Showers early. More sun than clouds. Cool.
CEO Neal Froneman says the mining group is hoping to 'pull the trigger', within six to nine months.
Mining company Sibanye-Stillwater has announced the appointment of two non-executive directors from Chinese mining company Baiyin to its board.
The six companies will payout R5bn in claims and miners will receive between R70 000 and R500 000, depending on which of four categories they fall into.
Investec has acquired a further interest in the ordinary shares of Sibanye-Stillwater.
Strikes at two gold producing companies have shown no sign of abating, with no production taking place at Gold Fields since workers downed tools on November 2. Fin24 takes a look at 2018 in strikes.
Association of Mineworkers and Construction Union Joseph Mathunjwa says the union never accepted Sibanye-Stillwater's "slave wage" deal and the strike at the mine will continue.
The trade union is pressing ahead with a protected wage strike at Sibanye-Stillwater's gold operations, after the company stuck to its offer in the 48-hour notice period.
The drop on Monday was led by the Chinese mainland benchmark which reopened after a week-long holiday to trade significantly lower. The Shanghai Composite Index eventually closed 4.3% lower while the Hang Seng lost 1.39%.
Mining company Sibanye-Stillwater has said it will 'vigorously defend itself' after two US law firms announced they filed class action lawsuits to recover shareholder losses.
Parliament's portfolio committee on mineral resources is demanding answers from Sibanye-Stillwater's managers after the death of four miners, and the disappearance of at least one more.
Sibanye-Stillwater has acquired a majority shareholding in DRDGold, in a deal the company described as creating an industry leading surface mining partnership
The approval by the Gauteng High Court in Johannesburg for a landmark R5bn settlement with ill gold miners has been broadly welcomed by the affected parties.
The Competition Appeal Court of South Africa will hear an appeal by union Amcu against a merger between mining groups Sibanye-Stillwater and Lonmin.
Sibanye-Stillwater could be hit by a another strike, with AMCU preparing for a secondary protest action at the firm’s Rustenburg mines.
Sibanye-Stillwater and Lonmin are seeking an urgent hearing from the Competition Appeals Court, after trade union AMCU filed an appeal against a their merger approval.
The Association of Mineworkers and Construction Union has continued its strike over wages at Sibanye-Stillwater into Monday.
The Mining Forum of SA is heading to the North West High Court, Mahikeng, to have Lonmin's mining licence suspended.
"In my entire 40-year career in mining, I have never experienced anything like this. I am deeply saddened and traumatised to have lost so many Sibanye-Stillwater family members in this way," Sibanye-Stillwater CEO Neal Froneman has said.
Two mining unions are calling for amendments to the Mine Health and Safety Act after yet another death at the Khomanani shaft at Sibanye-Stillwater's Driefontein operations.
The Department of Mineral Resources told Parliament that it had reached consensus that the soon coming Mining Charter would serve as “secondary legislation”.
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