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Northam unveils new $2.2B BEE deal

South Africa’s fourth largest PGM producer Northam Platinum is to forge a new 33.1 billion Rand (US$2.2 billion) black economic empowerment deal after winding up its current BEE vehicle Zambezi Platinum four years early.

Northam unveils new $2.2B BEE deal Northam unveils new $2.2B BEE deal Northam unveils new $2.2B BEE deal Northam unveils new $2.2B BEE deal Northam unveils new $2.2B BEE deal

Northam Platinum is creating a new 33.1 billion Rand black empowerment deal

Northam said it would fast track the buyback of 31.4% of shares in Zambezi.