Brief: Bumech Unit Signs Deal To Take Control Of 'Maranda' Mine In South Africa
07/04/2026 14:17
April 7 (Reuters) - Bumech SA BMCP.WA: SUBSIDIARY SIST KAPITAL PTY LTD SIGNS AGREEMENT TO TAKE CONTROL OF MARANDA MINE IN SOUTH AFRICA DEAL WITH BOOYSEN FAMILY TRUST AND MARANDA MINING COMPANY PTY LTD DEAL INVOLVES FORMATION OF TWO JOINT VENTURE COMPANIES TOTAL TRANSACTION VALUE IS 60 MILLION ZAR; ADDITIONAL 120 MILLION ZAR INVESTMENT PLANNED FOR 2026-2028 FOR MINE MODERNIZATION Source text: ID:nEM4fpCf8a Further company coverage: BMCP.WA (Reporting by Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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