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South Africa's Northam Platinum sees annual earnings more than double

Full-year earnings of South Africa's Northam Platinum rose 150%, fuelled by higher metals prices, increased sales revenue and a weaker rand currency, the company said on Friday.

JOHANNESBURG, Aug 28 (Reuters) - Full-year earnings of South Africa's Northam Platinum NHMJ.J rose 150%, fuelled by higher metals prices, increased sales revenue and a weaker rand currency, the company said on Friday.

The miner reported normalised headline earnings per share (HEPS) of 676.3 cents ($0.39) for the full year ended June, up 150% from the figure of 270.1 cents a year ago.

HEPS is the main profit measure used in South Africa and strips out certain one-off items.

($1=16.9559 rand)

(Reporting by Tanisha Heiberg; Editing by Clarence Fernandez)

((Tanisha.Heiberg@thomsonreuters.com; +27117753034; Reuters Messaging: tanisha.heiberg.thomsonreuters.com@reuters.net))

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