Impala Platinum (Implats) has reached an agreement with the Public Investment Corporation (PIC) to acquire its stake in Royal Bafokeng Platinum (RBPlat). The PIC has sold its 9.26% share, which lifts Implats’ stake in the mid-tier miner to 55.46%. Business Day TV asked CEO Nico Muller what holding the majority stake in RBPlat means for Implats.
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