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Tribunal approves sale of Maseve mine to Royal Bafokeng

By:  
Contributing Editor Online
 
PLATINUM
The South African Competition Tribunal has approved the sale of TSX-listed Platinum Group Metals’ (PTM’s) Maseve Investment to Royal Bafokeng Platinum (RBPlat). The first step of the $74-million deal is under way and will see RBPlat pay an initial $58-million in cash to acquire the concentrator plant and certain surface assets of the Maseve mine.  
 
 
 
 
 

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