Amplats in talks to sell Bokoni mine to African Rainbow Minerals

By Kitco News / October 28, 2021 / www.kitco.com / Article Link

JOHANNESBURG, Oct 28 (Reuters) - South Africa's AngloAmerican Platinum (Amplats) is in talks to sell itsBokoni platinum mine to billionaire Patrice Motsepe's AfricanRainbow Minerals , the two mining firms said onThursday.


Amplats, a unit of Anglo American, suspended mining atBokoni in 2017 and said it aimed to find an owner with thetechnical and financial capacity to restart the mine.


Amplats shares were up 2.4% while ARM shares gained 1% inearly trading.



(Reporting by Helen Reid, editing by Jason Neely)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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