Northam – Amandebult Mine

Cliffe Dekker Hofmeyr is acting for Northam Platinum, a mining company listed on the JSE and one of the biggest platinum producers in the world.

Our mining team is advising this client in in its acquisition of additional mineral resources from Anglo American Platinum. The deal will be effected though the ZAR 1 billion acquisition of a portion of the Amandelbult Mine.  The Amandelbult transaction will increase the life of Northam's Zondereinde Mine by 10 years, securing an additional 16.7 million ounces of platinum group metals and will bring potential cost savings and reduce mining risks.