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Implats buys 15% stake in Waterberg project

Contributing Editor Online
JSE-listed Impala Platinum (Implats) will buy a combined 15% interest in the Waterberg platinum group metals (PGMs) project from TSX- and NYSE-listed Platinum Group Metals (PTM) and the Japan Oil, Gas and Metals National Corporation (Jogmec) for $30-million. Implats has also secured an option to acquire majority ownership of the project following the completion of a definitive feasibility study (DFS).

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