As a major relief for Lonmin, the beleaguered South African platinum miner is to be acquired by Sibanye-Stillwater (hereafter referred to as ‘Sibanye’) – a leading gold miner in South Africa, with a growing interest in PGMs – as part of an all-share offer unveiled earlier today. Under the terms agreed, each Lonmin shareholder will receive 0.967 of Sibanye’s shares. Based on the 30-day volume-weighted average price of Sibanye up to 13 December 2017 and an exchange ....