Patrice Motsepe Executive Chairman of African Rainbow Minerals. Picture: FREDDY MAVUNDA
The diversified miner was also not able to take full advantage of record high international coal prices because of the bottlenecks that bedevilled state-owned Transnet Freight Rail. As a result, headline earnings fell 27% to R3.7bn in the six months to end-December, as iron ore prices fell 7% to $116 a tonne on average from $125 and the rand strengthened 8% against the dollar.
However, the manganese division shot the lights out with a 308% increase in headline earnings, driven by higher average manganese ore and manganese alloy prices.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
CoruscaKhaya Please tell him Chelsea FC is up for sale.
Ask the EFF to return your donation.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3 South African Cybersecurity Companies You Should Probably Know About - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsCybersecurity involves the application of technologies, processes and controls to protect systems, networks, programmes, and data from cyber-attacks. Many establishments across the world, including, schools, banks, and hospitals rely heavily on cybersecurity services to protect their data and be safe from cyber-attacks. Everyone who has a computer or access to the internet must at some […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
Africa marks Africa School Feeding Day - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The day is set aside to emphasise the need for school feeding schemes as a way to increase enrollments and improve retention and performance. AfricaSchoolFeedingDay Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Charlesmike109 and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Charlesmike109
Source: SABCNews - 🏆 37. / 51 Read more »
Ukrainian Association of South Africa calls on the government to stop economic cooperation with Russia - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Members of the Ukrainian community in Cape Town have demonstrated outside Parliament, to bring attention to their cause. RussiaUkraineConflict As friends of Russia, will not allow such nonsense. There foreigners must go home and fight for their battles. They even taking our jobs Foreigners must not be allowed to protest here, where is PutSouthAficansFirst Ugena phi uGovernment wethu
Source: SABCNews - 🏆 37. / 51 Read more »
Russia-Ukraine | South Africa abstains from UN vote against Russia - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa abstained from voting during an emergency session of the United Nations (UN) General Assembly which overwhelmingly voted to adopt a resolution demanding Russia’s immediate and unconditional withdrawal from Ukraine. Disgusting VoetsekANC they will do anything for there overlords to fill there pockets and selling of 1’s soul is on top of the menu!!! South Africa voted indirectly for war on Ukraine to continue by abstaining from voting for UNGA resolution We want everlasting peace not war.
Source: SABCNews - 🏆 37. / 51 Read more »