Sibanye, Lonmin merge to create world’s largest platinum miner

Shareholders of both precious metals miner Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) and struggling rival Lonmin (LON:LMI) approved on Tuesday the planned merger of the companies, effectively creating the world’s largest platinum producer and the second-biggest palladium miner. Sibanye-Stillwater said that 87% of its...