South African mining giant’s R15.1 billion surprise gift for investors
- Valterra Platinum's interim dividend payout exceeded analyst expectations at R15.1 billion, or R57 per share.
- The company's first-half profit soared to R21.6 billion, driven by increased production and sales of platinum-group metals, as well as higher prices.
- The dividend announcement comes as the company plans to reach an investment decision in 2027 on whether to develop an underground project at its flagship Mogalakwena mine.
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