Mining News

Exxaro ups interim dividend on higher half-year income inflows

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Diversified coal, energy and ferrous resources group Exxaro on Thursday announced a substantially higher interim dividend on iron-ore boosted half-year income inflows in the six months to June 30. Headline earnings leapt 105% to R6 804-million on the 180% increase to R4 062-million in equity-accounted income from Sishen Iron Ore Company, which benefited from high iron-ore export prices and price premia.

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