JOHANNESBURG, July 24 (Reuters) - South African miner Anglo

American Platinum (Amplats) reported on Monday a 55

percent drop in first-half profits on lower sales, a stronger

rand and tax impairments and said it is unlikely to pay a

dividend this year.

Its shares fell more than 3 percent after the results

announcement.

Amplats, the world's largest producer of the precious metal

and a unit of Anglo American, has not paid a dividend

since 2011, and would need to ensure its cash generation is

stable...

By: Reuters.com - 2 days ago

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