Amplats revealed a shocking 86% loss in its 2015 earnings report. The world's largest metal producer is facing a grim situation of reduced capital expenditure, mine closure, employment cutbacks, and shelving of projects.
Anglo American Platinum
Breaking News
Anglo American Platinum has received a 4.5 billion rand ($385 million) offer for its 49 percent stake in the Bokoni mine in northeast South Africa, a source said on Wednesday, pushing its shares higher.
Primus Power, a provider of low-cost grid-scale energy storage solutions, bagged $20 million for the first close of its Series C round led by South Africa-based Anglo American Platinum Ltd.
Subscribe to VCpost newsletter
Most Popular
- Warren Buffett's Trusted Associate Charlie Munger Dies at 99: What's Next for Berkshire Hathaway?
- Mark Cuban to Sell Majority Stake of Dallas Mavericks to Sands Casino Family for $3.5 Billion
- Personal Finance 101: Types of Personal Bank Accounts
- Amazon Introduces an AI Chatbot for Businessess Called Q
- Global Migration Insights: Fahd Haque's Call for Compassion in U.S. Immigration Law
- Joe Biden Slams Corporations Over Soaring Consumer Prices, Says 'It’s Time to Stop the Price-Gouging'
- Unifying the Digital Landscape: Cardware's End-to-End Platform for Modern Content Management
- Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
