Pallinghurst is reasonably certain that its net profit after tax will be US$45 million for the year ended 31 December 2016 compared to a net loss after tax of US$149 million for the year ended 31 December 2015, an increase of 130%. In ZAR terms net profit after tax will be ZAR656 million (ZAR1.9 billion net loss after tax for the comparative period), an increase of 135%.
Presentation for the Gemfields Site visit by Analysts in March and April 2017
MONTEPUEZ, MOZAMBIQUE – Montepuez Ruby Mining (MRM) has rolled out a mobile health clinic facility in collaboration with the District Health Office in Montepuez to help increase the community’s access to basic health services.
Women farmers in Namanhumbir have a new source of income to support their families, thanks to a chicken farm set up with support from Montepuez Ruby Mining (MRM).