Baiyin owns a stake in Sibanye, so why would they support a takeover of Acacia when Banro could be takeover for much less ? http://www.iol.co.za/business/companies/sibanye-to-acquire-gold-one-assets-1565623 >> Neal Froneman, Sibanye's chief executive, formerly ran Gold One where he oversaw its acquisition by a Chinese consortium that included Baiyin Non-Ferrous Group, a subsidiary of the CITIC Group, China's biggest state-owned investment company, and the China-Africa Development Fund. <<
Kevin Jennings use to be the CFO of Acacia when it was known as African Barrick. Wonder where he is going now ?
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