Petmin is pleased to present its Integrated Report for the year ended 30 June 2014. 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).
 
Chairman's letter to shareholders

Welcome to the Petmin Integrated Report for the 2014 fiscal year.


Despite having to cope with one of the most challenging operating environments in a decade, Petmin has delivered another robust performance. Driven by a passionate focus on productivity improvement, that resulted in a material reduction of ex-mine-gate costs, we saw revenue in excess of R1 billion and anthracite production and sales exceeding one million tonnes for the...read more
  Vision and strategy

Petmin's vision

Petmin’s vision is to develop into a geographically diversified multi-commodity mining company that delivers sustained and superior returns to shareholders through capital growth and payment of dividends; and to make a positive impact on the communities in which it operates.

Petmin’s strategy is to grow through expansion of its cash-producing assets, and acquisition and development of high-potential...read more
 
Ian Cockerill

 

ABOUT THIS REPORT

Petmin is pleased to present its Integrated Report for the year ended 30 June 2014. 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 that generates cash from operations and pays a dividend to shareholders. It is geographically diversified with mining operations in South Africa, and a development project in Canada and North America.

  HIGHLIGHTS TO END-JUNE 2014

Headline earnings per share (HEPS) down 2% to 14.95 cents
(2013: 15.25 cents)