dmr , page-6

Pretty sure this hasn't been posted before. I don't think I would have missed This. (If it has, so be it)

Here's the real interesting part.

Anglo Platinum had long owned ‘‘old-order’’ prospecting rights to the nine farms, which were required to be converted to ‘‘new order’’ [by April 30 2009.]

But years before that, prospecting rights were awarded over the nine farms by the DMR to other parties. Three have been claimed by Johannesburg-listed Bauba Platinum, and are now mired in uncertainty. The nine farms fall under the Modikwa joint venture, which dates to 2001, when Anglo Platinum formed a 50:50 entity with Johannesburg-listed African Rainbow Minerals, (ARM).

If true, it sure does explain what is going on.


http://www.citizen.co.za/citizen/content/en/citizen/business-news?oid=180681&sn=Detail&pid=146848&Has-the-DMR-defied-ConCourt--

P.S Macleod. I think he's talking about you.lol.