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Transforming lives together

04/09/2022

What happened Lonmin PLC?

Table of Contents

  • What happened Lonmin PLC?
  • Who took over Lonmin?
  • Who owns Sibanye?
  • Is Sibanye-Stillwater a good investment?
  • Who owns Stillwater Mine in Montana?
  • Is Cyril married?

What happened Lonmin PLC?

Lonmin plc, formerly Lonrho plc, was a British producer of platinum group metals operating in the Bushveld Complex of South Africa. It was listed on the London Stock Exchange….Lonmin.

Formerly Lonrho plc
Founded 1909 (as the London and Rhodesian Mining and Land Company Limited)
Defunct 2019
Fate Acquired by Sibanye-Stillwater

Who took over Lonmin?

JOHANNESBURG/LONDON (Reuters) – Sibanye-Stillwater and Lonmin cleared the final hurdle to forming the world’s second-largest platinum producer as their shareholders approved the South African firm’s 226 million pound ($286 million)takeover of its London-listed rival.

Who owns Sibanye?

Established as Sibanye Gold Limited in February 2013, the company was created through the unbundling of Gold Fields Limited’s 100% owned subsidiary GFI Mining South Africa Proprietary Limited which owned the Kloof, Driefontein and Beatrix gold mines.

How much did Sibanye pay for Lonmin?

$286 million
Sibanye’s $286 million Lonmin takeover gets all clear from shareholders.

Who owns Sibanye mines?

Is Sibanye-Stillwater a good investment?

Sibanye Stillwater has received a consensus rating of Buy.

Who owns Stillwater Mine in Montana?

Sibanye-Stillwater
Stillwater and East Boulder mines were initally operated by Stillwater Mining Company, which was acquired by Sibanye-Stillwater for $2.2bn in May 2017.

Is Cyril married?

Tshepo Motsepem. 1996Nomazizi Mtshotshisam. 1991–1993
Cyril Ramaphosa/Spouse
Ramaphosa was previously married to Hope Ramaphosa (1978–1989) with whom he has a son, and later married and divorced, the now late businesswoman Nomazizi Mtshotshisa (1991–1993). In 1996, he married Tshepo Motsepe, a medical doctor and the sister of South African mining billionaire Patrice Motsepe.

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