African Rainbow Minerals expects FY23 earnings to decrease on lower commodity prices, production decline

- South African diversified mining company African Rainbow Minerals said today its headline earnings for FY23 are expected to decrease by between 18% and 27% compared to the corresponding financial year ended 30 June 2022 .

ARM added that basic earnings for FY23 are expected to decrease by between 33% and 42% to between R7,207 million and R8,325 million . "The adverse impact on earnings was partially mitigated by the weaker Rand versus US Dollar exchange rate," ARM said in a press release.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Harmony Gold expects over 100% increase in FY23 basic earningsA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »

Gold miner Northern Star reports record cash earnings in FY23, increases dividendA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »

Global mining group South32 earnings down in FY23 due to lower commodity prices and higher costsA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »

Australia wants EU investment in critical minerals, but first a free trade agreementBy Lewis Jackson and Kirsty Needham SYDNEY (Reuters) - Australia's Trade Minister Don Farrell has dangled easier access to the country's vast critical ...
La source: SaltWire Network - 🏆 45. / 63 Lire la suite »