The Competition Appeal Court judgment on the merging of Lonmin with Sibanye-Stillwater is expected to be handed down in the Cape High Court on May 17 at 10h00, Mining Weekly Online can today report.
The appeal against the merger was brought by the Association of Mineworkers and Construction Union.
Lonmin CEO Ben Magara said he was not in a position to comment on whether or not the judgment would be handed down next Friday as Lonmin had not been officially informed of this, but from Lonmin’s of view, final merger approval could not come too soon, as the delay was creating anxiety and low morale within the company’s ranks.