Mining News

Northam urges tribunal to accept its assistance in proposed RBPlat merger

Platinum group metals (PGMs) miner Northam Platinum is requesting the Competition Tribunal to accept its request to intervene in and assist in the tribunal processes related to fellow PGM miner Impala Platinum’s (Implats’) proposed buyout of Royal Bafokeng Platinum (RBPlat). As reported by Mining Weekly in May, Implats and RBPlat informed their shareholders that the proposed deal whereby Implats intends to acquire all the shares in RBPlat it does not already own was likely to be delayed.

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