News Formal

South Africa's Amplats reports 43% drop in half-year profit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

South Africa’s Anglo American Platinum (Amplats) on Monday reported a 43% fall in half-year profit due to weaker Platinum Group Metal (PGM) prices and lower volumes compared with record sales a year ago.

Image: REUTERSSouth Africa’s Anglo American Platinum on Monday reported a 43% fall in half-year profit due to weaker platinum group metal prices and lower volumes compared with record sales a year ago.

Amplats Chief Executive Officer Natascha Viljoen said inflationary pressures and tightening monetary policy would continue to have an impact on the mining industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa: 14th U.S.-Africa Business Summit Wraps UpThe 14th US-Africa Business Summit wrapped up on Friday in Marrakech, after three days of constructive exchange and debate around the theme "Building the future together".
Source: allafrica - 🏆 1. / 99 Read more »

Africa: U.S.-Africa Business Summit 2022 - a Successful Event (Ministry)The 14th US-Africa Business Summit 2022, which took place from July 19 to 22 in Marrakech, was a success, according to the Ministry of Industry and Trade.
Source: allafrica - 🏆 1. / 99 Read more »