http://www.miningweekly.com
R/€ = 15.91 Change: -0.02
R/$ = 14.03 Change: -0.02
Au 1339.42 $/oz Change: -2.36
Pt 825.04 $/oz Change: 3.79
 

Topic

Sibanye-Stillwater commences consultation with stakeholder’s regarding possible restructuring at its gold operations and associated services (84.5k)

18th February 2019 Sibanye-Stillwater advises that it will enter into consultation with relevant stakeholders in terms of Section 189A (Section 189A) of the Labour Relations Act, 66 of 1995 (LRA), regarding the possible restructuring of its gold operations and associated services, pursuant to ongoing financial... 

Platinum odd one out in expected PGMs growth – analyst

By: Cameron Mackay     8th February 2019 Aside from the relative lag in demand and price for platinum, the other platinum group metals (PGMs) – osmium, iridium, ruthenium, rhodium and particularly palladium – are expected to develop a stronger presence in the markets after a strong 2018, says global precious metals mining company... 

Sibanye banks on US mines, high palladium price as South African strike spreads 

By: Marleny Arnoldi     15th January 2019 In response to the Association of Mineworkers and Construction Union’s (AMCU’s) secondary strike action announcement, Sibanye-Stillwater CEO Neal Froneman on Tuesday said the company had been preparing its local platinum operations for this outcome and had contingency plans in place. AMCU on... 

Sibanye, Lonmin merger hearing postponed to November 

By: Creamer Media Reporter      17th October 2018 The Competition Tribunal's hearing into the proposed merger between precious metals miner Sibanye-Stillwater and platinum miner Lonmin has been postponed to November, the tribunal reported on Wednesday. The hearing was meant to start on October 18 but has been "postponed in agreement with all... 

Tribunal to consider Sibanye, Lonmin merger at Oct 18 hearing

By: Tasneem Bulbulia     9th October 2018 The Competition Tribunal will hold hearings into the proposed merger between Sibanye-Stillwater and Lonmin on October 18 and 19. Precious metals miner Sibanye in December made an all-share offer to acquire platinum group metals producer Lonmin, with the offer valuing Lonmin at about R5.15-billion. 

Bokamoso Ba Rona Initiative seeks programme manager

By: Tasneem Bulbulia     1st October 2018 Precious metals miner Sibanye-Stillwater, the West Rand Development Agency, the Gauteng Infrastructure Financing Agency and the Far West Rand Dolomitic Water Association (FWRDWA) have issued a request for qualification (RfQ) for a suitability qualified programme manager for the multistakeholder... 

Sibanye highlights Lonmin, DRDGold deal attractions at Denver

By: Martin Creamer     26th September 2018 The progressing Lonmin acquisition and the already done DRDGold deal have been highlighted to the Denver Gold Forum by Sibanye-Stillwater, which is currently hosting investors and analysts at its Stillwater mine in Montana. The forum heard how the Lonmin acquisition would add significantly to... 

Sibanye, partners in agroindustrial initiative in Gauteng

By: Natasha Odendaal     21st September 2018 A multistakeholder initiative will see the development of prototype large-scale agriculture and bio-energy agri-industrial hub on 30 000 ha of land across the Merafong City local municipality and Rand West local municipality, in the greater West Rand district. This follows the signing of a... 

Multistakeholder initiative to see the development of an agri-industrial hub in Gauteng

By: Natasha Odendaal     14th September 2018 A multistakeholder initiative will see the development of prototype large-scale agriculture and bio-energy agri-industrial hub on 30 000 ha of land across the Merafong City local municipality and Rand West local municipality, in the greater West Rand district. This follows the signing of a... 

Resources Watch  

6th September 2018 Global mining showing interest in Master Drilling’s new technology; And, Sibanye expects Lonmin competition finality October 

Gwede Mantashe tweet is sentiment boost for problem ridden South African mining

By: Martin Creamer     31st August 2018 Shakespeare noted that there is a tide in the affairs of men, which taken in the flood, leads to a fortune. Last week’s great tweet by Mineral Resources Minister Gwede Mantashe urging South Africans to celebrate their wonderful treasure chest of mineral wealth has been taken in the flood and... 

