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    market news

    Northam Platinum Reports 30.1 Percent Fall in H1 Headline Earnings

    Investing News Network
    Feb. 23, 2013 03:05PM PST
    Precious Metals Investing

    Reuters reported that Northam Platinum, one of the smaller platinum producers in South Africa, reported a 30.1% drop in earnings because of high finance and tax charges.

    Reuters reported that Northam Platinum, one of the smaller platinum producers in South Africa, reported a 30.1% drop in earnings because of high finance and tax charges.

    As quoted in the market news:

    Headline earnings per share for the six months to end December were almost a third lower at 36.3 cents from 51.9 cents in the first half of its previous year.

    Click here to read the full Reuters report.

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