RBPlat lauded for results and maiden dividend
The community-owned miner was able to pay all its capital expenditure out of cash flow during 2020
09 March 2021 - 09:50
Royal Bafokeng Platinum (RBPlat) has declared an annual maiden dividend due to record results, despite losing more than a month of production to the Covid-19 pandemic.
CEO Steve Phiri, who has been with the company since its listing in 2010, told Business Day that in 2022 he will begin talks with the board about finding his replacement, marking the end of his involvement with a junior mining company that has grown and taken control of its destiny in the past decade, as well as starting a new, state-of-the-art mine at Styldrift...
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