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Neo Energy advances Beisa acquisition from Sibanye-Stillwater
Uranium developer Neo Energy, through its 70% majority owned South African subsidiary Neo Uranium Resources Beisa Mine (NURB), has signed a further ancillary acquisition agreement with Sibanye-Stillwater subsidiary Sibanye Gold Limited (SGL) for its acquisition of the Beatrix 4 mine and shaft complex, the processing plant complex and associated infrastructure located in the Witwatersrand basin, in the Free State. A sale of immovable property agreement has been signed by both NURB and SGL, under which NURB has agreed to acquire the land upon which the Beisa uranium project and associated mining right extends over.
Uranium developer Neo Energy, through its 70% majority owned South African subsidiary Neo Uranium Resources Beisa Mine (NURB), has signed a further ancillary acquisition agreement with Sibanye-Stillwater subsidiary Sibanye Gold Limited (SGL) for its acquisition of the Beatrix 4 mine and shaft complex, the processing plant complex and associated infrastructure located in the Witwatersrand basin, in the Free State. A sale of immovable property agreement has been signed by both NURB and SGL, under which NURB has agreed to acquire the land upon which the Beisa uranium project and associated mining right extends over.
