Anglo American Platinum, the world’s second-largest source of the metal, said on Tuesday that it expected full-year profits to more than double on improved metal prices and mining performance.

Amplats, which is 80% owned by global diversified miner Anglo American, said a week earlier that due to electricity interruptions from state-owned power monopoly Eskom it was unable to mine R742m worth of platinum group metals (PGMs)...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.