Sibanye Agrees To Purchase Stillwater Mining For $2.2 Billion

Name: AGD Australia
Address: 11 Centre Pl, Melbourne, VIC, 3000, AU
Telephone: (03) 9650 8365
Price range: $$$

(Kitco News) – South Africa’s Sibanye Gold Ltd. (JSE: SGL; NYSE: SBGL) is planning to expand into North America, with an agreement to purchase platinum-palladium producer Stillwater Mining Co. (NYSE: SWC) for $2.2 billion — in an all-cash deal — the companies announced Friday.