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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
infomine-africa.com©2006
 
 
 
 
   09/09/2015
 
Sibanye to acquire Angloplats Rustenburg operations
 

Sibanye announced it is to acquire the Rustenburg Operations from Anglo American Platinum Limited for R1.5 billion in cash or shares as well as 35% of cash flows generated by the Rustenburg Operations over a six year period.

Commenting on the Transaction, Neal Froneman CEO of Sibanye said: “We have for some time indicated our interest in participating in the PGM sector and believe that these assets provide an attractively priced entry at an advantageous moment in the price cycle. The Rustenburg Operations are similar in nature to Sibanye’s current gold operations and, after extensive engagement with AAP and completing a thorough due diligence, we are confident that we will be able to realise value for our stakeholders by leveraging our successful operating model.


 
 
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