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Royal Bafokeng Platinum in $74m Maseve deal

Changing Hands

Creamer Media Editor
Black-controlled platinum mining company Royal Bafokeng Platinum (RBPlat) has entered into a $74-million term sheet transaction with Platinum Group Metals (PTM) to acquire the concentrator plant and surface assets of the Maseve mine, including power and water. Both companies on Wednesday announced the two-stage deal in separate releases.

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