Deal creates the world’s second-largest platinum producer.
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The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
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Despite its fraught relationship with with the Association of Mineworkers and Construction Union, experts say recent developments play in favour of the company.
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The company, South Africa’s largest gold producer, has run up losses of about 1.6 billion rand ($114 million) and about 110,000 ounces of missed gold output because of the labour action.
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