Sibanye-Stillwater soars on surprise $93 million-move on DRDGold

Precious metals producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has agreed to exchange a number of gold-processing assets and tailings storage facilities for a 38% stake in South African DRDGOLD Ltd. (DRD), in a deal valued at R1.3 billion (roughly $93 million). Shares...