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Wesizwe Platinum Aims To Be Springboard For Chinese Consortium Investors

Written by Investing News Network
|
Nov. 06, 2012 09:54AM PST

Mining Weekly reported Wesizwe Platinum (PINK:WSZWF) wants to become a springboard for a Chinese consortium of investor who want to expand in South Africa.

Mining Weekly reported Wesizwe Platinum (PINK:WSZWF) wants to become a springboard for a Chinese consortium of investor who want to expand in South Africa.

As quoted in the market news:

The flagship Bakubung mine, in the North West, where the first blast was initiated earlier this year, would not be the first and last to be developed by Wesizwe, he said, adding that the company would examine expansion opportunities “as and when” they occur in the next five to seven years.

But for now, the group, with the aid of its Chinese investors, would focus on bringing its Bakubung mine into production, Morule said at the Junior Mining and Exploration Conference, in Johannesburg.

Click here to read the full Mining Weekly report.

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