Implats forecasts profit decline

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IOL BR mining PIC001 REUTERS File image: Reuters

Impala Platinum (IMP) expects its headline earnings per share in the year ended June 2012 to be 645 cents‚ from 1‚105 cents in the same period a year ago‚ primarily due to lower sales volumes as a result of the strike at Impala Rustenburg.

Basic earnings per share are expected to be 695 cents‚ from 1‚105 cents previously.

The full year results are expected on August 23. - I-Net Bridge

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