Anglo American Platinum to dispose of Bokoni Platinum mine

Anglo American Platinum notes the Cautionary Statement released by African Rainbow Minerals Limited (ARM) on 28 October 2021 noting that it is currently in discussions regarding its potential acquisition of Bokoni Platinum Mine from its current owners, Anglo American Platinum and Atlatsa Resources Corporation.

Anglo American Platinum confirms that discussions are ongoing with ARM on the disposal of Bokoni Platinum Mine and the terms of the proposed transaction are yet to be finalised.

The Bokoni Platinum Mine was placed on care and maintenance in 2017 and the objective of the sale process is to identify an appropriate owner with operational, technical and financial capacity, to restart and operate the mine in a safe and sustainable basis, to support economic growth and job creation in the area and the broader Limpopo province.