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Northam wins approval for Amplats deal

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PLATINUM
South African miner Northam Platinum has received government approval for its 1 billion rand ($76 million) mining rights acquisition of an Anglo American Platinum(Amplats) asset, the companies said on Friday. The rights relate to resources at Amandelbult near Northam’s Zondereinde mine and hold an estimated 16.7-million ounces of platinum.
 
 
 
 
 

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