Amplats Considers Floating South African Mines

Reuters reported that Anglo American Platinum (OTCMKTS:AGPPY) may float its South African mines instead of selling them because it had received offers that were too low.

As quoted in the market news,

One Johannesburg-based investment banker also said the company, commonly known as Amplats, had received a few offers for its Union Mine and three others near Rustenburg but had “thrown them into the dustbin” because they were too low.

Click here for the full Reuters report