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MADAGASCAR/SOUTH AFRICA: Decision regarding establishment of joint venture to undertake a proposed $2,250,000,000 nickel/cobalt project is tentatively scheduled to be made by the end of 2005, IMPALA PLATINUM HOLDINGS LTD. (IMPLATS) [South Africa] & DYNATEC CORP. [Canada] - Order #: 077505.

Publication: WWP-Business Opportunities in Africa & the Middle East
Publication Date: 01-JUL-05 		Format: Online - approximately 491 words
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

South Africa-based IMPALA PLATINUM HOLDINGS LTD. (IMPLATS) has been struggling to expand its platinum business under the domination of its larger rival ANGLO AMERICAN PLATINUM. As a result, the company is now said to be considering a nickel and cobalt project in Madagascar that would be implemented in a 50:50 joint venture with DYNATEC CORP. of Canada.

The envisioned project, dubbed Ambatovy, would reportedly involve digging a mine in the...

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