Northam buys Maroelabult mine in bid to create synergies
The mothballed operation is expected to accelerate production at the neighbouring Eland mine
29 October 2019 - 19:57
Northam Platinum will spend R20m to buy the mothballed Maroelabult mine to “considerably accelerate” bringing its Eland operation into production, CEO Paul Dunne says.
In yet another deal from Northam, agreement was reached with Canada’s TSX- and JSE-listed Eastern Platinum to buy Maroelabult mine, which neighbours Eland...
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