Sibanye-Stillwater cuts gold reserves as rand price hits record
SIBANYE-Stillwater reduced its gold reserves 15.7% following the closure of shafts at its Kloof and Beatrix mines in the last 12 months. This comes as the rand gold price reaches…
Sibanye-Stillwater considering M&A to supplement its SA uranium resources
SIBANYE-Stillwater would like to build its South African resources of uranium through merger and acquisition, said CEO Neal Froneman. “We’re looking more broadly at uranium. We…
SA gold mining is the albatross hanging over Neal Froneman’s Sibanye-Stillwater
SIBANYE-Stillwater concluded an R8bn share repurchase programme earlier this month, but its success belies no small degree of frustration at the gold and platinum group metal…
Sibanye-Stillwater buys up to 3% of own shares for R5bn
SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today. This was in terms of repurchase programme announced in June…
Sibanye-Stillwater says breakout of uranium price to support “ready to roll” Beisa project
THE price of uranium was due a major breakout in the medium-term – a development that would support Sibanye-Stillwater’s plans to embark on commercial production of the mineral,…
Uranium price jumps to highest level since 2014 after concerted fund buying
THE price of uranium has surged to its highest level since 2014 owing to buying pressure exerted by Sprott Inc, an investment firm that is trying to corner the physical market,…
Sibanye-Stillwater could list uranium business as gold M&A ambition put on back-burner
SIBANYE-Stillwater may separately list its uranium assets depending on studies the precious metals company is currently assessing. The company said in an interim results…
Sibanye-Stillwater weighs push into uranium with conversion of Beatrix West gold mine
SIBANYE-Stillwater is considering plans to convert its ageing Beatrix West gold operation in South Africa’s Free State province into a uranium mine as part of a strategy to build…