Amplats Reports No Credible Offers for South African Assets Amid Sale Speculations

Anglo American Platinum (Amplats), a subsidiary of Anglo American, has reportedly not received any credible offers for its South African mining assets, including the Amandelbult complex and the Twickenham platinum mine, which is currently mothballed. This information was disclosed by CEO Craig Miller in a conversation with Reuters, amidst ongoing speculation regarding the potential sale of the company's higher-cost operations. The lack of interest in these assets highlights the challenges and considerations facing prospective buyers in the dynamic mining sector, especially in regions with complex operational and regulatory environments.