Sibanye expects Lonmin competition finality October

World News: . []

Precious metals mining company Sibanye-Stillwater expects Competition Commission finality on its proposed acquisition of platinum company Lonmin in October, following the closure of its transaction with surface gold mining company DRDGold, which is expected to make a positive contribution to Sibanye-Stillwater earnings. South African Reserve Bank and UK competition approvals have been obtained on the Lonmin transaction and selected surface assets from Sibanye-Stillwater’s gold tailings retreatment project on the West Rand have been vended into DRDGold.

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