Resources Watch  

30th August 2018 Rapid Moab integration boosts Harmony Gold’s cash flow; Nothing comes before safe production, says Sibanye-Stillwater; and, Free gold on cards at Harmony’s Wafi-Golpu project 

Sibanye expects Lonmin competition finality October 

By: Martin Creamer     27th August 2018 Precious metals mining company Sibanye-Stillwater expects Competition Commission finality on its proposed acquisition of platinum company Lonmin in October, following the closure of its transaction with surface gold mining company DRDGold, which is expected to make a positive contribution to... 

Nothing comes before safe production – Sibanye-Stillwater 

By: Martin Creamer     23rd August 2018 Precious metals mining company Sibanye-Stillwater on Thursday spent the most part of its half-year presentation of financial results reiterating ongoing commitment to safe production and taking safety to the next level. The Johannesburg- and New York-listed company, which reported 26%-higher... 

Illegal mining worth R7bn a year – PwC

By: Martin Creamer     14th June 2018 The value of illegal mining and dealing of metals and diamonds in South Africa is estimated to be more than R7-billion a year, says PwC. In its latest edition of SA Mine, the professional services firm equates this to revenue generated from 430 000 oz of gold at the current market price. 

On-The-Air (18/05/2018) 

By: Martin Creamer     18th May 2018 The lives of hundreds of thousands of people will be impacted negatively if Lonmin Platinum is forced to close; urgent action is needed to save the company. The short spell of mining hope that South Africa experienced earlier this year have been dashed, Shadow Minerals Minister James Lorimer told... 

Mind the gap: Can subway and landmine technologies save South African platinum?

By: Reuters     16th May 2018 Technologies used to carve subways and clear landmines are being retooled to mechanise South Africa's platinum mines, where an unforgiving geology has stymied such efforts at a huge cost. The technologies may make new mines profitable and could provide a lifeline for some loss-making shafts in a... 

Miner Lonmin narrows first-half loss, cuts annual spending target

By: Reuters     14th May 2018 Lonmin said on Monday it narrowed its first-half operating loss and lowered its spending target for the year as the platinum miner prepared for a merger with Sibanye-Stillwater, The London-listed miner, which is being bought by Sibanye-Stillwater, reported a first-half operating loss of $32... 

S African foundry aims to expand footprint in North America 

By: Donald Makhafola     11th April 2018 The capacity of some aspects of the smelting industry in North America, such as the steel sector, has significantly deteriorated in the past 25 years, as a result of Chinese companies dominating the market and supplying cheaper products, says South Africa-based foundry and engineering company... 

Strong rand eroding South African gold mines’ margins 

By: Natasha Odendaal     6th April 2018 While the strengthening of South Africa’s rand against the dollar in recent months has been widely welcomed by many, it has somewhat dampened the outlook for exporters and mining firms reliant on a weakened currency to widen margins. For South Africa’s gold mining industry, the resultant decline... 

Strong rand eroding South African gold mines’ margins 

By: Natasha Odendaal     6th April 2018 While the strengthening of South Africa’s rand to the dollar in recent months has been widely welcomed by many, it has somewhat dampened the outlook for exporters and mining firms reliant on a weakened currency to widen margins. For South Africa’s gold industry, the subsequent decline in the... 

Lonmin transaction filed with South Africa’s competition body

By: Marleny Arnoldi     16th March 2018 Precious metals producer Sibanye-Stillwater has filed a submission with the South African competition authorities regarding the proposed R5.15-billion acquisition of platinum group metals (PGMs) producer Lonmin.  

Resources Watch  

1st March 2018 South Africa falls to small percentage of AngloGold output And, Froneman calls for collective action towards zero harm in fatality-plagued mining business 

Froneman calls for collective action towards zero harm in fatality-plagued mining business 

By: Martin Creamer     22nd February 2018 A strong call to action was made by Sibanye-Stillwater CEO Neal Froneman on Thursday for a common purpose towards zero harm in South Africa's mining industry, where rising fatality numbers are causing great concern. Froneman said a point had been reached where management on its own could not make... 

Sibanye-Stillwater’s gold, platinum reserves decrease

By: Dylan Slater     19th February 2018 Precious metals producer Sibanye-Stillwater on Monday reported that its South African gold reserves had decreased by 10% year-on-year to 25.74-million ounces as at December 31, while its total platinum, palladium, rhodium and gold, or 4E, platinum group metal mineral reserves had declined by 4%... 

