Sibanye provides $200m financial assistance to Thor US Holdco

June 5, 2017

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JSE- and NYSE-listed Sibanye Gold on Monday announced that it would provide $200-million in financial assistance to indirectly wholly owned subsidiary Thor US Holdco. The gold miner’s $200-million advance will enable US platinum producer Stillwater Mining Company (SWC), which is a wholly owned subsidiary of US Holdco, to settle certain convertible notes.

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