Anglo American Platinum Ltd (AMSJ.J)
22 Mar 2018
LONDON Zimbabwe must offer foreign miners a consistent legal framework, the right to keep a controlling stake in operations and a greater share of profits to encourage investment, the head of Anglo American Platinum said.
JOHANNESBURG Anglo American Platinum (Amplats) , the world's top platinum producer, announced its first dividend in seven years on Monday as full-year headline earnings more than doubled and said it was not committing capital to major projects in 2018.
* Share price rises over 3 percent (Updates with CEO interview, comments)
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.
* Company has fallen short in the past on its social obligations
BRIEF-Universal Insurance - Property & Casualty Insurance expects gross losses from Hurricane Irma of $350-450 mln
* Universal Insurance Holdings, Inc. announces impact from recent hurricanes