Like Froneman, Sibanye’s Richard Stewart won’t take BS. Good
SIBANYE-Stillwater’s CEO Richard Stewart has rung in the changes in his short tenure at the group, pivoting the group’s focus firmly towards existing portfolio potential,…
Sibanye-Stillwater outlines R20bn project plans for platinum
SIBANYE-Stillwater today outlined R20bn in projects aimed at maintaining a million ounces of platinum group metals production from its underground South African mines until 2050.…
Platinum is back. So why are its miners shunning growth?
WHAT a difference a year makes. In April 2025 the atmosphere at the PGMs Industry Day conference was sombre, with PGM prices still at low levels and the industry facing a cash…
Sibanye-Stillwater cuts gold reserves as Kloof curtailed
SIBANYE-Stillwater’s gold mineral reserves fell 6.3% to 9.4 million ounces at end-December owing to a significant writedown at its Kloof mine in Johannesburg. The…
Sibanye-Stillwater targets R3bn savings in back to basics strategy
SIBANYE-Stillwater has targeted R3bn in cost savings over the next two years as part of newly launched strategy focusing on simplification and organic growth. “Spoiler alert:…
Despite Trump’s antipathy, mining companies will not abandon ESG
This article was first published in The Mining Yearbook 2025 In the US, the second administration of President Donald Trump has been dismantling diversity, equity and inclusion…
Exxaro has turned the corner. So where to from here?
EXXARO Resources CEO Ben Magara is hoping a one-fifth improvement in Exxaro’s share price in following its half-year results August is the beginning of something greater.…
No regrets for high-riding Froneman
SIBANYE-Stillwater, created in 2013 as a spin-off of Gold Fields’ South African assets, has always been defined by its founding CEO, Neal Froneman, a larger-than-life figure who…
The GNU needs to take a leaf out of business’ playbook
EVERY August for the past six years since we acquired the Lonmin operations, I have taken time to reflect deeply as we prepare to commemorate the Marikana tragedy. The primary…
Can Ben Magara make the difference at Exxaro?
WHEN Ben Magara was officially named CEO of Exxaro Resources, people in the room applauded; some even cheered. “They always do that,” an analyst said when asked if the…
What’s behind Sibanye-Stillwater’s chrome deal with Glencore?
SIBANYE-Stillwater’s agreement with Glencore-Merafe Joint Venture (GMV) announced today is designed to generate billions of rands in by-product chrome revenues for the…
Govt accused of genocide in tackling Stilfontein’s illegal miners
AT least 78 bodies and more than 200 survivors have been pulled out of the Buffelsfontein near Stilfontein in South Africa’s North West province since a court on Monday ordered…
Sibanye-Stillwater bags $500m deal with Franco-Nevada
SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will place it in a…
Sibanye-Stillwater PGM miners end illegal sit-in
AN illegal sit-in at the platinum group metal (PGM) operations of Sibanye-Stillwater had ended, the group said on Wednesday evening. All employees exited the Kwezi shaft at…
Sibanye-Stillwater says miners stage underground sit-in
MINING at Sibanye-Stillwater’s Kroondal and K6 platinum group metal (PGM) mines has been disrupted after hundreds of employees staged illegal protest action, the group said on…
Sibanye closes the loss-making 4B shaft at Marikana but minimises job losses
Sibanye Stillwater is to close the 4B shaft at its Marikana platinum operations near Brits affecting 1,496 employees and 54 contractors some five years after the group initially…
PGM cash burn to top $400m without more restructuring
DESPITE a promising ripple in the price of palladium, a much hoped-for recovery in platinum group metal (PGM) prices has so far not materialised. This could have dire results for…
Sibanye-Stillwater to retrench 852 at PGM mines in SA
SIBANYE-Stillwater is to retrench 852 full time employees and contractors at its South African platinum group metals (PGM) mines, it announced on Friday. This follows the…
Sibanye-Stillwater to cut PGM output by up to 60,000 oz/year
SIBANYE-Stillwater is to cut up to 60,000 ounces of annual platinum group metal (PGM) production as part of restructuring plans which were being “wrapped up,” said group CEO Neal…
Wesizwe Platinum miners hold sit-in at Bakubung amid restructuring
A TROUBLED 24 months for Wesizwe Platinum intensified on Thursday when employees, completing their night shift, staged an underground sit-in. The company, which is 45% controlled…