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

Juanita du Preez: The “Cat” that almost captured the country…

More jaw-dropping details are emerging of the links between underworld boss “Cat” Matlala and law enforcement officers. In her latest interview with BizNews, Juanita Du Preez of Action Society tells Chris Steyn that she felt sure he looked so grim in court the past week because “he thought he knows…
13 Nov 8AM 23 min