anglo sells platinum mines in s africa to sibanye for 330m

Anglo American completes sale of Chile copper mines ...

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

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For Sale: Anglo American Is In Talks To Sell SA Platinum Mines

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 ...

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Anglo American sells lossmaking platinum mines to …

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 …

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Sibanye-Stillwater – Wikipedia

Sibanye Gold Limited (Außenauftritt als: Sibanye-Stillwater) ist ein südafrikanisches Bergbauunternehmen, das der größte Goldproduzent (vor AngloGold Ashanti, Harmony Gold und Gold Fields) des Landes ist.Es ist ferner einer der 10 größten Goldproduzenten weltweit und derzeit der drittgrößte Platin- und Palladiumhersteller der Welt.

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Anglo American sells off loss-making platinum mines | LON:AAL

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

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Amplats in talks to sell Bokoni mine to African Rainbow ...

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...

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Amplats sells Rustenburg mines to ... - CFO South Africa

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

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Geschichte - db0nus869y26v.cloudfront.net

↑ 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).

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Sibanye seen as likely buyer for Anglo's ageing platinum mines

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 …

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S.Africa's Amplats sells Rustenburg mines to Sibanye for ...

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 (Other OTC: GDCWF - news) . Amplats, a unit of global mining group Anglo American (LSE: AAL.L - news), is pivoting its strategy on newer and more mechanised mines and removing ...

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Anglo American offloads troubled South African platinum mines

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.

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Anglo American sells S.Africa platinum mines for 4.5 bn rand

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.

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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.

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Anglo American sells S.Africa platinum mines for 4.5 bn …

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 …

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Mining: South Africa's Amplats sells Rustenburg mines to ...

Shares in Amplats, a unit of global mining group Anglo American, jumped 5 percent to 330 rand while Sibanye's stock rose 3.7 percent to 182 rand. "With so much uncertainty over PGM (platinum group metal) prices in the near and medium term, the structure of the deal delivering greater value longer term seems the only and most sensible course ...

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UPDATE 3-S.Africa's Amplats sells Rustenburg mines to ...

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 ...

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Sibanye Mining Group - mining companies in Africa

Operational Regions:Africa. Sibanye is an independent South African mining group that owns and manages gold and platinum mining operations. Sibanye is known as the biggest individual gold producer in the country, one of the ten biggest gold producers in the world and the fifth biggest platinum group metals (PGM) producer in the world.

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Amplats sells platinum mines to Sibanye

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 ...

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Anglo American offloads troubled South African platinum mines

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.

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Anglo American sells S.Africa platinum mines for 4.5 bn rand

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Mark Latham Commodity Equity Intelligence Service ...

Anglo CEO Mark Cutifani makes the point that Anglo's sale of Rustenburg platinum mine to South Africa's Sibanye Goldwas right for South Africa because Sibanye is committed to investing in the asset for the long term, whereas Anglo American Platinum has …

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South Africa's Amplats sells Rustenburg mines to Sibanye ...

South Africa's Amplats sells Rustenburg mines to Sibanye for $331 million. JOHANNESBURG (Reuters) - Anglo American Platinum (Amplats) (AMSJ.J) sold the labour-intensive South African Rustenburg ...

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Anglo American to sell platinum mines - 9Finance

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

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Anglo American Platinum Limited announces the sale of its ...

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

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Anglo American in talks to sell troubled platinum mines ...

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

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Anglo American - Wikiwand

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Sibanye seen as likely buyer for Anglo's ageing platinum mines

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 …

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Anglo American in talks to sell S.Africa platinum mines ...

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.

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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.

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South Africa's Amplats sells Rustenburg mines to Sibanye ...

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 …

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