JP Morgan: "We think the second-half 2017 fundamental outlook for zinc looks less supportive, easing supply constraints and questionable demand strength."
South Africa's Anglo American Platinum (Amplats) expects half-year profits to fall by as much as 67 percent due to a stronger rand, lower sales and post-tax impairments, the company said on Tuesday.
The two remaining components of the Kibali gold mine - its underground shaft system and third hydropower plant - are both on track, Randgold Resources chief executive Mark Bristow said today.