[miningmx.com] – NORTHAM Platinum has concluded the purchase of the Everest mine from Aquarius Platinum following consent for a change of control from the South African government, effective October 8.
“With Everest now being part of the broader Booysendal mining footprint, Northam is well positioned to assess and prioritise its internal growth opportunities,” said Paul Dunne, CEO of Northam Platinum in a statement.
The Everest assets and mining rights were bought for R450m comprising R400m for the Everest mining assets and R50m for the Everest mining right.
