Mining shares

Anglo Platinum launched a R3billion employee share ownership scheme for about 46000 miners. "This trust represents the biggest ownership transaction in the mining industry to date in terms of both value and number of beneficiaries," said Anglo Platinum. Negotiations with labour on the employee share participation scheme started 18 months ago. The scheme involves the establishment of an independent trust and 2,5million Anglo Plats shares go into the so-called Kotula Trust. - Sapa

Anglo Platinum launched a R3billion employee share ownership scheme for about 46000 miners. "This trust represents the biggest ownership transaction in the mining industry to date in terms of both value and number of beneficiaries," said Anglo Platinum. Negotiations with labour on the employee share participation scheme started 18 months ago. The scheme involves the establishment of an independent trust and 2,5million Anglo Plats shares go into the so-called Kotula Trust. - Sapa

X