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Northam Platinum Ltd
BERLIN NOC.BE 10.50 €UR 0.00%
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Northam sells its stake in Trans Hex

On May 09 2016

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Northam sells its stake in Trans Hex

9 May 2016

Northam is pleased to advise that it has disposed of its 20.3% stake in Trans Hex Group Limited (Trans Hex), a listed diamond producer. �The disposal of this non-core holding is in line with Northam�s strategy of rationalising its asset portfolio, and focusing on growing its PGM business into shallow, mechanisable orebodies,� comments Northam chief executive Paul Dunne.

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