Mining Weekly reported that South African Coal Mining Holdings had expected a bigger decline in headline earnings a share and earnings a share for the year ended December 31st 2008.

The junior coal miner expected a headline loss a share of 8c a share for the year, compared with headline earnings a share of 3c a share the year before.

In February, SACMH reported an expected headline loss a share of between 4c a share and 6,5c a share. Further, the company expected to report a loss a share of 23c a share, compared with earnings a share of 84c a share the year before. The company in February expected to make a loss a share of between 13c a share and 15,5c a share.

(Sourced from Miningweekly.com)