Treger eyes break-up of platinum producer Sylvania
"As part of this process the company should consider the merits of
spinning off its Northern Limb, Everest North and iron ore mining projects."
Africa Asia Capital (AAC) – Sylvania's largest shareholder – has major ties to
listed miner Eurasian Natural Resources Corporation (ENRC) and is seen by
many as a natural fit for a buyer. Platinum has the lowest extraction costs
in the mining sector because it is processed by treating chrome dumps.
It costs roughly $400 (£246) to produce Read more [...]