Amplats expects 20% jump in full-year earnings

Anglo American Platinum on Thursday said it expects a 20 percent increase in full-year earnings, helped by an increase in the rand basket price and improved operational performance.

Last year the world’s largest platinum producer reported headline earnings of 3.9 billion rand ($277 million), or headline earnings per share of 1,482 cents.

($1 = 14.0805 rand)

(Reporting by Nqobile Dludla; Editing by Rashmi Aich and Jason Neely)