Petmin has delivered another robust performance despite tough local and international conditions. Our Somkhele anthracite operation recovered from first-half challenges and our North American industrial project is making solid progress towards a Preliminary Economic Assessment.

Chairman's letter to shareholders
  Highlights to end-June 2013   Vision and strategy

 

ABOUT THIS REPORT

Petmin is pleased to present its Integrated Report for the year ended 30 June 2013. Petmin has incorporated its broader social, environmental and financial performance throughout this report, in accordance with the King Code of Governance Principles for South Africa 2009 (King III).

  BUSINESS OVERVIEW

Petmin is a high-growth multi-commodity mining company which generates cash from operations and pays a dividend to shareholders. It is geographically diversified with mining operations in South Africa, an industrial project in North America, and exploration projects in Liberia and Turkey.

  HIGHLIGHTS TO END-JUNE 2013

Earnings from continuing operations excluding impairments up 18% to 15.25 cents (2012: 12.98 cents)