Anglo American Platinum Declares $856 Million Cash Dividend Ahead of Spinoff
Anglo American Platinum (Amplats) announced on Monday that it will distribute an additional cash dividend of $856 million ahead of its planned spinoff into a standalone unit. This decision comes despite a 40% decline in annual profit, which fell to approximately 8.4 billion rand (about $456.7 million) due to lower platinum-group metal (PGM) prices affecting […]