RBPlat ups production but flags rising costs
Costs per ounce of the basket of the four main metals the group produces increased 13.2% on the back of labour and utilities costs
25 April 2022 - 15:00
Royal Bafokeng Platinum (RBPlat) increased its ore gathering by more than a tenth in the three months to end-March, but has also flagged double digit cost increases, notably in labour and energy.
RBPlat increased the amount of ore it removed from the ground by 11.4% to 1.11-million tonnes in the three months to end-March, it said in an update, while reporting an 8.7% increase in ore milled, part of the processing of platinum group metals (PGMs)...
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