PLATINUM delivered big time for African Rainbow Minerals (ARM) in the year to June, which makes resolution of the dispute with the Department of Mineral Resources over the long-term future of the group’s Modikwa mine all the more important.Modikwa is a 50/50 joint venture between ARM and Anglo American Platinum (Amplats), but the mine has still not had its "old order" mining right converted into a "new order" mining right according to ARM Platinum CEO Francois Uys.The reason for the delay appears to be the long-running dispute over ownership of the "Modikwa Deeps" — the deep level extension to the existing Modikwa mine — over which a mining right has been granted by the Department of Mineral Resources to Australian Stock Exchange-listed junior explorer Nkwe Platinum.The situation is likely to get more heated because of the pending takeover of Nkwe Platinum by Chinese group Zijin Mining, which will put ownership of the asset in the hands of a group with the financial clout required t...

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