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Anglo's platinum unit Amplats and its rivals are battling an almost 13-week-old mining strike in South Africa over wages, which has slashed about 40 percent of …


If Anglo American pushes ahead to divest underperforming platinum assets, a sale to a small South African company that specialises in squeezing profit out of mines nearing the end of their lives is seen as the most likely option. Anglo American's platinum unit Anglo American Platinum (Amplats) and its rivals were battling an almost 13-week-old mining strike in South Africa over …


The announcement comes only days after Anglo announced a $330m deal to sell lossmaking South African platinum mines to Sibanye Gold.


Anglo American has sold some of its platinum mines in South Africa for around $330m (£214m), adding to the list of assets it has offloaded since the beginning of the commodities downturn.


Johannesburg (AFP) - Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, for 4.5 billion rand ($332 million). The two …


JOHANNESBURG, Sep 4- Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, as the platinum industry struggles with falling prices and industrial unrest.


Anglo American on Wednesday unveiled plans to offload some of its most problematic assets, striking a R4.5bn ($330m) deal to sell lossmaking South African platinum …


Anglo American in talks to sell S.Africa platinum mines JOHANNESBURG, Sep 4- Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, as the platinum industry struggles with falling prices and industrial unrest.


The world's top five platinum-mining companies, by annual production. 1. Anglo American Platinum – 2.05 million ounces. Founded in 1995 and based in Johannesburg, South Africa, Anglo American Platinum is the world's largest platinum-mining company – with production output of just over two million ounces in 2019.


JOHANNESBURG (Reuters) - South Africa's Anglo American Platinum (Amplats) is in talks to sell its Bokoni platinum mine to billionaire Patrice Motsepe's African Rainbow Minerals, the two mining firms said on Thursday. Amplats, a unit of Anglo American, suspended mining at Bokoni in 2017 and said it aimed to find...


↑ Anglo sells platinum mines in S. Africa to Sibanye for $330m. In: mining.com. 9. September 2015, abgerufen am 4. Dezember 2015 (englisch). ↑ Anglo American completes sale of Chile copper mines. In: MINING.com. 14. September 2015, abgerufen am 4. Dezember 2015 (englisch).


Mining giant Anglo American PLC yesterday announced the sale of three platinum mines in South Africa to Sibanye Gold Ltd, the country's biggest producer of gold, for 4.5 billion rand (US$332 million). The two companies opened talks last week as the platinum industry struggles with falling prices and industrial unrest. "We are pleased to announce a significant milestone in the …


Anglo announced on Wednesday its third sale since July. This time South African miner Sibanye Gold has agreed to acquire Anglo's three high-cost platinum mines at Rustenberg for about $330m.


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Sibanye-Stillwater - zxc.wiki

The company also owns uranium in South Africa, which is currently not being mined. history. The company was founded in November 2012 as a subsidiary of Gold Fields and was floated on the stock exchange in 2013. In September 2015, Anglo American sold three of its South African platinum mines to Sibanye Gold.


Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, Last Updated : GMT 05:21:58.


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Anglo American Platinum

Anglo American Platinum released its interim results for the six months to 30 June 2021. Click here for more information. Denver Gold presentation. CEO Natascha Viljoen speaks at the 2021 Denver Gold Forum. CEO Natascha Viljoen speaks at the 2021 Denver Gold Forum. Find out more.


Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about Anglo American Platinum's plan to sell its Rustenburg Platinum mining and concentrating operations to Sibanye ...


Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, as the platinum industry struggles with falling prices and industrial unrest. South Africa, which produces 70 percent of the world's platinum, was also hit by a damaging five-month strike by 70,000 platinum miners in 2014.


Johannesburg and Abidjan – Anglo American is in advanced talks to sell some of its South African platinum mines, as the UK group deepens its …


Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world's leading primary producer of platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations are based in …


Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, for 4.5 billion rand ($332 million). The two companies opened talks last week as the platinum industry struggles with falling prices and industrial unrest.


By Zandi Shabalala JOHANNESBURG (Reuters) - Anglo American Platinum (Amplats) sold the labour-intensive South African Rustenburg mine that produces about a third of its annual output for 4.5 billion rand ($331 million) to bullion producer Sibanye Gold. Amplats, a unit of global mining group Anglo American, is pivoting its strategy on newer and more mechanised mines and removing …


By Zandi Shabalala JOHANNESBURG (Reuters) - Anglo American Platinum (Amplats) sold the labour-intensive South African Rustenburg mine that produces about a …


Anglo American Platinum Limited announces the sale of its Rustenburg Operations for at least R4.5 Billion (Nominal Terms) to Sibanye Gold …


Johannesburg (AFP) - Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye …


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UPDATE 3-S.Africa's Amplats sells Rustenburg mines to Sibanye for $331 mln. JOHANNESBURG, Sept 9 (Reuters) - Anglo American Platinum (Amplats) sold the labour-intensive South African Rustenburg ...


Sibanye Gold will pay R1.5bn (£70mln) upfront and will pay Anglo 35% of Rustenburg's free cash flow for six years,


South Africa, which produces 70 percent of the world's platinum, was also hit by a damaging five month strike by 70,000 platinum miners in 2014. "Anglo American Platinum confirms that the company is in discussions with Sibanye in relation to the sale of its Rustenburg operations, which may or may not lead to a transaction," the company ...


Mining giant Anglo American has opened talks to sell its platinum mines in South Africa to Sibanye Gold, the country's biggest producer of …


Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the country's biggest. Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the. Last Updated : GMT 05:21:58.


It was announced earlier today that Anglo American Platinum has sold three of its labour-intensive, loss-making platinum mines to Sibanye Gold for some R4.5 billion ($331 million). Sibanye, South Africa's biggest gold producer, will pay R1.5 billion upfront, and the balance over the next six years. Amplats sells Rustenburg mines to Sibanye for R4.5 billion CFO South Africa


Anglo American has sold some of its platinum mines in South Africa for around $330m (£214m), adding to the list of assets it has offloaded since the beginning of the commodities downturn. South Africa's Sibanye Gold has bought the platinum mines near Rustenberg in a deal structured with a mixture of cash and shares.