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�� � w !1AQaq"2�B���� #3R�br� A merger between Sibanye Gold Ltd (ADR)(NYSE:SBGL) and Stillwater Mining Company (NYSE:SWC) has been concluded at a cost of $2.2 billion.
Shareholders of both precious metals miner Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) and struggling rival Lonmin (LON:LMI) Sibanye-Stillwater said that 87% of its shareholders backed the all-share offer, which it revised down in April, valuing the smaller miner at 226 million pounds ($286 million), 60 million pounds less than initially offered.Later in the day, the majority of Lonmin’s shareholders The deal establishes the Sibanye-Stillwater Group as the world’s largest platinum producer and the second-biggest palladium miner“We are pleased to have received the overwhelming support of both sets of shareholders for the Lonmin transaction,” Sibanye-Stillwater CEO Neal Froneman said in For Sibanye, it is just one more of many deals struck by chief executive officer Neal Froneman who has transformed the gold miner by expanding its operations into the platinum-group metals sector.
Chile-owned copper giant Codelco plans to invest $400 million in a molybdenum processing plant and to maximize its market value amid a legal dispute with global miner Anglo American. %PDF-1.5 JZJ (��b JZJ (�� (�� J(�� 4 0 obj (��EPEPEP! Under pressure from human rights groups, China's biggest cobalt refiner has decided to temporarily stop sourcing from artisanal mines. (��`��� QE �QE (���%-% -��}C���uKm� P� �?�&��IX�0h��(�4��IG0X������,`�[�Q�0i+~��`��I[�Q�0(��(�V�s endobj ¢��-� 礟��Q��o� =$���P���o� =$���Q��o� =$�?0���[��'��b�� �I?O�:Z��ŷ� ��~��G�-������ Sibanye Gold will remain in the index as detailed above. (���QG0X種��9��;Et4Q�9�+���`��Q] s�z��h��V9�J�h��,s�WCIG0X種��9��=Et4Q�9�+���0X�(���9��;EtTQ�9�+���aX�(����`���WGE�c���*(����G0X�)+���`���]%s��n��)(��n�]%�`��Q]%s�n��J)��n��(��V9�+���p��RWMIG8X樮��9��sT���G8r��%t�9Ô�h���|��9�+���8�Nj��j)�)�Զ�������CO��|��I�,��
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