Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
South African mining house Exxaro said on Friday its full-year earnings would fall to a loss mainly due to a R5.8-billion ($500-million) impairment on its iron ore project in the Congo Republic. The company said in a statement attributable losses for the year to end-December are expected to be between R830-million and R998-million.
South African mining house Exxaro said on Friday its full-year earnings would fall to a loss mainly due to a R5.8-billion ($500-million) impairment on its iron ore project in the Congo Republic. The company said in a statement attributable losses for the year to end-December are expected to be between R830-million and R998-million.
No comments:
Post a Comment