Sibanye moves to lessen impact of Amplats force majeure

2020-03-17 14:08

Sibanye-Stillwater, the world's leading producer of platinum group metals, on Tuesday announced that it would provide smelting capacity at its Marikana operations to offset a force majeure declared by Anglo American Platinum nearly two weeks ago.

SA is running out of time to attract investment, says Sibanye CEO

2020-02-03 09:40

President Cyril Ramaphosa may be running out of time to enact the reforms required to attract significant investments in the mining industry.

Sibanye completes Marikana restructuring, cuts 1 142 jobs

2020-01-16 16:31

Mining Group Sibanye-Stillwater [ has completed the restructuring of its Marikana operations, in a process that saw 1 142 workers lose their jobs.

Giant investment banks are exiting South Africa - but one analyst thinks they may be bailing at the bottom

2019-12-04 17:03

Some of the world’s biggest investment banks are leaving or scaling down their operations in SA.

If you bought Implats at the start of the year, your money would have almost tripled – here are the other big winners (and losers) in 2019

2019-10-07 08:05

In dollar terms, the JSE has been one of the worst performers in the world this year.

Implats, Sibanye charge back into Top 40 - while Aspen, Sappi drop out

2019-09-06 08:53

Implats has been in and out of the Top 40 index over recent years.

AMCU says Sibanye is provoking a strike

2019-08-13 13:11

South Africa’s Association of Mineworkers and Construction Union is making “slow, steady” progress on wage talks, but the offer from the former Lonmin operations was provoking a strike, its president said.

Sibanye is now the world's no. 1 platinum miner

2019-05-30 06:58

With the acquisition of Lonmin, Chief Executive Officer Neal Froneman has completed Sibanye’s transformation to a giant of SA's key platinum sector.

Lonmin plans to cut 4 100 workers as it closes platinum mines

2019-05-21 05:01

Lonmin plans to cut 4 100 workers at mines that have run out of profitable ore and are being closed.

Public Investment Corporation said to be concerned by Sibanye offer

2019-05-17 12:16

The Public Investment Corporation, whose 30% stake in Lonmin is enough to block the miner’s planned takeover by Sibanye Gold, is concerned that the value of the all-share deal has been eroded, according to a person familiar with the matter.


Sibanye returns to profit, puts labour strikes behind it

2020-02-19 14:51

Sibanye posted a R603.5m profit for the six months ended in December 2019, representing a more than R750m comeback from the R170.7m loss reported in December 2018, while its EBITDA jumped 79% to R15bn.

The price of palladium is absolutely exploding – here’s why that's good news for South Africa

2020-01-21 05:45

The silvery-white metal primarily found in South Africa and Russia has almost doubled in the past year.

‘South Africa is coming back.’ Almost half of Bank of America’s top EEMEA shares for 2020 are listed on the JSE

2020-01-07 16:50

These include Sibanye, Angloplat, Gold Fields, Harmony, African Rainbow Minerals and Implats, which already jumped 290% in 2019.

PIC increases stake in Sibanye to 10%

2019-10-24 16:52

The Public Investment Corporation has increased its shareholding in mining giant Sibanye-Stillwater from 9.3% to 10%.

Sibanye plans new JSE-listed holding company

2019-10-04 19:33

Sibanye Stillwater - the world's biggest producer of platinum, the second-largest palladium producer and a major gold miner – plans to restructure its holding structure.

TECHNICAL ANALYSIS: Sibanye stock breaks out of bullish pattern

2019-08-14 07:44

Mining stock Sibanye has a significantly higher target having broken out of a large, bullish chart pattern.

SA loses African gold crown to Ghana

2019-06-10 05:00

South Africa, which led global gold production for a century and extracted about half the bullion ever mined, is now Africa’s second-largest gold producer.

Public Investment Corp faces dilemma over backing Lonmin deal

2019-05-23 07:42

The state-owned asset manager faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner.

Court dismisses AMCU's job loss appeal on Sibanye-Lonmin merger

2019-05-17 15:46

Judge Dennis Davis on Friday dismissed an appeal by the Association of Mineworkers and Construction Union (AMCU) who wanted an aproval by the Competition Tribunal for a merger between mining companies Sibanye-Stillwater and Lonmin set aside.

Lonmin CEO still backs Sibanye offer even as profit rebounds

2019-05-10 14:43

While some analysts have questioned the value of Sibanye’s offer, Lonmin Chief Executive Officer Ben Magara continues to recommend it, saying the rebound in earnings isn’t sufficient to resolve the company’s long-term challenges.

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