IN BRIEF: Jubilee Metals sale of chrome, PGM unit gets antitrust nod
Jubilee Metals Group PLC - London-based metal processing company - South African Competition Tribunal has unconditionally approved Jubilee's sale of chrome and platinum group metal operations in South Africa. Jubilee still requires approval from the South African Reserve Bank. Shareholders endorsed the disposal late in August. Early in June, Jubilee said it had received a "conditional binding offer" from a private mining and metals trading company to acquire its South African chrome and PGM business for up to USD90 million, or ZAR1.60 billion. Read More