Northam, the platinum group metals producer, reported HEPS up 699.4% to 3,044.2c, exactly in line with the guidance midpoint. Sales revenue increased 64.1% to R54 bn, driven by stronger PGM prices and higher metal sales. Production increased 4.4% to 938,754 4E ounces, while unit cash costs rose 6.4% to R27,376 per 4E ounce. The final dividend increased 400% to 1,000c, taking the full year dividend to 1,700c.
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