Copper $ 5.41 / lb -0.32%
Brent Crude Oil $ 59.68 / bbl -0.15%
Palladium $ 1757.75 / ozt -1.14%
Crude Oil $ 55.84 / bbl -0.11%
Natural Gas $ 3.935 / Btu -0.18%
Silver Futures $ 65.355 / ozt -0.09%
Aluminum Futures $ 2916 / ton -0.15%
Micro Gold Futures $ 4353.5 / ozt -0.25%
Micro Silver Futures $ 65.38 / ozt -0.06%
Platinum $ 1938 / ozt -0.77%
Gold Futures $ 4355.5 / ozt -0.19%
Go to MDC Markets

Anglo sells platinum mines in S. Africa to Sibanye for $330m

Cecilia Jamasmie | September 09, 2015 | 2:09 am Base Metals Precious Metals Africa Europe Gold Nickel Platinum 

[caption id="attachment_833350" align="aligncenter" width="600"] One of Anglo's Rustenburg platinum mines.[/caption] As anticipated yesterday, Anglo American (LON:AAL) has announced a $330 million deal with the country’s top gold producer Sibanye (NYSE:SBGL) (JSE:SGL) that will allow it to offload three of its loss-making platinum mines...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now