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Northam buys Glencore’s Eland mine for R175m, secures chrome marketing agreement

Under New Ownership

By:  
Contributing Editor Online
 
PLATINUM-GROUP METALS — 1
JSE-listed Northam Platinum has acquired the Eland platinum mine from Glencore Operations South Africa for R175-million.  It has also concluded an exclusive chrome marketing agreement with Glencore International, which will market and sell chrome produced at Northam’s Zondereinde and Booysendal operations.
 
 
 
 
 

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