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AUSTRALIA'S STRAITS RESOURCES DELIVERS LOSSES FOR HALF YEAR.
MELBOURNE, Sept 1 Asia Pulse - Straits Resources Ltd (ASX:SRL) says the outlook for the financial year is positive after diversified miner delivered a loss for the half year.
The copper and gold miner posted a loss of $A6 million ($US5.13 million) during the six months to June 30, due to exploration write-downs, the close out of copper hedges and significant transaction costs.
Straits, which recently changed its reporting period from the calendar year to a traditional financial year, said the next few months would focus on the de-merger of the group to create a coal vehicle and a diversified metals company.
The company has unveiled a plan to dual-list its 47 per cent subsidiary Straits Asia Resources Ltd on the Australian stock exchange and distribute its interest to shareholders.
Straits Asia holds is listed on the ...
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PERTH, July 19 Asia Pulse - Straits Resources Ltd's (ASX:SRL) half year sales revenue rose by 17 per cent on the same period last year, on stronger copper and coal production has driven. Straits...
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- News wire article from: AsiaPulse News August 1, 2000 700+ words
...higher production have helped Straits Resources Ltd (ASX:SRL) post a 9...increase in revenue for the half year ending June 30, 2000 of...of 15,348 tonnes for the half year, up 9.12 percent, despite...to 740,000 tonnes for the half year and 407,000 tonnes for the...
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...SYDNEY, Sept 10 Asia Pulse - Straits Resources Ltd (ASX:SRL) said today...the directors report said. Straits Resources said there was little or no...quarter enabled production for the half year to reach 11,504 tonnes, a...
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- News wire article from: AsiaPulse News March 14, 2001 700+ words
PERTH, March 14 Asia Pulse - Straits Resources Ltd (ASX:SRL) today reported...half years, with the June 2000 half-year loss of $A3.0 million ($US1.5 million) and December 2000 half-year loss of $A0.9 million ($US451...
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...coal producer and copper developer Straits Resources Ltd has booked a $A10 million ($US7...strong financial performance for the half year was above expectations," Mr Jerkovich...in cash resources at the end of the half year. The stock was trading one cent higher...
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MELBOURNE, July 19 Asia Pulse - Diversified miner Straits Resources Ltd (ASX:SRL) has boosted coal production and sales...tonnes in the March quarter. Coal production for the half year to June 2005 was 1.349 million tonnes compared to...
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...17 Asia Pulse - Resources company Straits Resources Ltd (ASX:SRL) plans to streamline...future growth and outlook for both Straits Resources and Straits Asia." Perth-based Straits Resources operates the Whim Creek copper operation...