Higher metal prices fire up Anglo American Platinum profit
Headline earnings for the half year will be at least 80% better
Anglo American Platinum says earnings in the six months to end-June will leap by at least 80% thanks to higher platinum-group metals (PGM) prices in rand terms.
In dollar terms, platinum prices have edged up 2.4% in the year to date, according to Iress data. That compares to an 11.5% gain in the gold price...