RBPlat swings to profit as PGM prices surge
The community-owned PGM miner lost 45 days of production due to the Covid-19 lockdown
30 July 2020 - 13:40
Royal Bafokeng Platinum (RBPlat) will record a strong interim financial rebound despite a hefty blow to its production in the first half of the year as SA’s economy was shut down at the end of March.
RBPlat, which is 40% owned by a North West province community investment holding company, Royal Bafokeng Holdings, said its production of platinum, palladium, rhodium and gold at its two mining operations fell by 13% in the six months to end-June compared to 2019...
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