South Africa's Anglo American Platinum's operational challenges, which pushed its first half profit 71% lower, have been resolved and performance will improve in the remainder of the year, CEO Natascha Viljoen said on Monday.
A worker attends to machinery at a smelter plant at Anglo American Platinum's Unki mine in Shurugwi, Zimbabwe, May 16, 2019. REUTERS/Philimon Bulawayo/File PhotoOperational problems at two biggest mines hurt outputoperational challenges, which pushed its first half profit 71% lower, have been resolved and performance will improve in the remainder of the year, CEO Natascha Viljoen said on Monday.
The world's top PGM company by value said its realised basket price per PGM ounce of $1,885 was 29% lower compared to the same period last year, worsening the impact of production challenges.
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