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Palabora expects FY earnings leap

Palabora expects FY earnings leap

Photo by reuters

27th February 2014

By: Natalie Greve

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – JSE-listed Palabora Mining expects basic earnings a share for the year ended December 31 to increase to R21.35 from a loss of R2.01 in the prior fiscal year.

Similarly, headline earnings a share of R21.37 were expected, following a loss of R1.70 a share for the prior year.

The company expected to release its results on March 3.

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Edited by Tracy Klückow
Creamer Media Contributing Editor

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