Northam declares first dividend in a decade after sale of RBPlats stake

28 August 2023 Curated In the News Archive Comments Off on Northam declares first dividend in a decade after sale of RBPlats stake

The original article can be found here.

Article highlights:

  • Northam Platinum has declared its first dividend in over a decade of R2.4 billion or R6 per share, resulting from the disposal of its stake in Royal Bafokeng Platinum.
  • The platinum group metals (PGM) miner, valued at about R87 billion on the JSE, reported a 3.8% rise in operating profit to R15.4 billion.
  • A strong operational performance from its mines offset weaker metal prices.

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