Amplats Said to Sell Mines for $100 Million, Deferred Payments

  • Announcement on mines sales to Sibanye Gold due Wednesday
  • Deferred amounts to be based on price of the precious metal

Anglo American Platinum Ltd. is set to sell its Rustenburg assets to Sibanye Gold Ltd. for an initial payment of at least $100 million and further deferred amounts based on the price of the precious metal, according to people familiar with the process.

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