Royal Bafokeng Platinum delivers record performance, declares R1.5bn maiden dividend

Platinum group metals (PGMs) mining company Royal Bafokeng Platinum (RBPlat) on Tuesday reported a record performance and declared its maiden dividend on the back of a 2 734.2% increase in 2020 headline earnings to R3.5-billion. The JSE-listed black-controlled, black-led and black-managed company, headed by RBPlat CEO Steve Phiri, reported 78.6%-higher revenue to R13.4-billion for the 12 months to the end of December.

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