Northam Platinum rated as A+, A1 investment in South Africa

📆 11-10-23 10:28:00
📰 MiningWeeklyAUS

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Credit rating agency GCR Ratings has reaffirmed platinum miner Northam Platinum's South African-scale long-term and short-term credit ratings at A+(za) and A1(za), respectively, with the outlook maintained as 'stable.' The affirmation of Northam's rating is supported by its strong liquidity profile, robust financial position and continued expansion of production. Liquidity has been strengthened to provide the group with sufficient financial resources to continue its development activities, the

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