JOHANNESBURG (miningweekly.com) – JSE-listed Pallinghurst Resources on Friday said it expected to post a 250% rise in earnings for the year ended December 2014.
The group’s earnings and headline earnings a share for the year under review would reach $0.07, compared with the $0.02 recorded in 2013, owing to valuation increases in the company’s investments in Gemfields and Jupiter Mines.
Pallinghurst would publish its financial results for the year to December 2014 on March 23.