Anglo American Platinum has been approached by a group of investors backed by the Industrial Development Corporation (IDC) about buying Bokoni mine in Limpopo, moving the miner a step closer to getting rid of all unprofitable assets to focus on mechanised mines.

Amplats, a division of Anglo American, has been pivoting away from labour-intensive shafts that have defined SA mining for years to more mechanised operations following an unprecedented five-month strike in 2014 that further undermined its commercial viability...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.