Lonmin: May buy Amplats' share of Pandora mine

Comment on this story
Ben Magara INDEPENDENT MEDIA Lonmin chief executive Ben Magara.

Johannesburg - The chief executive of South African platinum producer Lonmin said on Friday it was considering buying out the rest of the joint venture in the Pandora mine that it operates with bigger rival Anglo American Platinum (Amplats).

“We are the most fitting business to be operating Pandora,” Ben Magara said in a conference call with journalists after the company released its quarterly production update.

Amplats has said it wants to sell its share of Pandora. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines