Bulk land sale boosts AECI’s earnings to 6%

Bulk land sale boosts AECI’s earnings to 6%

Explosives and specialty chemicals company AECI’s headline earnings per share (HEPS) rose 6% to 894c for the year ended December 31, mostly owing to benefits gained from the company’s bulk property sale in Somerset West in June 2015, which contributed 230c to HEPS. Speaking at the company’s results presentation on Tuesday, CEO Mark Dytor highlighted […]

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Castrol supplies lubricants for record-chasing Bloodhound SSC

Global industrial and automotive lubricants brand Castrol will be on the forefront of innovation when the Bloodhound Supersonic Car (SSC) attempts to break the land speed record by reaching 1 609 km/h this year. The British Pangbourne- based oil company, which announced its participation in the project in 2014, will supply all the lubricants for […]

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Exxaro expects steady H1 output, cuts FY capex

JOHANNESBURG (miningweekly.com) – JSE-listed Exxaro has maintained steady overall coal production during the first half of 2015; however, the diversified miner’s exposure to State-owned power utility Eskom, both as a supplier of steam coal and as an electricity consumer, has emerged as a material risk. In a first-half preclosing statement, the company said the ramp-up […]

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