Angloplats posts record profit, warns on outlook

THE world's number one platinum producer, Anglo American Platinum, has posted a strong jump in first half earnings but warned profits are likely to fall in the second six months to December 31.

Angloplats posted record earnings of 4.08 billion rand (A$953 million) for the six months ended June 30, exceeding earnings for the first half of 2000 by 50%, on gross sales revenue of R9.