Implats lifts stake in RBPlat to 40.11%

19th September 2022 By: Marleny Arnoldi - Creamer Media Online Writer

JSE-listed Impala Platinum (Implats) has acquired a further 2.6-million shares, or 0.92% ownership, in fellow platinum miner Royal Bafokeng Platinum (RBPlat).

Implats now holds a 40.11% stake in RBPlat.

The company has made an offer to acquire all RBPlat shares it does not already own.