- Sibanye Gold (SBGL +1.2%) says it is in talks on the potential acquisition of Anglo American Platinum's (OTCPK:AGPPY) Rustenburg mining and concentrating operations.
- While Amplats is negotiating with others, the talks with SBGL are at an advanced stage and the company has put off plans to list the business separately, Bloomberg reports.
- SBGLhas been interested in buying South African platinum mines as it seeks to diversify its asset base; Amplats wants to divest three Rustenburg mines and its Union asset as it prioritizes shallower and more mechanized operations.
Sibanye Gold seeks to buy Amplats' Rustenburg mines
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