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Sibanye Gold not keen on Implats Marula mine

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Johannesburg - South Africa’s Sibanye Gold [JSE:SGL], which says it wants to expand into platinum, said on Thursday it was not interested in Impala Platinum’s [JSE:IMP] Marula mine.

Implats earlier on Thursday announced its intention to sell Marula, which produced 78 500 ounces of platinum in its 2014 financial year, as part of an effort to build cash.

"It is probably too small for our purposes,” said Sibanye spokesperson James Wellsted.

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