Palabora loses almost 10%

Comment on this story
IOL BR mining PIC001 REUTERS File image: Reuters

Shares of Palabora Mining, South Africa's only producer of refined copper, fall almost 10 percent after company reports a sharp fall in interim profit and says earnings for rest of the year will be depressed by soft commodity prices and operational glitches.

At 09:32 SA time, the company's shares were down 7.58 percent to 87.89 rand. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines