Impala Falls on $300 Million Share-Sale as Profit Slumps

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  • South African platinum producer declines most since 2008
  • Seeks to raise cash to continue Rustenburg mine expansion

Impala Platinum Holdings Ltd. dropped in Johannesburg trading after saying it plans to raise 4 billion rand ($295 million) by selling shares as a slump in metal prices cut full-year profit by 58 percent.

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