Mining News

Thungela reaps global coal demand rewards despite rail disruptions

JSE- and LSE-listed thermal coal miner Thungela Resources recorded a 601% year-on-year increase in revenue to R26.28-billion in 2021, pushing it to a profit of R6.94-billion, from a loss of R362-million in the prior year.

The miner posted headline earnings a share of R66.57 for 2021, compared with a headline loss a share of R5.31 in 2020.

Share this article