Striking workers have become a familiar sight in the mining sector. (Pic: Felix Dlangamandla)
Johannesburg - Platinum miner Impala Platinum Holdings
[JSE:IMP] said on Monday first-half profit likely plunged by as much as 79%,
hit by rising costs and lower output.
The world second-largest miner of the white metal also said
the results were weighed by a R603m writedown on payments it is owed.
Implats said headline earnings per share would be between
120 and 138 cents, or 76% and 79% lower in the six months to end-December.
By 08:48 GMT, shares in the company fell 3.4% at R159.55,
lagging behind a flat JSE Top 40 - (Tradeable) [JSE:J200] index
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