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AUSTRALIA'S CONSOLIDATED MINERALS POSTS US$5 MLN ANNUAL LOSS.
PERTH, Sept 1 Asia Pulse - Diversified miner Consolidated Minerals Ltd (ASX:CSM) has posted a $A6.55 million ($US4.99 million) annual loss after prices fell for its key commodities.
The net loss follows a $65.22 million profit in 2004/05.
"This is a disappointing result given that production volumes were increased in all three operating divisions and cost pressures were largely contained," the company said.
Production of manganese was up 46 per cent for the year to 888,432 tonnes, while chromite production increased by five per cent to 252,867 tonnes.
But oversupply of manganese pushed the prices down, said Consolidated.
"This decoupling of the manganese spot price from both the iron ore and manganese benchmark prices saw the average sale price received in 2006 down ...
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...March 7 Asia Pulse - Consolidated Minerals (ASX:CSM) wants...and manganese mining. Consolidated Minerals managing director Rod...launched a takeover for Consolidated Minerals, valuing the diversified...
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...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) climbed 8c (3...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) tumbled 11c (5...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) lost 8c (4.0...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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- Magazine article from: Ozequities News Bites November 17, 2006 700+ words
...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) jumped 8.5c (4...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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- Magazine article from: Ozequities News Bites November 13, 2006 700+ words
...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) was down 5c (2...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) added 4c (1.9...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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- Magazine article from: Ozequities News Bites November 2, 2006 700+ words
...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) shed 6c (2.6...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) jumped 7.5c (4...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
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- Magazine article from: Sector Report September 29, 2006 700+ words
...COMPANY NEWS BITES STOCK REPORT Consolidated Minerals (ASX: CSM) was down 3.5c...assets were 0.38. ACTIVITIES Consolidated Minerals is involved in the exploration...hold 51% of the shares. SECTORS Consolidated Minerals is in the following sectors: All...
Source: HighBeam Research, AUSTRALIA'S CONSOLIDATED MINERALS POSTS US$5 MLN ANNUAL LOSS.