THE G SPOT
Silver medal ain’t so bad for Northam Platinum
Northam has ended up with 35% of Royal Bafokeng Platinum, rival Implats with 45%. A sale is not on the cards, it says — so how about a joint venture?
20 April 2023 - 05:00
Questions abound over the future of Royal Bafokeng Platinum (RBPlat) now that Northam has dropped its R172.70 per share offer to buy all of the company, due to the plunging price of platinum group metals (PGMs). The FM spoke to Northam CEO Paul Dunne.
What now for Northam?..
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