Status Update: Clearance Acquirer: Sibanye Gold Ltd. (South Africa) Acquired: Stillwater Mining Co. (US) Value: Approx. US$2.2 Billion Industry: Mining UPDATE: According to a press release issued by Stillwater Mining Company, a Colorado based mining company, in relation to its proposed acquisition by Sibanye Gold Limited, a South Africa mining company, “it has … Continue Reading
On Tuesday, January 17, 2017, the Treasury Department’s Office of Foreign Assets Control (OFAC) will publish in the Federal Register a far-reaching amendment to its Sudanese Sanctions Regulations (SSR), 31 CFR Part 538. While styled as a “general license,” the amendment will have the practical effect of terminating the embargo of Sudan that the US … Continue Reading