Sibanye’s Stillwater acquisition progresses as it mulls hiking equity component to $1.3bn

JSE-listed Sibanye is considering increasing the size of the equity component of the Stillwater Mining financing package to $1.3-billion. The group, which reported “good progress” in the $2.2-billion acquisition of Colorado-headquartered mine-to-metals company, initially intended raising between $750-million and $1-billion in the equity capital markets.