H1 2014

Wescoal leaps into second-half after H1 boom

Wescoal Holdings, the junior coal miner and supplier has turned in a sparkling performance announcing an increase of 92.8% in revenue in H1 2014. The company announced on Tuesday that headline earnings per share (HEPS) is up by 33.3% and...

Glencore posts solid copper growth

Diversified global miner Glencore posted a 13% increase in first-half copper output, with the growth in the company’s African and South American mines fuelling H1 2014 production. African copper production was 212 300 tonnes, 24% ahead of the...

Sibanye’s earnings doubled in H1 2014

Sibanye Gold’s first-half earnings more than doubled, boosted by good performance from its newly-incorporated Cooke mine operations. The company announced on Thursday that its diluted headline earnings per share (HEPS) for the six months to...

Buoyant H1 2014 results for African Barrick Gold

African Barrick Gold has achieved improved gold output as the miner’s Q2 2014 results surpassed most analysts’ expectations for the period. The company had a gold output of 178 000oz at all in sustaining costs (AISC) of $1 105 oz, which is a...

RBplat announces better than expected H1 results

RBPlat advises that it anticipates a higher expected earnings per shares (EPS) and headline earnings per share (HEPS) for H1 2014. The expected increase in EPS, HEPS and normalised EPS is primarily owing to higher realised revenue basket prices and...

Mining royalties exceed expectations – Zimbabwe

Zimbabwean mining royalties for the first six months to June exceeded target by 45% to $112,6 million reports the country’s revenue authority. Zimbabwe Revenue Authority (Zimra) commissioner-general Gershem Pasi said miners paid off outstanding...