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    Sibanye Gold Not Keen on Implats’ Marula Mine

    Investing News Network
    Feb. 27, 2015 07:49AM PST
    Precious Metals

    Mining Weekly reported that Sibanye Gold Ltd. (NYSE:SBGL) is not interested in Impala Platinum Holdings Ltd.’s (JSE:IMP) Marula mine.

    Mining Weekly reported that Sibanye Gold Ltd. (NYSE:SBGL) is not interested in Impala Platinum Holdings Ltd.’s (JSE:IMP) Marula mine.

    As quoted in the market news:

    Implats earlier announced on Thursday announced its intention to sell Marula, which produced 78 500 oz of platinum in its 2014 financial year, as part of an effort to build cash.

    Sibanye spokesperson James Wellsted stated:

    It is probably too small for our purposes.

    Click here for the full Mining Weekly report

    nyse:sbglimpala platinum
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