Sallies reports first half loss as fluorspar mines remain closed
04 March 2011
by Jack Elliott
South African fluorspar group expects post loss for full year, despite Witkop restart
Keywords: Sallies, Witkop, fluorspar, acidspar, fluorochemicals, hydrofluoric acid
Sallies Ltd expanded its loss by 23% in the first half of its fiscal year as both its South African fluorspar mines remained mothballed.The group reported a loss of R33.8m. ($5m.) for the six months to 31 December 2010, compared with R27.5m. ($4m.) in the same period of 2009.Sallies’ Buffalo mine remained closed...
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