PIC’s Sibanye stake rises above 10.7%

19th June 2019 By: Tasneem Bulbulia - Senior Contributing Editor Online

The Public Investment Corporation’s (PIC’s) shareholding in precious metals miner Sibanye-Stillwater has increased to nearly 10.71%, from the previously held 9.89%.

This follows the conversion of Lonmin shares, following the buyout of Lonmin by Sibanye.