Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 5,280
Change Today -62.00 / -1.16%
Volume 155.4K
RBP On Other Exchanges
Symbol
Exchange
Berlin
Johannesburg
OTC US
As of 11:00 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

royal bafokeng platinum ltd (RBP) Snapshot

Open
$5,360
Previous Close
$5,342
Day High
$5,360
Day Low
$5,143
52 Week High
08/11/14 - $7,690
52 Week Low
12/18/14 - $4,740
Market Cap
10.2B
Average Volume 10 Days
289.4K
EPS TTM
$2.39
Shares Outstanding
192.9M
EX-Date
--
P/E TM
22.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for ROYAL BAFOKENG PLATINUM LTD (RBP)

Related News

No related news articles were found.

royal bafokeng platinum ltd (RBP) Related Businessweek News

No Related Businessweek News Found

royal bafokeng platinum ltd (RBP) Details

Royal Bafokeng Platinum Limited operates as a platinum group metals producer. It operates the Bafokeng Rasimone Platinum Mine located on the Western Limb of the Bushveld Complex in the North West province of South Africa. The company was incorporated in 2008 and is based in Johannesburg, South Africa. Royal Bafokeng Platinum Limited is a subsidiary of Royal Bafokeng Platinum Holdings Proprietary Limited.

6,272 Employees
Last Reported Date: 03/3/15
Founded in 2008

royal bafokeng platinum ltd (RBP) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: R5.4M
Chief Financial Officer, Executive Director a...
Total Annual Compensation: R4.2M
Executive Head of Operations
Total Annual Compensation: R3.1M
Head of Operations for BRPM and The Styldrift...
Total Annual Compensation: R3.5M
Executive of Risk and Assurance
Total Annual Compensation: R1.9M
Compensation as of Fiscal Year 2013.

royal bafokeng platinum ltd (RBP) Key Developments

Royal Bafokeng Platinum Reports Audited Consolidated Earnings and Production Results for the Full Year Ended December 31, 2014; Provides Production and Capex Guidance for the Year 2015

Royal Bafokeng Platinum reported audited consolidated earnings and production results for the full year ended December 31, 2014. For the year, the company reported revenue was ZAR 3,767.5 million against ZAR 3,251.1 million a year ago. Profit before tax was ZAR 844.5 million against ZAR 612.5 million a year ago. Net profit attributable to owners was ZAR 440.9 million against ZAR 284.2 million a year ago. Diluted earnings per share were 238 cents against 173.0 cents a year ago. Headline earnings per share were 239 cents against 173 cents for the same period a year ago. Net cash flow generated by operating activities was ZAR 1,426.5 million against ZAR 907.8 a year ago. Acquisition of property, plant and equipment was ZAR 1,675.6 million against ZAR 1,036.6 million a year ago. Earnings before interest, tax and depreciation and amortisation (EBITDA) was ZAR 1,189.4 million against ZAR 1,008.0 million for the same period a year ago. Normalised headline earnings were ZAR 506.9 million or 274 cents per headline per share against ZAR 348.4 million or 212 cents per headline per share for the same period a year ago. For the year, the company announced year-on-year increase in total development at the BRPM JV in 2014 of 8% from 36.5km to 39.4km is mainly attributable to an increase in the working cost development required to maintain its ore reserve and IMS targets and ensure sustainable production. The company's IMS face length improved by 10% to 6.6km. BRPM's overall IMS panel ratio per stoping crew ended at 1.7 for the financial year, which is 13% higher than the company's target of 1.5 and a 12% improvement year-on-year. This increase was a direct result of optimisation related to improving the distribution of IMS on a level-by-level basis and ensuring development rates and equipping requirements remain aligned with depletion rates. Stoping output increased by 4%, with a total of 527,000m2 being mined, compared to 505,000m2 in 2013. The company delivered tonnes increased by 7% year-on-year to 2,471kt, with Merensky delivered tonnes increasing by 1% to 1,908kt and UG2 delivered tonnes by 36% to 563kt. The overall built-up head grade decreased marginally year-on-year by 2%, from 4.38g/t (4E) to 4.29g/t (4E). This reduction, which was due to the increased contribution of on-reef development from the Phase III project and UG2 trial mining to the company's overall run-of-mine (ROM) volumes, was in line with expectations. RBPlat's total milled tonnes increased by 8% to 2,479kt from 2,301kt in 2013, with 2,112kt and 367kt being milled at the BRPM and Anglo American Platinum (Amplats) Waterval concentrators, respectively. The improved milling throughput was as a result of increased mining volumes. Merensky and UG2 mill volumes increased by 27kt and 151kt to 1,914kt and 565kt, respectively, compared to the same period in 2013. UG2 contributed 23% of the total tonnes milled. The overall and BRPM concentrator recoveries, which ended marginally lower at 86.05% and 86.77%, respectively, are in line with expectations. Toll concentrating recoveries were within expected contractual limits. This, combined with the 2% lower built-up head grade and 8% increase in mill volumes, yielded a 5% increase in both 4E and platinum metals in concentrate year-on-year, with 294koz and 190koz being produced, respectively. The company expects production from BRPM to be between 2.4 and 2.5Mt for 2015, given its good stakeholder relation and strong operating platform, with the head grade being maintained at between 4.15g/t (4E) and 4.20g/t (4E). The company expects total CapEx for 2015 including SIB and replacement to be ZAR 2.9 billion (including escalation and contingency).

Royal Bafokeng Platinum Limited, 2014 Earnings Call, Mar 03, 2015

Royal Bafokeng Platinum Limited, 2014 Earnings Call, Mar 03, 2015

Royal Bafokeng Platinum Limited Provides Earnings Guidance for the Year Ended December 31, 2014

Royal Bafokeng Platinum Limited provided earnings guidance for the year ended December 31, 2014. For the year, the company anticipates earnings per share and headline earnings per share to be between 230 cents and 245 cents or between 33% and 42% higher, compared to an EPS and HEPS of 173 cents for the previous corresponding period. Normalised EPS for the year ended 31 December 2014, after adjusting for the after tax effect of an additional amortisation and depreciation charge related to a fair value adjustment that was made in terms of IFRS 3 (Busines Combinations) at the time of the company’s listing in 2010, is anticipated to be between 264 cents and 281 cents or between 25% and 33% higher compared to Normalised EPS of 212 cents for the previous corresponding period. The expected increase in EPS, HEPS and normalised EPS is primarily due to higher sales volumes and higher ZAR basket prices due to the ZAR weakening further against the USD in 2014 compared to 2013 as well as good cost containment resulting from sustained mining flexibility, operational stability and specific cost reduction strategies.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RBP:SJ 5,280.00 -62.00

RBP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for RBP.
View Industry Companies
 

Industry Analysis

RBP

Industry Average

Valuation RBP Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ROYAL BAFOKENG PLATINUM LTD, please visit www.bafokengplatinum.co.za. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.