Petmin is pleased to present its Integrated Report for the year ended 30 June 2015. 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).

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.

  Chairman's letter to shareholders

Welcome to the Petmin Integrated Report for the 2015 fiscal year

Petmin recorded a strong performance for the year ended 30 June 2015, in a period where the global resources sector remained under pressure. The continued focus by management on cost control, efficiencies and productivity improvements saw headline earnings grow 62% to 24.28 cents per share (2014: 14.95 cents) for the year to end-June 2015. At the same time, we are proud to have maintained our exemplary safety record at the Somkhele anthracite mine in more
Ian Cockerill
Ian Cockerill, chairman

This integrated report covers the activities of Petmin and all of the operating subsidiaries over which it has financial and management control for the financial reporting period 1 July 2014 to 30 June 2015. The report should be read together with Petmin’s audited financial statements.

The annual financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS). Financial information in this integrated report has been extracted from the audited financial statements.

  Petmin at 10 years

Detailed view