Northam cautions on outlook after lower interim earnings and output
February 28, 2011 by goldguru · Leave a Comment
JSE-listed Northam Platinum’s six months earnings fell by 65% as production declined by one third after operational difficulties at the Zondereinde mine.
Operational problems associated with mining the Merensky reef at its Zondereinde mine were also unlikely to abate in the short term.
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