Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
JSE-listed mining holding company Assore’s headline earnings for the six months ended December 31, had declined by 59.2% to R990-million, mainly owing to the lower headline earnings recorded by its 50%-owned iron-ore and ferroalloy subsidiary Assmang. The subsidiary’s headline earnings fell by 60.5% to R1.7-billion in the six months under review.
JSE-listed mining holding company Assore’s headline earnings for the six months ended December 31, had declined by 59.2% to R990-million, mainly owing to the lower headline earnings recorded by its 50%-owned iron-ore and ferroalloy subsidiary Assmang. The subsidiary’s headline earnings fell by 60.5% to R1.7-billion in the six months under review.
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