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IPMI and Industry News: Industry News Archive

Amplats 6-month Results to June 30, 2017

Monday, July 24, 2017  
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Anglo American Platinum: Further progress in creating a resilient and sustainable business

The actions taken to improve operational performance, along with the repositioning of the portfolio to create a resilient business for the current weak platinum group metals’ (PGM) pricing environment, have continued to deliver positive results during the period, with the Company strengthening its balance sheet by generating R4.3bn in underlying operating cash flow and reducing net debt to R5.9 billion from R7.3 billion at the end of 2016. - Anglo American Platinum 07/24/2017

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