Impala Platinum boosts dividend as profits surge

The miner reported headline earnings of 9.3 billion rand for the half year ending December. Higher metal prices supported a dividend of 4.10 rand per share.

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IMPALA PLATINUM HOLDINGS LTD reported a significant financial turnaround for the first half of the fiscal year, announcing a five-fold increase in profits. The Johannesburg-based miner, operating primarily in South Africa, saw its headline earnings surge to 9.3 billion rand ($567.36 million) for the six months ending December 31, compared to 1.9 billion rand in the previous period.

A view of the industrial infrastructure at Shaft 11 of the Impala Platinum Mine located in Rustenburg, South Africa, captured on November 28, 2023. REUTERS/Sumaya Hisham
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