Anglo Platinum, the world's top producer of platinum, said on Thursday full-year profit likely rose as much as seven-fold, helped by higher metal prices.
Angloplat, majority-owned by global miner Anglo American, said it expects headline earnings per share to total as much as 1,965 cents in the year to end-December, compared with 289 cents a year earlier.
Headline EPS, the main profit gauge in South Africa, excludes certain one-time and non-trading items.
Shares of Angloplat gained 3.3 percent to 746 rand by 1335 GMT, outperforming Johannesburg's Top-40 index of blue chips, which was slightly higher.
AngloPlat said the results were boosted by a higher platinum prices. The precious metal gained about 20 percent in 2010. Platinum on Thursday hit its highest since July 2008.