Asset manager Visio, which holds a minority stake in Northam Platinum, has called on the platinum miner’s management to abandon its pursuit of Royal Bafokeng Platinum (RBPlat), arguing the strategy would not be beneficial to shareholders.

Northam and bigger rival Impala Platinum (Implats) are ensnared in a protracted battle to gain control of RBPlat, envied for its large, shallow and high-quality platinum group metal (PGM) ore bodies...

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