Anglo American Platinum Ltd (AMSJ.J)
23 Jan 2018
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.
JOHANNESBURG Embattled London and Johannesburg-listed platinum producer Lonmin will unveil new health and road projects in South Africa on Monday in a ceremony that will be overshadowed by its latest share price collapse.
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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
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.