Anglo Said to Shortlist 10 Possible Buyers for Union Mine

Anglo American Plc, seeking to shrink its platinum business in South Africa, shortlisted about 10 potential buyers for its Union mine and aims to sell it for about $300 million in the first half of next year, according to people familiar with the plans.

Anglo American Platinum Ltd., Anglo’s Johannesburg-based unit, hasn’t yet received any bids from potential buyers, which include Sibanye Gold Ltd. and Northam Platinum Ltd., said the people, who asked not to be named because the information isn’t public.