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Wesizwe to report higher earnings for FY16

Platinum miner Wesizwe Platinum, which is developing the Bakubung mine, near Rustenburg, expects to post improved results for the financial year to December 31, with basic earnings a share forecast to increase by 144% to 164%, to 15.17c and 22.01c. This is compared with basic loss a share of 34.20c reported in the prior comparable period.