The Global Resource For Connecting Buyers and Sellers

Northam wins approval for Amplats deal

South African miner Northam Platinum has received government approval for its 1 billion rand ($76 million) mining rights acquisition of an Anglo American Platinum(Amplats) asset, the companies said on Friday. The rights relate to resources at Amandelbult near Northam’s Zondereinde mine and hold an estimated 16.7-million ounces of platinum.