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Sibanye Gold Changes Name to Sibanye-Stillwater
Sibanye Gold announced on August 30 that it has changed its trading name to Sibanye-Stillwater. The name change reflects Sibanye's acquisition of Stillwater Mining, a producer of platinum group metals with mining and processing operations in south-central Montana in the US. Planning for the acquisition was announced on Dec 9, 2016, and the transaction closed on May 5, 2017, after which Sibanye began incorporating Stillwater's operating results into its financial reporting. The timing of the Stillwater transaction has proven to be opportune for Sibanye, with palladium prices being among the top performing commodities prices in 2017.
Sibanye Gold Changes Name to Sibanye-Stillwater
Sibanye Gold announced on August 30 that it has changed its trading name to Sibanye-Stillwater. The name change reflects Sibanye's acquisition of Stillwater Mining, a producer of platinum group metals with mining and processing operations in south-central Montana in the US. Planning for the acquisition was announced on Dec 9, 2016, and the transaction closed on May 5, 2017, after which Sibanye began incorporating Stillwater's operating results into its financial reporting. The timing of the Stillwater transaction has proven to be opportune for Sibanye, with palladium prices being among the top performing commodities prices in 2017.
Sibanye Gold Changes Name to Sibanye-Stillwater
2017
Article (Journal)
English
Sibanye Gold Acquiring Stillwater Mining in $2.2B Cash Deal
Online Contents | 2017
Sibanye Gold acquiring Stillwater Mining in $2.2b cash deal
Online Contents | 2017
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