Sibanye Still Interested in Anglo’s Platinum Mines

Resource Investing News

Mineweb reported that Sibanye Gold Ltd. might still bid for the South African platinum mines that Anglo American Plc (LSE:AAL) wants to dispose of.

Bloomberg reported that Sibanye Gold Ltd. might still bid for the South African platinum mines that Anglo American Plc (LSE:AAL) wants to dispose of.

As quoted in the market news,

While Anglo American Platinum Ltd. favored a sale of the four mines, a listing was also a possibility should bids not meet its valuation of the operations, the producer said last year. Anglo American, which holds a 77 percent stake in Amplats, as the unit is known, said in April an initial public offering was more probable even as the company had yet to make a final decision.

Click here for the full Bloomberg report

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