a pat for petmin

JSE-listed industrial minerals mining Petmin boosted profit by 145percent on the strength of increasing coal demand.

JSE-listed industrial minerals mining Petmin boosted profit by 145percent on the strength of increasing coal demand.

The company's revenue jumped by 92percent to R306million for the six months to the end of December last year.

Chief executive Jan du Preez said: "This was the result of improved performance from the anthracite division following the ramp-up in production and sales at the Somkhele Colliery (which was commissioned last June ) and Springlake Colliery." - Zweli Mokgata

X