim-listed Petmin’s Somkhele metallurgical anthracite mine, in KwaZulu-Natal, resulted in the company recording a 36% year-on-year fall in after-tax profit to...
Mining Weekly
Feb 15
Comment
Johannesburg- and London-listed junior miner Petmin on Friday said it expected its earnings per share (EPS) from continuing operations to fall by about 16% for the six months ending December. EPS were estimated to be 5.20c, down on the 8.15c...
Mining Weekly
Oct 24
Comment
JSE- and Aim-listed Petmin has entered into a five-year take-or-pay sale agreement for 300 000 t/y of production from the third wash plant under development at its Somkhele anthracite mine, in KwaZulu-Natal.
The company did not disclose with whom...
Mining Weekly
Oct 8
Comment
The 350 contractor employees who were striking at Petmin’s Somkhele mine, in KwaZulu-Natal, have returned to work, the JSE- and Aim-listed company reported on Monday.
“Operations are returning to normal at our anthracite mine,” it said in a...
Mining Weekly
Sep 28
Comment
About 345 contracted workers on Friday embarked on an unprotected strike at JSE- and Aim-listed Petmin’s Somkhele mine, in KwaZulu-Natal.
The illegally striking contractors ignored an ultimatum by their employer, Sandton Plant Hire (SPH), to...
Mining Weekly
Sep 19
Comment
JSE- and Aim-listed Petmin is expecting improved production and sales volumes from its flagship Somkhele operation in the 2013 financial year, but said the anthracite mine would operate below capacity as a result of depressed market...
Reuters
Sep 19
Comment
Petmin Ltd : * Says headline earnings per share up 9% to 19.06 cents * Says dividend up 25% to 5 cents per share * Says to sell around 900,000 t of anthracite in next 12 months, 300,000 t less
Mining Weekly
Aug 16
Comment
JSE- and Aim-listed Petmin has increased its stake in the North Atlantic Iron Corporation (NAIC) from 17% to 22.5%, based on the project's technical and economic viability.
Petmin has invested $4.5-million to add an additional 5.5% to its holding...
Mining Weekly
Jul 17
Comment
Johannesburg- and London-listed junior miner Petmin has been granted a 20-year mining licence for an expansion to new mining areas at its flagship Somkhele anthracite operation in northern KwaZulu-Natal.
CEO Jan Du Preez said that Petmin would...
Mining Weekly
Jun 29
Comment
The Competition Tribunal on Friday approved Petmin’s R259-million sale of the SamQuarz silica mine, near Delmas, in Mpumalanga, to Thaba Chueu Mining.
In January, the Commission said it would not authorise the sale of SamQuarz owing to its...
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