Glencore Operations South Africa

South Africa

Activity by year

201820192020202120222023202420252026

Acquisition

Announcements · 3

Nov 9, 2018ACQUISITIONSouth Africa, South Africa$80.1M
Anglo American Platinum acquires full ownership of Mototolo JV
Anglo American Platinum increased its stake in the Mototolo joint venture from 50% to 100% by acquiring Glencore Operations South Africa's 40.2% stake for R0.9bn ($61.75m) and Kagiso Platinum Venture's 9.8% interest for R267m ($18.31m).
Anglo American Platinum acquirer Glencore Operations South Africa target Kagiso Platinum Venture target #Mining Equipment mining-technology.com
Oct 23, 2018ACQUISITIONSouth Africa
Rustenburg Platinum Mines acquires Mototolo Joint Venture and Chrome Recovery Circuit
The Competition Tribunal unconditionally approved the large merger in which Rustenburg Platinum Mines Limited acquired the Mototolo Joint Venture and all movable assets of the Mototolo Chrome Recovery Circuit.
Anglo American Platinum investor Rustenburg Platinum Mines acquirer Glencore Operations South Africa partner Mototolo Joint Venture target Mototolo Chrome Recovery Circuit target Kagiso Tiso Holdings partner #Mining Equipment sheriahub.com
Jul 24, 2018ACQUISITIONLimpopo, South Africa, South Africa$59.4M
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 partner Rustenburg Platinum Mines acquirer Glencore Operations South Africa target #Mining Equipment mining-technology.com

Dealingsⓘ

Acquired by

Anglo American Platinum2018
Rustenburg Platinum Mines2018

Partners

Kagiso Tiso Holdings2018

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