Implats down after profits fall

File photo: Supplied

File photo: Supplied

Published Aug 28, 2014

Share

Johannesburg - Shares of world number two platinum producer Impala Platinum fall after the group posts a 74 percent drop in full-year earnings because of a five-month strike at its key South African operations and warns costs in the year ahead “will not be pretty.”

Implats' shares slide 3.1 percent to 99.24 rand, making it the biggest decliner on the Top-40 Index, which is 0.5 percent lower. - Reuters

Related Topics: