« Jasco reports higher FY earnings | Main | Strong poised to grow stronger as platinum industry mulls consolidation »
October 2, 2008
DME evaluates potential Implats bid for Mvela
BEE issues have implications for the bid by Impala Platinum (Implats) for Mvelaphanda Resources (Mvela) and Northam Platinum (Northam) according to Sandile Nogxina, the director general in the Department of Minerals and Energy (DME).
Interviewed at today's opening of the upgraded smelter built by Braemore Resources at Mintek in Randburg, Nogxina said one of the conditions precedent to the Implats bid was that the BEE credits earned by Anglo Platinum should not be lost.
Read More
Posted by StaffWriter at October 2, 2008 1:56 PM