African Rainbow Minerals records 43% decline in annual profit: Phillip Tobias

Описание к видео African Rainbow Minerals records 43% decline in annual profit: Phillip Tobias

South Africa's platinum group metals sector is reeling from collapsing prices.
African Rainbow Minerals has reported a fall of 43 percent in annual profit. Revenue for the period also decreased by 20 percent. The mining company was hit mainly by weaker prices for platinum group metals and coal. African Rainbow Minerals CEO Minerals Phillip Tobias weighs in on the latest developments.

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