Atlatsa revenue impacted by lower Q1 production

Dual-listed Atlatsa Resources’ revenue decreased by 6.1% year-on-year to C$33.4-million for the three months ended March 31, owing to a 3.5% decrease in platinum group metals (PGM) ounces produced at its Bokoni mine, near Polokwane. Revenue was further impacted by a 1.5% decrease in the rand PGM basket price to R11 130, compared with R11 305 in the first quarter of 2016.