December 9, 2016 @ 1:59 pm | Jubak Picks Portfolio, SWC |
Stillwater Mining (SWC) has agreed to an acquisition offer from South Africa’s Sibanye Gold (SBGL.) The proposed purchase price of $2.2 billion works out to $18.00 a share for the largest primary producer of platinum and palladium outside of South Africa and...
September 9, 2015 @ 1:44 pm | SWC |
Bad news for the South African platinum sector, which produces about 80% of the world’s platinum. A sharp drop in capital investment beginning in 2008 (when it was an annual $3 billion) and stretching into 2015 (when it was an annual $1 billion) has hit platinum...