Sibanye hits new high on BlackRock, gold price boosts

A view of Sibanye-Stillwater’s Marikana operation. Photo credit: Sibanye-Stillwater. The world’s largest asset management firm has lifted its stake in Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) above the 5% threshold, sending the South African miner’s shares to an all-time high.In a press release on Wednesday, Sibanye said it has been advised that BlackRock Inc. (NYSE: BLK) recently bought additional shares in the company to bring its shareholding to 5.001%.Previously, the US investment firm had already been ...