Mantengu Mining CEO Miller eyes transformation with Blue Ridge Platinum acquisition

Loading player...
Mantengu Mining, under the leadership of CEO Mike Miller, is poised for transformation with the strategic acquisition of the Blue Ridge Platinum mine. Mantengu Mining, under the leadership of CEO Mike Miller, is poised for transformation with the strategic acquisition of the Blue Ridge Platinum mine. This deal represents a significant opportunity to unlock intrinsic value from distressed assets in a challenging economic landscape. Miller highlighted the plan to utilise Blue Ridge’s million-ton dump of high-grade chrome and PGMs, which could drive substantial production. By adopting a phased approach, Mantengu aims to revitalise the mine while prioritising local job creation and community empowerment. With support from stakeholders like the Industrial Development Corporation, Mantengu is focused on turning Blue Ridge into a profitable and sustainable operation. Miller spoke to BizNews editor Alec Hogg.
10 Oct 2024 10AM English South Africa Investing · Business News

Other recent episodes

How D-Lab is equipping SA youth with ‘shining eyes’ to thrive in the job market

South Africa’s youth unemployment crisis leaves many young people struggling to secure jobs due to limited experience. D-Lab is tackling this challenge by immersing unemployed youth in a virtual business simulator, equipping them with essential digital and workplace skills. In an interview with Biznews, D-Lab co-founders Alison Jacobson and Ayanda…
13 Jun 6AM 22 min

Jabulani Khumalo: Court battle to oust the “crazy thugs” from MKP

Jabulani Khumalo, the real founder of MKP, headed by former President Jacob Zuma, is forging ahead with his legal battle to reclaim the party for its original leaders who had made huge sacrifices to get MKP off the ground and voted for by millions. In his latest interview with BizNews,…
13 Jun 5AM 19 min