Loading ...Sibanye Stillwater (JSE: SGL) (NYSE: SBGL) said on Monday that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (NYSE: NEM) and Barrick Gold (TSE: ABX) (NYSE: GOLD), or risk being acquired.
Chief executive Neal Froneman said he believed that combining his company with Gold Fields (JSE, NYSE: GFI) and AngloGold (JSE: ANG) (NYSE: AU) would be in South Africa’s national interest, Johannesburg-based Business Day reported.