Implats BEE deal approved

April 18, 2007

Shareholders of Impala Platinum have approved a proposed empowerment transaction between the mining group and the Royal Bafokeng Nation group...

In terms of the transaction, Implats has prepaid all royalties due and payable to the RBN for the 31-year period from 1 July 2007 in an amount of R12.483-million and the RBN Group has subscribed for 75 115 204 Implats shares for an aggregate amount of R12.483-million.

... read more

If a link does not open, right click on it and select "open in a new window"

What do you think about this article? You can air your views in the space provided below.