Northam expects to report record operating profit for the second half of 2019 of between R2.9bn and R3.1bn, tripling from R1bn reported in the first half of 2019.

In a trading statement released on Monday, the platinum producer said the record profits for the six months to end-December 2019 were underpinned by a solid operating performance at all its operations and a higher platinum group metal (PMG) basket price received...

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