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Home » Anglo demerger to gobble US$500 million… as Unki production dips
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Anglo demerger to gobble US$500 million… as Unki production dips

written by Almot Maqolo, Staff Writer 0 comments
Anglo-American Platinum, which is based in South Africa, owns the Zimbabwean platinum company Unki Mine.
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ANGLO American expects the proposed demerger of its platinum group metals operation, Anglo-American Platinum, to consume up to US$500 million in taxes and transactional costs.The simplification of Anglo American’s current portfolio includes the demerger of a portion of its 67 percent stake in Anglo American Platinum.The London-based diversified miner expects the demerger to effective from…

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