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Sibanye-Stillwater (NYSE: SBGL ) +2.7% pre-market after shareholders easily approved the takeover of Lonmin ( OTC:LNMIF ) to create the world's second-largest platinum producer. More news on: Sibanye Gold Limited, Lonmin Plc, Lonmin Plc, Commodities news, Merger & acquisition ...
Africa's biggest bank says Lonmin ( OTC:LNMIF ) investors should reject Sibanye-Stillwater's ( SBGL -2.7% ) takeover offer because it undervalues the company's assets by as much as $460M. More news on: Lonmin Plc, Sibanye Gold Limited, Lonmin Plc, Commodities news, Merger & acquisi...
Sibanye-Stillwater (NYSE: SBGL ) -3.9% pre-market after Bloomberg reports South Africa's Public Investment Corp. has concerns about the miner's proposed takeover of Lonmin ( OTC:LNMIF ). More news on: Sibanye Gold Limited, Lonmin Plc, Lonmin Plc, Commodities news, Merger & acquisit...
The Johannesburg Labor Court in South Africa has rejected a request by the AMCU platinum and gold sector union to hold an industry-wide strike, miners Anglogold Ashanti (NYSE: AU ), Anglo American Platinum ( OTCPK:AGPPF ) and Lonmin ( OTC:LNMIF ) say. More news on: AngloGold Ashanti Limi...
The International Council of Mining and Metals says it will establish an independent panel to set global standards for tailings dam design and maintenance, in the wake of last month's devastating collapse of a structure in Brazil killed hundreds of people. More news on: Vale S.A., BHP Bi...
Thesis: In this article, I will discuss the operational side problems of Sibanye-Stillwater's ( SBGL ) PGM (read: Platinum Group Metals) business in SA (read: South Africa). These problems include a strike at the company's PGM mines by one of the renowned mineworkers' unions in the count...
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