Aneka Tambang's Gold Margins Seen Recovering to Support 2H Earnings — Market Talk

Aneka Tambang's gold margins are expected to recover, with sustained nickel ore momentum supporting stronger second-half earnings, Nomura analyst Ahmad Maghfur Usman notes. Although 2Q gross margin slipped to 15.7% from 19.2% in 1Q as tighter domestic gold trading margins halved precious metals pro…