Development banks seek to revive world’s biggest power project
The planned Grand Inga hydropower complex in the DRC has been stalled for decades.
Mining Weekly reports Northam CEO Glyn Lewis says that the JSE-listed platinum-group-metals (PGM) producer is taking the step to provide its “growing” US shareholder base with a more visible profile. Recent corporate developments have resulted in improved liquidity in the Northam stock, with the free float increasing to 64%.
The company controls its PGM stream from mine to market, and has a total resource base of 110-million ounces of 3PGE plus gold, which it holds this through its long-standing wholly owned Zondereinde platinum mine, and the large Booysendal project.
