CAPITAL MARKETS

ConsMin enjoys big profit result

WESTERN Australian manganese and chromite producer Consolidated Minerals has announced a strong increase in first half net profit (after tax) to $41 million, bolstered by a $19 million after tax profit on the sale of its stake in iron ore producer Portman.

Brad Ricks

ConsMin enjoys big profit result

Excluding the profit on the sale of the Portman stake, underlying first-half earnings increased by 203% with a record operating profit after tax of $22 million. Sales revenue for the first half rose...

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