Northam reports half-year loss, passes dividend

February 25, 2016

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Platinum-mining company Northam on Friday reported a half-year loss and again resolved not to declare an interim dividend owing to continuing difficult conditions in the mining industry and the cash requirements for the development of it assets. The loss of R273-million in the six months to December 31 was made on a 5.4 % higher R3.2-billion revenue.

Category: General