Implats down after profits fall

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Impala Platinum1 INDEPENDENT MEDIA File photo: Supplied

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

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