Sibanye wins the Deal of the Year award at the prestigious annual Ansarada DealMakers Gala Awards Di

Sibanye wins the Deal of the Year award at the prestigious annual Ansarada DealMakers Gala Awards Dinner

ID: 524901

(firmenpresse) - Sibanye wins the Deal of the Year award at the prestigious annual Ansarada DealMakers Gala Awards Dinner

Westonaria, 16 February 2017: Sibanye (JSE: SGL & NYSE: SBGL - http://www.commodity-tv.net/c/mid,5428,Company_Updates/?v=297063) is pleased to report that its proposed US$2.2 billion acquisition of Stillwater Mining Company(Stillwater) was placed first in the Deal of the Year category at the prestigious Ansarada DealMakers annual gala awards ceremony last night, through a unanimous decision by the judges.

Neal Froneman commenting on the award said: We are honoured to receive this award, which I believe recognises that the proposed acquisition of the US listed Stillwater is a transformative transaction at an opportune time in the commodity price cycle. The acquisition of Stillwaters Tier 1 assets will transform Sibanye into a globally competitive South African mining champion. Sibanye means We are one in isiXhosa and awards such as this and the ability to even consider transformational transactions of this nature, reflect the efforts and achievements of all Sibanye employees.

For more information on the proposed transaction, please refer to the following link, https://www.sibanyegold.co.za/investors/transactions/stillwater-acquisition.

Ends.


CONTACT

James Wellsted
SVP Investor Relations
Sibanye Gold Limited
+27 83 453 4014
james.wellsted(at)sibanyegold.co.za

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info(at)resource-capital.ch
www.resource-capital.ch

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited




Unternehmensinformation / Kurzprofil:
Leseranfragen:

Sibanye ist der größte eigenständige Goldproduzent Südafrikas und einer der 10 größten Goldproduzenten weltweit.



Bereitgestellt von Benutzer: irw
Datum: 17.02.2017 - 07:35 Uhr
Sprache: Deutsch
News-ID 524901
Anzahl Zeichen: 1758

contact information:
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Wien



Kategorie:

Business News



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