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Anglo American Platinum Ltd (AMSJ.J)

AMSJ.J on Johannesburg Stock Exchange

37,107.13ZAc
23 Jan 2018
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Tue, Jan 9 2018

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Exclusive - Amplats reaches deal with South African tribal leader in community fund row

JOHANNESBURG A South African tribal leader has agreed to a more transparent structure for a 175 million rand (£10.4 million) community trust funded by Anglo American Platinum (Amplats) , a move that aims to curb unrest around the firm's most profitable mine.

BRIEF-Universal Insurance - Property & Casualty Insurance expects gross losses from Hurricane Irma of $350-450 mln

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UPDATE 1-S.Africa's Amplats H1 profit falls 55 percent, unlikely to pay dividend in 2017

JOHANNESBURG, July 24 South African miner Anglo American Platinum (Amplats) reported on Monday a 55 percent drop in first-half profits on lower sales, a stronger rand and tax impairments and said it is unlikely to pay a dividend this year. Its shares fell more than 3 percent after the results announcement. Amplats, the world's largest producer of the precious metal and a unit of Anglo American, has not paid a dividend since 2011, and would need to ensure its cash generation is stable

South Africa's Amplats posts 55 percent drop in H1 profit

JOHANNESBURG, July 24 South Africa's Anglo American Platinum (Amplats) interim profits fell 55 percent on lower sales, a stronger rand and tax impairments, the company said on Monday. Amplats headline earnings per share (HEPS), the main profit measure in South Africa that strips out certain one-off items, fell to 285 cents for the six months ended 30 June from a restated 629 cents per share in the previous period.

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