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SACMH to narrows its losses

25th March 2013

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – JSE-listed South African Coal Mining Holdings expects to narrow its earnings losses for the year ended December 2012.

The group said it would report basic and headline losses a share of between 10.36c and 12.66c a share for the period under review.

This was compared with the basic loss a share of 21.78c and headline loss a share of 20.66c recorded the year before.

The group expected to release its financial results for the 2012 year on March 28.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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