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Amplats to Put $440 Million Stake Into Trust for Communities
Nov. 07, 2011 07:16PM PST
Precious Metals InvestingBloomberg reported Anglo American Platinum (JSE:AMMS) will put $440 million into trust for local communities.
Bloomberg reported Anglo American Platinum (JSE:AMMS) will put $440 million into trust for local communities.
As quoted in the market news:
Anglo American Platinum Ltd., the largest producer of the metal, will place a 2.33 percent stake worth about 3.5 billion rand ($440 million) into two trusts to raise money for communities near its South African mines.