[miningmx.com] – PLANS by Robert Friedland, president of Ivanhoe Mines, to build a platinum mine in South Africa could be interrupted by a local community who claim they were not consulted about an economic partnership in the proposed mine.
Bloomberg News, citing ‘activists’ in the Mokopane area in the northern Limpopo province, said members of the community were concerned how long it would take to repay the debt on a 20% stake in the proposed $1.6bn Platreef project.
“The million-dollar question for us is when will our debt be fully repaid,’ Aubrey Langa, an adviser to the Kopano Committee that represents five settlements in the community.
“They won’t tell us. The community will be drowning in debt for a very long time. We won’t allow them to build a mine until this is cleared up,’ he told Bloomberg News.
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