Eastplats reports jump in first-quarter earnings
The group said earlier in 2020 it had successfully produced platinum group metal concentrate at its Crocodile River Mine
04 June 2020 - 10:20
Toronto- and Johannesburg-listed Eastern Platinum (Eastplats) said on Thursday revenue in its first quarter to end-March more than doubled, as it continues to ramp up production at its Crocodile River Mine.
The group said in a trading update that revenue increased 163% to $14.2m (R241m) in its first quarter, though it has taken a hit from a weaker rand, which resulted in an $8.7m change in foreign exchange losses...
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