Amplats strengthens balance sheet, continues to manage for low prices

July 24, 2017

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Platinum mining company Anglo American Platinum (Amplats) reported on Monday that it has been able to further strengthen its balance sheet in the six months to June 30, despite the weaker rand basket prices in the period. In generating R4.3-billion in underlying operating cash flow, Amplats was able to cut net debt to R5.9-billion from R7.3-billion at the end of 2016.  

Category: General