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Sibanye Gold expands platinum assets by buying Stillwater in $2.2bn deal

Cecilia Jamasmie | December 09, 2016 | 5:50 am Base Metals Energy Precious Metals Africa Europe Gold Platinum Uranium 

South Africa’s Sibanye Gold (JSE:SGL) (NYSE:SBGL) is buying Stillwater Mining (NYSE:SWC), the only US platinum producer, in a cash deal worth $2.2 billion, a figure higher than the target firm’s current market value. The miner, the biggest gold producer in...

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