Otmane El Rhazi : Assore warns of lower FY earnings amid lower iron, manganese prices

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

JSE-listed mining holding company Assore expects its attributable earnings for the year to June 30 to decline to between R1.23-billion and R1.5-billion, from R4.01-billion in the prior financial year. Headline earnings were expected to fall to between R1.7-billion and R2.08-billion, from R4.23-billion in the 2014 financial year.