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“They fit into the category of gold producers we have publicly been saying we are looking at,” said James Wellsted, a spokesman for Sibanye. He declined to say whether Sibanye was preparing to make an offer for either company. Combining with AngloGold and Gold Fields would create a rival to the world’s largest producers, Newmont Corp. and Barrick Gold Corp., Sibanye Chief Executive Officer Neal Froneman told Johannesburg-based Business Day earlier on Monday. The veteran dealmaker has acquired platinum and palladium assets since Sibanye was formed by spinning off Gold Fields’ oldest South African mines in 2013. In January, Froneman said he would like to double the size of Sibanye before he retires in two to three years time.

North westSouth africaCape townWestern capeSouth africanJames wellstedNeal fronemanMandi dungwaKagiso asset management ltdNewmont corpBarrick gold corpGold fieldsSibanye chief executive officer neal fronemanJohannesburg based business dayGold fieldKagiso asset management