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/ 4 September 2007

Angloplat in multibillion-rand BEE deal

The world’s top platinum producer, Angloplat, launched a R35-billion black economic empowerment (BEE) deal on Tuesday to sell mines to two black-led firms and hand out shares to its mostly black workers. The deals will forge two new major players in South Africa’s platinum sector, the world’s largest, and burnish credentials of Angloplat.