Negotiations will now be held with parties that indicated interest and a statement will be made at the close of business on May 5, the Platinum Rhino Project, which is about 155 kilometers southwest of Johannesburg, said in a statement.
John Hume, the owner of the ranch, failed in his attempts to legalize the trade in rhino horns — which can be sawn off the live animals and grow back — rendering the project too costly to keep running, the company has said. The trade is banned as its use in East Asia for alleged cancer cures and virility boosters led to an illicit market that caused rampant poaching.
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