Amplats subsidiary to buy Glencore's 39% stake in Mototolo JV

Anglo American Platinum's subsidiary Rustenburg Platinum Mines signed an agreement to acquire Glencore Operations South Africa's 39% interest in the Mototolo platinum mine joint venture in Limpopo, South Africa, for an upfront cash payment of about ZAR0.8bn ($59.36m) plus additional instalments.

“Anglo American Platinum’s (Amplats) subsidiary Rustenburg Platinum Mines (RPM) has signed an agreement to acquire Glencore Operations South Africa’s 39% interest in the Mototolo joint venture (JV).”mining-technology.com

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• mining-technology.comAmplats subsidiary to buy Glencore’s stake in Mototolo JV in South AfricaHemanthJul 24, 2018

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