Increasing demand is platinum solution – Amplats

By: Martin Creamer     6th February 2018 Platinum group metals (PGMs) react positively to the amount of money spent on marketing, in a similar way to diamonds, Anglo American Platinum CEO Chris Griffith said on Tuesday. Speaking during a panel discussion on day two of the Mining Indaba, Griffith said PGMs were unlike copper, coal or... 

Sibanye-Stillwater achieves positive FY17 operating results

By: Simone Liedtke     5th February 2018 Precious metals producer Sibanye-Stillwater produced 1.4-million ounces of gold in the year ended December 31, exceeding guidance of 1.35-million to 1.38-million ounces. In a trading update published on Monday, the company reported that gold production for the second half of the year was 4%... 

DRDGold thumbs nose at lower gold price as output ups earnings

By: Martin Creamer     1st February 2018 Gold tailings retreatment specialist DRDGold is set to report higher earnings on higher production that cocked a snook at the lower gold price in the six months to December 31. Earnings a share are poised to be between 14.16c and 14.64c for the six months ended December 31, compared with 0.6c for... 

Resilient Lonmin delivers sturdy output, extracts cash from tailings

By: Martin Creamer     22nd January 2018 Embattled but resilient platinum company Lonmin, which is enthusiastically embracing the Sibanye-Stillwater’s offer made to it, did all its stakeholders proud in the fatality-free first quarter of its new financial year by putting in a sturdy operational performance that saw sales rise 9%,... 

Sibanye-Stillwater to acquire embattled Lonmin, completes PGMs strategy

By: Mia Breytenbach     14th December 2017 Precious metals mining company Sibanye-Stillwater has made an all-share offer to acquire platinum group metals (PGMs) producer Lonmin. The offer values Lonmin at about £285-million, or R5.15-billion. 

Sibanye creates gold tailings deal with DRDGold 

23rd November 2017 Precious metals company Sibanye-Stillwater and gold tailings retreatment company DRDGold are coming together to create an industry-leading surface mining partnership. Mining Weekly editor Martin Creamer speaks with Creamer Media's Sashnee Moodley about the proposed deal. 

Sibanye declares US resource under Proudly South African code

By: Martin Creamer     14th November 2017 Precious-metals mining company Sibanye-Stillwater has completed a Competent Person’s Report on its platinum group metals (PGM) mineral assets, in Montana, in the United States. The report has been compiled under the South African Code for the Reporting of Exploration Results, Mineral Resources... 

Illegal mining, illegal strikes take massive jobs toll at Cooke gold mine on West Rand

By: Martin Creamer     10th November 2017 The Cooke lesson must be taken to heart and South Africans should stand together to ensure that there is no recurrence of the needless job destruction that has taken place at the West Rand gold mine, where public statements about the dangers of illegal mining were made repeatedly, but the... 

Mining technology gets boost from new Wits-Sibanye partnership

By: Martin Creamer     9th November 2017 Mining technology is being given a Fourth Industrial Revolution boost through the new partnership struck between precious metals mining company Sibanye-Stillwater and the Wits Mining Institute. Wits Mining Institute director Professor Fred Cawood outlined in a news release on Thursday that... 

PIC secures 10.83% stake in Sibanye-Stillwater

By: Natasha Odendaal     3rd November 2017 Gold miner Sibanye-Stillwater on Friday confirmed that it had received formal notification that the State investment arm, the Public Investment Corporation (PIC), has acquired a stake in the JSE-listed firm. The total interest held by the PIC amounts to just under 10.83% of the total issued... 

Cooke underground closes but 1 640 Beatrix jobs saved – Sibanye

By: Martin Creamer     1st November 2017 The underground mining operations at the Cooke 1, 2 and 3 gold mining shafts on the West Rand have been placed on care and maintenance resulting in the retrenchment of 2 025 employees, in addition to the 1 350 who took voluntary separation packages, precious metals mining company... 

Sibanye-Stillwater avoids closure of certain South African PGM business units

By: Anine Kilian     16th October 2017 The closure of Sibanye-Stillwater conventional business units has been averted. Sibanye-Stillwater previously indicated that between 200 000 oz/y and 300 000 oz/y of platinum, palladium, rhodium and gold, or 4E platinum group metals (PGMs), capacity could be cut, should some conventional shafts... 

New brand to be showcased at event

29th September 2017 Mining company Sibanye-Stillwater will be showcasing its newly launched brand as a mining industry partner sponsor at The Joburg Indaba, which will be held at the Inanda Club, in Sandton, from October 4 to 5.  

First
Prev
1
2 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close