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

Anglo sells platinum mines in S. Africa to Sibanye for ...

2015-9-9  Anglo sells platinum mines in S. Africa to Sibanye for $330m. ... According to Anglo’s Platinum boss, Chris Griffith, the deal will allow Amplats “to transition the

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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 mines

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

2015-9-8  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

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

2015-9-9  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

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

2015-9-9  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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UPDATE 3-S.Africa's Amplats sells Rustenburg mines to ...

2015-9-9  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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Amplats sells Rustenburg mines to Sibanye for R4.5 billion ...

2015-9-9  Amplats sells Rustenburg mines to Sibanye for R4.5 billion. 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 ...

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Amplats sells mines to Sibanye for R4.5bn - IOL

Johannesburg - Anglo American Platinum (Amplats) on Wednesday sold its labour-intensive South African mines to bullion producer Sibanye Gold for R4.5 billion ($331 million) to focus on newer ...

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Amplats sells Rustenburg mines to Sibanye for R4.5bn

2015-9-9  Cape Town - Anglo American Platinum (Amplats) [JSE:AMS] on Wednesday sold Rustenburg Platinum Mines to Sibanye Gold [JSE:SGL] for R4.5bn. "We remain committed to pursuing our strategy, continuing to reposition Anglo American Platinum

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Amplats sells Rustenburg mines to Sibanye for R4.5bn

2015-9-9  Anglo American Platinum (Amplats) on Wednesday sold its labour-intensive South African mines to bullion producer Sibanye Gold for 4.5 billion rand ($331 million) to focus on newer, mechanised mines.

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

2015-9-9  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 companies opened talks last week as the platinum industry struggles with falling prices and industrial unrest.

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

2015-9-9  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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South Africa's Amplats sells Rustenburg mines to Sibanye ...

2015-9-9  Anglo American Platinum (Amplats) (AMSJ.J) 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 (SGLJ.J). Amplats, a unit of global mining group Anglo American (AAL.L), is pivoting its strategy on newer and more mechanised mines and removing unprofitable ounces

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

2015-9-9  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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South Africa's Amplats sells Rustenburg mines to Sibanye ...

2015-9-9  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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Amplats sells Rustenburg mines to Sibanye for R4.5 billion ...

2015-9-9  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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Amplats sells mines to Sibanye for R4.5bn - IOL

Johannesburg - Anglo American Platinum (Amplats) on Wednesday sold its labour-intensive South African mines to bullion producer Sibanye Gold for R4.5 billion ($331 million) to focus on newer ...

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Amplats sells Rustenburg mines to Sibanye for R4.5bn

2015-9-9  Cape Town - Anglo American Platinum (Amplats) [JSE:AMS] on Wednesday sold Rustenburg Platinum Mines to Sibanye Gold [JSE:SGL] for R4.5bn. "We remain committed to pursuing our strategy, continuing to reposition Anglo American Platinum

Read More
Amplats sells Rustenburg mines to Sibanye for R4.5bn

2015-9-9  Anglo American Platinum (Amplats) on Wednesday sold its labour-intensive South African mines to bullion producer Sibanye Gold for 4.5 billion rand ($331 million) to focus on newer, mechanised mines.

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

2015-9-9  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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South Africa's Amplats sells Rustenburg mines to Sibanye ...

2015-9-9  Anglo American Platinum (Amplats) (AMSJ.J) 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 (SGLJ.J). Amplats, a unit of global mining group Anglo American (AAL.L), is pivoting its strategy on newer and more mechanised mines and removing unprofitable ounces

Read More
Amplats sells Rustenburg mines to Sibanye for R4.5 billion ...

2015-9-9  Amplats sells Rustenburg mines to Sibanye for R4.5 billion. 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 ...

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Amplats sells Rustenburg operations to Sibanye eNCA

2015-9-9  JOHANNESBURG - Anglo American Platinum announced on Wednesday that it had sold its Rustenburg mining and concentrating operations to Sibanye for

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Amplats sells Rustenburg mines to Sibanye for R4.5bn

2015-9-9  Anglo American Platinum (Amplats) on Wednesday sold its labour-intensive South African mines to bullion producer Sibanye Gold for 4.5 billion rand ($331 million) to focus on newer, mechanised mines.

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

2015-9-9  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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Anglo American Platinum Limited announces the sale of its ...

2015-9-9  1. Introduction. Anglo American Platinum announces that Rustenburg Platinum Mines Limited (“RPM”), a wholly owned subsidiary of the Company, has entered into a Sale and Purchase Agreement (“SPA”) (and related transaction agreements) on 8 September 2015 with Sibanye Gold Limited (“Sibanye”) to sell its Rustenburg mining and concentrating operations (“Rustenburg Operations”) for ...

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Amplats sells Rustenburg Operations ... - Mining Review

2015-9-9  By Chantelle Kotze. Platinum miner Anglo American Platinum (Amplats) on Wednesday announced the sale of its Rustenburg Operations to gold miner Sibanye Gold in a transaction worth R4.5 billion.. The Rustenburg Operations to be acquired by Sibanye include the Bathopele, Siphumelele and Thembelani mines as well as the integrated Khomani and Khuseleka mining

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Anglo sells Chile copper assets for $300m - Miningmx

2015-9-14  Last week, Anglo’s 79%-owned listed subsidiary, Anglo American Platinum, said it intended to sell its Rustenburg mines to Sibanye Gold for no less than $4.5bn with the sale potentially generating just short of R20bn for the group.

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Article: Anglo American looking to sell strike-hit mines ...

2014-4-14  Anglo American's chief executive has hinted that the mining titan is looking to offload its strike-hit South African platinum mines to concentrate on open-cast extraction.

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Anglo American – Wikipedia

↑ Anglo sells platinum mines in S. Africa to Sibanye for $330m. In: mining. 9. September 2015, abgerufen am 4. Dezember 2015 (englisch). ↑ Anglo American completes sale of Chile copper mines. In: MINING. 14. September 2015, abgerufen am 4. Dezember 2015 (englisch). ↑ Anglo American to cut 85,000 mining jobs worldwide as part of ...

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