Sibanye Gold won't pay dividend for first time as it posts loss

2017-08-30 12:14

Sibanye Gold says it won’t pay an interim dividend for the first time since it began trading in 2013 as it reported a first-half loss.

NUM lashes out at jobs 'blackmail' of mining firms

2017-08-03 20:12

The National Union of Mineworkers is deeply worried about the possible retrenchments of thousands of workers at Sibanye Gold's operations in South Africa.

Illegal strike at Cooke Mine sees Sibanye lose R160m

2017-06-30 11:24

Sibanye Gold estimates that its Cooke Mine situated in Randfontein in Gauteng lost 300kg of gold production, equivalent to R160m during a four-week unprotected strike.

Amplats gets leaner and meaner

2017-02-19 06:02

Anglo American Platinum has consummated the last major transaction on its way to becoming a far smaller, but more profitable company.

Sibanye one step closer to sealing Stillwater mining deal

2017-01-19 14:22

Sibanye Gold is one step to closer to acquiring Stillwater mining after meeting an antitrust condition, according to a Sens statement.

Sibanye dips 20% on platinum deal

2016-12-11 06:14

Sibanye Gold’s shares have dropped nearly 20% as investors fretted that the company was paying too much for a US platinum and palladium producer.

Presidency hits back at ‘attack’ on Zuma by mining execs

2016-10-06 13:16

The Presidency says it is concerned with the "relentless public attacks" on President Jacob Zuma.

Mines must rectify apartheid injustices - Sibanye CEO

2016-10-05 08:38

The failure of South Africa’s mining industry to rectify the injustices of its apartheid-era past is in large part to blame for today’s difficult operating environment, said Sibanye CEO.

Gold diggers turn to waste dump for nuggets as output drops

2016-09-21 07:04

With gold output in South Africa mired in a multiyear decline, the country’s biggest producer is turning to an overlooked and cheaper source of supply: the dump.

Sibanye heads for record drop

2016-08-25 16:42

Sibanye Gold has headed for the biggest drop on record as safety stoppages meant the miner produced less of the precious metal than it could have in the first quarter.


Rand recovery punishes SA's ageing, costly gold mines

2017-08-17 17:32

A big rebound in the rand has turned SA’s biggest gold producer from churning cash a year ago to making losses and shutting mines.

Gold mining bloodbath continues as Sibanye eyes 7 400 job cuts

2017-08-03 11:32

The mining bloodbath is continuing, with Sibanye Gold announcing a restructuring plan that could see about 7 400 jobs being cut.

Sibanye to raise $2bn in equity, debt for Stillwater deal

2017-04-18 11:59

Sibanye Gold plans to raise $1bn from shareholders and a further $1bn in debt, most likely bonds, to pay for the acquisition of Colorado-based Stillwater Mining.

Mining firms told to put safety above output

2017-02-09 13:36

Mining companies globally have a responsibility to make sure increased productivity doesn’t increase fatalities and accidents, says an industry expert.

We are not at war with Sibanye - Zwane

2017-01-19 12:49

Section 54 mine stoppage notices issued by the Department of Mineral Resources are not intended to impact economic growth, according to Mines Minister Mosebenzi Zwane.

Sibanye to buy highest-grade platinum deposit for $2.2bn

2016-12-09 11:21

Sibanye Gold has agreed to pay more than its market value for Stillwater Mining in a $2.2bn deal that would see the SA miner take charge of the highest-grade deposit of platinum-group metals.

Corruption erodes investment opportunities - mining CEO

2016-10-05 20:30

Mining companies can build a solid business, however, investors are most perturbed by corruption, says Steve Phiri, CEO of Royal Bafokeng Platinum.

Sibanye shares drop after union attack stops operations

2016-10-04 11:55

Work at Sibanye Gold's Cooke mine has been suspended after two NUM members were left in a critical condition after being attacked.

NUM to strike against job cuts at Sibanye Gold

2016-09-05 17:26

The National Union of Mineworkers plans to march against planned retrenchments at Sibanye Gold's loss-making Cooke 4 mine.

Sibanye profit soars on higher gold price

2016-08-25 10:42

Sibanye Gold's earnings have climbed more than sixfold and the miner has raised its dividend as a rising bullion price and a weak rand boosted profit margins.

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