Platmin Limited – Metal Sales at Record High in Second Quarter

Platmin Limited reports production results from the Pilanesberg Platinum Mine and financial results for the quarter and half-year ended June 30.

The press release is quoted as saying,

The increases in sales revenues were due to higher metal sales and an increase in PGM basket prices in US dollar terms over the period. However, the benefit of the improved US dollar PGM basket price was somewhat offset by the strength of the Rand, resulting in marginal decreases of the Rand PGM basket prices received compared with the prior corresponding periods.

For the complete press release, click here.