[miningmx.com] – JOHANNESBURG-listed diamond producer, Trans Hex, is to pay a special dividend of 50 cents/share following the conclusion of a long-standing deal to buy Namaqualand Mines from De Beers.
“Notice is hereby given of a once-off special cash dividend of 50 cents per share,” the company said in its interim results announcement. “The dividend has been declared by the Board following the successful conclusion of the acquisition of Namaqualand Mines,” it said.
Net interim profit would be R35.8m compared to a loss of R53.9m in the interim period of its 2013 financial year. Headline share earnings would come in at 34 cents compared to a loss previously of 51c/share.
