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October 6, 2008
Implats/Mvela deal worries Angloplat over BEE status
Anglo Platinum said on Monday it wants South African authorities to ensure it does not lose affirmative action credits gained by selling a key asset, which is now a target by rival Impala Platinum.
Angloplat, the world's No. 1 platinum producer, and a unit of Anglo American Plc, recently sold its share of the vast Booysendal platinum asset to black-owned Mvelphanda Resources (Mvela), which is now a target of Implats.
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Posted by StaffWriter at October 6, 2008 8:52 AM