On Friday, RBPlat’s shares gained 3.89% to R158.19, while Implats was up 3.94% to R219.82 and Northam 2.74% to R201.05
Impala Platinum , the world’s third-biggest platinum miner, has increased its shareholding in Royal Bafokeng Platinum to 35.23% upping the ante in its ongoing dice with smaller rival Northam for stakes in the company.
Implats has been pursuing its neighbour RBPlat for more than a decade, seeing an opportunity to own low-cost, mechanised shafts, and to extend the life of its own ageing deep-level operations in Rustenburg. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Implats ups RB Plat stake again as war with Northam for control hots upOn Friday, RB Plat’s shares gained 3.89% to R158.19, while Implats was up 3.94% to R219.82 and Northam 2.74% to R201.05
Read more »
Six injured in KZN crash, another vehicle ploughs into wreckageEmergency personnel assessed the two-vehicle collision and attended to six critically injured patients at the scene of the accident.
Read more »
Italy’s presidential vote — how it works and what’s at stakeShrouded in secrecy, the complicated process to elect the president is often compared to the papal conclave which elects the head of the Roman Catholic Church
Read more »
Is Dudu Zuma-Sambudla at it again?Dudu Zuma-Sambudla was widely accused of having incited the July unrest with her tweets and reposts at the height of the unrest.
Read more »
Verstappen collects F1 trophy, says Hamilton should keep racingRed Bull's Max Verstappen collected his Formula One world champion's trophy at a gala awards ceremony on Thursday, and looked forward to fighting seven times title-holder Lewis Hamilton again next season.
Read more »
Kim Jong-un’s crackdowns leave North Korea defectors with little hopeEven before the coronavirus pandemic slowed the number of defectors to a trickle, Kim oversaw increased controls, preventing many from leaving the country
Read more »