S.Africa's Northam Platinum posts profit dip as costs surge

(Reuters) - South Africa's Northam Platinum on Friday reported a 2.9% dip in full-year profit despite increased production, citing lower metal prices and surging costs.

Northam's headline earnings per share (HEPS) - the main profit measure in South Africa - was 26.11 rand ($1.56) in the year to June 30, down from 26.88 rand the previous year.

($1 = 16.7893 rand)

(Reporting by Nelson Banya; Editing by David Goodman)