Sibanye-stillwater takes additional 12% stake in DRDGOLD for R1bn

PUBLISHED: Fri, 10 Jan 2020 15:23:06 GMT


Sibanye-stillwater, a 38 per cent shareholder in DRDgold, has exercised its option to acquire an additional 12 per cent interest in the company. The mining giant now has a majority stake of just over 50 per cent in DRDGold. Neil Pretorius, CEO of DRDgold joins CNBC Africa for more.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.