Mining News

Aveng sustains earnings recovery into second half

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Infrastructure and contract mining group Aveng reports that its earnings recovery – initially reflected in December interim results that showed positive earnings for the first time since 2014 – is continuing. In a trading update, the JSE-listed group reports that revenue and earnings before interest and tax improved in the second half of its financial year to June 30, while cash flow, which was negative for the period, was positive for the full year.

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