Anglo American Platinum, Sibanye Gold Confirm Asset Sale Announcement is Coming Wednesday

**Update: On Wednesday morning, Anglo American announced the sale of its Rustenburg operations to Sibanye Gold.
Bloomberg reported that Anglo American Platinum (JSE:AMS) and Sibanye Gold (NYSE:SBGL) have confirmed they will provide an update on the sale of assets by Anglo. A spokesman for Anglo American, which owns 77 percent of Anglo American Platinum, confirmed the timing of the announcement, as did a spokesman for Sibanye. No further details were given.
As quoted in the publication:

The companies started talks over the assets about a year ago. Anglo American has been trying to dispose of the Rustenburg mines as it seeks to exit operations that don’t return 15 percent on capital employed.

Click here for the full Bloomberg article.