South Africa’s Competition Commission has approved the merger of the Buffelsfontein Gold Mine (BGM) and the Tau Lekoa mine, inclusive of the Weltevreden and Goedgenoeg properties, gold and uranium producer Simmer & Jack Mines (Simmers) announced last week.

South African gold major AngloGold Ashanti agreed to sell the Tau Lekoa mine to Simmers for R600-million.


“The news that the Competition Commission has unconditionally approved the transaction brings us yet 
another step closer to concluding this company-transforming acquisition,” Simmers CEO Gordon Miller commented in a statement to shareholders.

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