High-flying Northam shrugs off Covid to achieve record year

Platinum group metals mining company Northam Platinum has shrugged off the Covid-19 pandemic to report a record financial year in the 12 months to June 30. The JSE-listed company, headed by CEO Paul Dunne, on Friday reported its best ever revenue of R17.8-billion, record operating profit of R5.3-billion, record earnings before interest tax depreciation and amortisation (Ebitda) of R6-billion and record after-tax profit of R2.2-billion.