Precious metals group Anglo American Platinum (Amplats) has warned that its profit could more than halve as a result of lower platinum group metals (PGM) sales volumes.

The company, valued at R328.5bn on the JSE, said on Monday in a trading statement for the 12 months to end-December, that it expected headline earnings would drop 33%-52% year on year to R38bn-R53bn...

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