PIC secures 10.83% stake in Sibanye-Stillwater

3rd November 2017 By: Natasha Odendaal - Creamer Media Senior Deputy Editor

JOHANNESBURG (miningweekly.com) – Gold miner Sibanye-Stillwater on Friday confirmed that it had received formal notification that the State investment arm, the Public Investment Corporation (PIC), has acquired a stake in the JSE-listed firm.

The total interest held by the PIC amounts to just under 10.83% of the total issued shares of Sibanye.