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Last 124.00
Change Today -4.00 / -3.12%
Volume 910.4K
PET On Other Exchanges
As of 12:30 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

petmin ltd (PET) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/2/14 - $208.00
52 Week Low
08/24/15 - $110.00
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for PETMIN LTD (PET)

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petmin ltd (PET) Details

Petmin Limited, a multi-commodity mining company, produces metallurgical anthracite in South Africa. The company operates through Anthracite and Expansion projects segments. It holds interests in the Somkhele anthracite mine located in northwest of Richards Bay, KwaZulu-Natal; the North Atlantic Iron Corporation project, an iron sands to pig iron project in Labrador, Canada; and the Veremo pig iron project located near Stofberg in Mpumalanga Province, South Africa. It also exports its products. Petmin Limited was incorporated in 1972 and is based in Johannesburg, the Republic of South Africa.

272 Employees
Last Reported Date: 12/11/14
Founded in 1972

petmin ltd (PET) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: R4.5M
Chief Financial Officer, Finance Director, Ex...
Total Annual Compensation: R4.0M
Chief Operating Officer, Business Development...
Total Annual Compensation: R5.0M
Deputy Chairperson, Member of Nominations Com...
Total Annual Compensation: R1.8M
Compensation as of Fiscal Year 2014.

petmin ltd (PET) Key Developments

Petmin Limited, Tendele Coal Mining (pty) Ltd - M&A Call

Petmin Limited, Tendele Coal Mining (pty) Ltd - M&A Call

Petmin Limited, Annual General Meeting, May 22, 2015

Petmin Limited, Annual General Meeting, May 22, 2015., at 10:00 South Africa Standard Time. Location: First Floor,37 Peter Place. Agenda: To consider the presentation of audited annual financial statements for the year ended June 30, 2014; to consider retirement and re-election of directors; to consider appointment of KPMG Inc. as auditors of the company; to approve the remuneration philosophy; to consider approval of the amendments to the existing cash based Petmin Limited Executive Remuneration Scheme; to consider appointment of the members of the Audit and Risk Committee; to authorise general share issues for cash; to grant general authority to repurchase shares in the company; to consider general financial assistance provided to related or inter-related companies; and to consider remuneration of non-executive Directors.

Petmin Limited Reports Operational Results for the Nine Months Ended March 31, 2015

Petmin Limited reported operational results for the nine months ended March 31, 2015. The somkhele team further reduced production cost per tonne by 9% from ZAR 694 to ZAR 634 per tonne. Production of metallurgical anthracite for the period increased by 23% to 1,015,270 tonnes compared to 827,983 tonnes in 2014. Sales volumes for the nine month period increased by 35% to 946,013 tonnes. Energy production increased by 58% to 270,801 tonnes for the period compared to 171,100 tonnes in 2014. Demand for the product has been strong, with 274,786 tonnes sold in the nine month period compared to 52,809 tonnes in 2014. While sales volumes have improved in 2015, average export prices for the nine months ended March 30, 2015 were some 8% lower than in2014 and average inland prices reduced by 1%. Orders have been received for 1.1 million tonnes of an estimated 1.2 million tonnes of anthracite production for the year ending June 30, 2015 and orders have been received for all of the estimated 46,000 tonnes of energy coal production for the year ending June 30, 2015.


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