[miningmx.com] – DIAMOND miner, Trans Hex, said it expected to post full-year share earnings of between 80.8 cents to 82.8 cents – an increase of up to 745% – owing to an improvement in its operating units and the disposal of an investment.
The results, to be reported on June 2, would also be influenced by impairments of its Lower Orange River assets and the group’s 40% interest in West Coast Resources which includes negative goodwill following the purchase of Namaqualand Mines.
The company made no reference to the likelihood of paying a dividend. It announced payment of a special dividend of 50 cents/share in November following the conclusion of the Namaqualand Mines acquisition from De Beers.
