Royal Bafokeng Platinum plans to tackle costly debt by end of 2019
06 August 2019 - 11:23
Royal Bafokeng Platinum (RBPlat) will unveil a plan to reduce debt before the end of 2019 after posting an interim loss exacerbated by finance charges.
The plunge into a loss for the six months to end-June came despite record-high production and a strong growth in revenue as costs at its new Styldrift mine shot up and chunky depreciation charges and interest payments were recorded. ..
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