CAPITAL MARKETS

PlatAust signs second Bushveld deal

HOT on the heels of signing its first South African deal earlier this month, Platinum Australia has announced an agreement with South African group, 24 Rivers Mining to acquire up to 74% of its namesake PGM project in the northern limb of the Bushveld complex.

Andrea Hayward

PlatAust signs second Bushveld deal

Under the agreement PlatAust will pay 24 Rivers 200,000 rand ($43,000) and issue 300,000 shares for the right to earn into the project. It can earn a 30% interest in the 24 Rivers JV with the expenditure...

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