Froneman hires Rothschild for R6.7bn F1 bid
A CONSORTIUM fronted by former Sibanye-Stillwater CEO Neal Froneman is working with Rothschild & Co on a bid to bring Formula One racing back to South Africa, Bloomberg has…
Does Sibanye-Stillwater need its US mine? Probably not
THE Stillwater palladium mine in Montana has performed many functions under the ownership of Sibanye-Stillwater, the JSE miner. When the group first bought it in 2017 for $2.2bn,…
Can this lowly priced uranium project make big bucks?
A largely unknown mining junior listed on the London Stock Exchange – Neo Energy Metals, whose current share price is less than 1 pence – is on the point of finalising a deal…
For Sibanye-Stillwater, home is where the ore is
SIBANYE-Stillwater got its name as a result of offshore expansion, but following a damaging decline in metal prices that exposed its balance sheet, its new CEO is promising a…
Froneman named chair of struggling Copper 360
FORMER Sibanye-Stillwater CEO Neal Froneman has been appointed chair of Copper 360, bringing one of South Africa’s best-known mining executives into the junior copper producer as…
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.…
Froneman on crime: “Don’t be soft, let’s call it treason”
PUTTING people on special leave is no way to root out crime and corruption, says Neal Froneman, the no-nonsense hard man of South African mining and chair of Business Against…
Froneman says crime “single biggest” threat to SA economy
CRIME isn’t just an inconvenience to doing business, it’s the “single biggest issue we have to address” if South Africa is serious about economic growth, says Neal Froneman,…
Mind the gap: Sibanye-Stillwater plans new era
SIBANYE-Stillwater’s founding CEO, Neal Froneman, was an expert at reinventing mines. In 2013, he took on Gold Fields’s faltering mines following their unbundling, and turned…
It’s time Govt. stepped up to global mining challenges
EVERY year, for the past few decades, the world’s mining heavyweights have come to South Africa at the beginning of February, expressed their displeasure with our overregulated,…
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:…
5 strategic goals Richard Stewart may unfurl for Sibanye-Stillwater
RICHARD Stewart couldn’t have taken over as CEO of Sibanye-Stillwater at a better time. Gold and platinum prices are at record highs which has seen the group’s market value…
SA’s newest gold mine summons Joburg’s colourful history
SOUTH Africa’s gold industry has been dwindling for years. Once supplying 83% of all production outside the Soviet bloc, the country doesn’t feature in the global top 10 today.…
Sibanye-Stillwater agrees R3.7bn out of court deal with Appian
SIBANYE-Stillwater and Appian Capital Advisory have agreed to a $215m (R3.7bn) out of court settlement ending a dispute related to two base metals deals dating back four years.…
Sibanye-Stillwater triples Q3 profits on back of PGMs
THE standout increase in precious metal prices made all the difference to Sibanye-Stillwater which posted a tripling in third quarter earnings (Ebitda). In addition, the…
Duties on Russia’s palladium may support price for longer
AN anti-dumping petition on Russian palladium exports to the US could give a further lift to the metal in 2026 if the measures were supported by the American authorities. In…
Bristow & Froneman: the last of the modern-day Randlords
CHIEF executive turnover is increasing in the world’s mining sector. It rose to 15.1% in 2023 from 14% a year earlier, according to a report by Canada’s Bedford Group. Despite…
Sibanye-Stillwater eyes DRDGOLD in shift to surface mining
SIBANYE-Stillwater would like to increase its stake in its 50.1%-owned tailings miner DRDGOLD as it phases out gold production from its deep level mines. “We normally focus on…
Froneman to lead refreshed DRA Global’s offshore push
DRA Global, the privately-held engineering company, has scored a coup announcing on Tuesday it had hired former Sibanye-Stillwater CEO Neal Froneman. Froneman, who left…