CAPITAL MARKETS

Tormin generates Mineral Commodities profit

MINERAL Commodities has attributed the maiden profit achieved throughout the 2014 calendar year to the successful ramp-up of operations at its Tormin mineral sands mine in South Africa.

Jack McGinn
Tormin generates Mineral Commodities profit

The company’s group profit before tax over the year was $US4 million ($A5.2 million), and $8.4 million accounting for income tax benefit. Earnings before interest, tax, depreciation and amortisation...

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