Impala Platinum forecasts first half earnings decline.

Impala Platinum, the world's second-largest platinum miner, expects its first half earnings for the fiscal year to decrease by 75% to 82% due to factors such as foreign-exchange pressures, property and equipment impairments, and consolidation costs. Impala Platinum's fiscal second-half profit likely fell by over 85%, while Anglo American Platinum's 2023 profit sank by up to 79% due to lower prices for the metals they mine.

February 08, 2024
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