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...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now