Amplats expects 80% jump in half-year earnings

Anglo American Platinum (Amplats) said on Tuesday it expected its half-year earnings to rise by at least 80%, helped by an increased metals price and one-off impairments that weighed on results in the same period a year earlier.

Amplats said headline earnings for the six months ending June 30 were expected to be 2.69 billion rand ($188 million)more than the 3.363 billion rand earnings reported in the same period a year ago.

Amplats is expected to report its half-year results on July 22.

($1 = 14.3250 rand)

(By Tanisha Heiberg; Editing by Edmund Blair)