S.Africa's Amplats still weighing disposal options, H1 earnings soar

by Reuters 6 views0

S.Africa's Anglo American Platinum said on Monday it was still considering how to dispose of its Rustenburg and Union operations.

South Africa’s [DATA AMS:Anglo American Platinum Ltd] said on Monday it was still considering how to dispose of its Rustenburg and Union operations, which it plans to divest from.

“Currently both options for divestment – an Initial Public Offering (IPO) or a trade sale – are still being worked on, and whilst it remains practicable, both options will be kept open,” Amplats said in a statement accompanying the release of its first-half results.