Implats offers to buy remaining stake in African PGM producer RBPlat
Impala Platinum (Implats) has offered to acquire the remaining shares in Royal Bafokeng Platinum (RBPlat), at ZAR150 ($9.3) per share.
Source: mining-technology.com
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RBPlat bid embodies socioeconomic boost for greater Rustenburg region – Implats
The bid by Impala Platinum Holdings Limited (Implats) for a majority shareholding in Royal Bafokeng Platinum (RBPlat) presents an opportunity to create sizeable and sustainable Western Limb production base with socioeconomic benefits for the region, platinum group metals (PGM) mining company Implats said on Monday. The proposed transaction opens the way for capitalising on significant synergies as a result of the contiguous nature of the Impala Rustenburg mine and RBPlat’s operating assets, Implats stated in a release to Mining Weekly.
Source: polity.org.za