MINING
Cash-rich Implats revives idea of merging with RBPlat
The miner is likely to conclude a deal to exit one of its shafts before the end of the year, and is looking for a possible acquisition
05 September 2019 - 08:54
UPDATED 05 September 2019 - 23:25
Impala Platinum (Implats) signalled on Thursday that it is interested in a merger with Royal Bafokeng Platinum (RBPlat) after the world’s third-largest miner of the metal showed a dramatic improvement in its annual financials.
Implats was also actively studying two other potential opportunities and was open to selling some of its own assets, CEO Nico Muller said on Thursday...
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