Emerging South African copper miner highlights loss-narrowing performance | Metals Mine

  • Emerging South African copper miner highlights loss-narrowing performance

    From miningweekly.com

    Emerging South African mining company Copper 360, which operates in the Northern Cape’s Okiep copper district, on Tuesday, May 26 alerted its shareholders to its loss-narrowing financial performance in the 12 months to February 28. The reduction in the basic loss per share is expected to be 36% to 43%, the Johannesburg Stock Exchange AltX-listed Copper 360 reported, ahead of the publication of its consolidated annual results.The improvement in its financial performance, Copper 360 reported, was largely the result of the prior year’s inclusion of a non-recurring R113-million solvent extraction plant impairment. ... (full story)

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