Edition:
India

Royal Bafokeng Platinum Says Uncertainties Over Trade Tariffs In China, U.S Markets May Cloud H2


Monday, 6 Aug 2018 

Aug 6 (Reuters) - Anglo American Platinum Ltd ::PROPOSED ACQUISITION OF AMPLATS 33% INTEREST IN BRPM JV FOR A CONSIDERATION OF R1 863 MLN.HY HLPS AMOUNTED TO 6.0 CENTS (60.8% IMPROVEMENT), COMPARED TO A HLPS OF 15.3 CENTS FOR PREVIOUS CORRESPONDING PERIOD.NET REVENUE IMPROVED BY 4.1% FROM R1 593.9 MLN IN FIRST HALF OF 2017 TO R1 659.6 MLN FOR FIRST HALF OF 2018..UNCERTAINTIES OVER TRADE TARIFFS IN CHINA AND U.S MARKETS MAY CLOUD SECOND HALF OF 2018.TOTAL CAPITAL EXPENDITURE FOR YEAR IS ESTIMATED TO BE BETWEEN R2.9 BLN AND R3.1 BLN.PRODUCTION GUIDANCE FOR FULL YEAR IS UNCHANGED AT 3.35MT TO 3.50MT.4E OUNCE PRODUCTION IS EXPECTED TO BE BETWEEN 370KOZ AND 387KOZ FOR YEAR.VENIZELOS ALFEU, AN EMPLOYEE AT BRPM SOUTH SHAFT, WAS FATALLY INJURED DURING A SCRAPER WINCH ACCIDENT ON 24 JULY 2018. 

Company Quote

4202.0
-28.0 -0.66%
18 Oct 2019