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What Sibanye-Stillwater’s bond says about its prospects

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SHARES in Sibanye-Stillwater were hammered yesterday as investors took short positions while others bailed on the stock. This was after the precious metals miner announced...

Sibanye-Stillwater unveils $500m bond to finance expansion

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SIBANYE-Stillwater is to issue $500m in convertible bonds which it will use to finance the recently announced $155m acquisition of recycling operations in the...

Platinum price is set to respond to underlying supply deficit

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PLATINUM is expected to end 2023 with a supply deficit of about 1.07 million ounces largely owing to demand which is forecast to be...

Sibanye CEO asks shareholders to hang in for ‘ah-ha’ moment

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SIBANYE-Stillwater will move into net debt next year as capital expenditure from its battery minerals project pipeline ramped up, the miner said in a...

Sibanye-Stillwater says hydrogen catalyst will save iridium market

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SIBANYE-Stillwater said new technology for hydrogen electroysis had been developed potentially reducing reliance on the scarce platinum group metal (PGM) iridium in favour of...

Sibanye-Stillwater bulks up US recycling with $155m Reldan deal

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SIBANYE-Stillwater has spread its global net further afield after announcing today the $155.4m (R2.89bn) acquisition of a US metals recycling business which has joint...

Implats to offer voluntary job cuts as PGM price weakness bites

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IMPALA Platinum (Implats) said it was offering voluntary job cuts to workers at some of its platinum group metal (PGM) shafts in South Africa,...

Sibanye-Stillwater signs 6% wage deal with unions at Kroondal PGM

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SIBANYE-Stillwater today announced a five-year wage deal with unions at its Kroondal PGM (platinum group metal) operations in South Africa with entry level employees...

Sibanye-Stillwater weighs new round of restructuring at Stillwater

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SIBANYE-Stillwater turned in mixed results for the third quarter in which its Australian tailings retreatment business New Century Resources posted a turnaround, but Stillwater...

Amplats agrees to sell Kroondal stake earlier to Sibanye-Stillwater

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SIBANYE-Stillwater has taken 100% control of Kroondal Platinum Mines (KPM) after bringing forward an agreement to buy the 50% stake of its joint venture partner...