[miningmx.com] – SIBANYE Gold told Reuters it was not interested in bidding for Marula, a platinum mine Impala Platinum (Implats) said today it wanted to sell as part of its sweeping restructuring of its assets.
“It is probably too small for our purposes,” Sibanye spokesman, James Wellsted, told Reuters. The company was interested in “more meaningful assets,” such as Anglo American Platinum’s Rustenburg and Union mines, said Reuters.
Marula, which produced 78,500 ounces if platinum in its 2014 financial year, would be sold as part of an effort to build cash, Implats said.
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