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Sylvania Platinum to Sell Iron Ore Assets, Refocus on Platinum Group Metas
Feb. 27, 2012 03:25PM PST
Precious MetalsMining Weekly reported Sylvania Platinum (ASX:SLP,LON:SLP) is moving forward with its plans to dispose of its iron ore assets.
Mining Weekly reported Sylvania Platinum (ASX:SLP,LON:SLP) is moving forward with its plans to dispose of its iron ore assets.
As quoted in the market news:
Sylvania would sell its iron-ore assets, located on the Bushveld Complex in South Africa, to focus on expanding its PGM tailings dumps, and the development of the northern limb PGM and base metal surface mining operations.
The company currently has five PGM tailings dumps in operation.
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