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Atlatsa to close Klipfontein mine; expansion projects face delays

TSX- and JSE-listed Atlatsa will close its Klipfontein opencast mine at the end of the year. Reporting on its results for the quarter and six months ended June 30, the company on Tuesday noted that the operation, in Limpopo, had faced delays in obtaining a water use licence, stoppages at the eastern pit owing to community disruptions and the intersection of a large number of potholes on the western portion of the pit.