Froneman says Sibanye-Stillwater will not be “a dinosaur”
IT was the familiar shape of Neal Froneman that took the helm at Sibanye-Stillwater’s interim results presentation earlier this month, but what he had to say about a topic he…
Sibanye-Stillwater puts the financial framework in place for its Finnish lithium mine
SIBANYE-Stillwater has secured a €500m (R10bn) “green” financing package to pay for its proposed Keliber lithium mine project in Finland which is intended to provide lithium to…
ARM weighs reopening of ‘low carbon’ Nkomati Nickel
AFRICAN Rainbow Minerals (ARM) said it was considering different business combinations for its Nkomati Nickel mine, including partnering with “an integrated end-user”. The mine,…
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 decide on fate of nickel refinery, Sandouville
SIBANYE-Stillwater will next month complete a study that will decide the future of its Sandouville nickel refinery open amid a drastic decline in the metal’s price. The nickel…
Nickel pain forcing miners to consider production cuts
BHP is considering options for its nickel operation amid a sharp price correction for the metal last year and warned it could write down the assets. Citing BHP’s production…
How DRDGold could become Sibanye-Stillwater’s most precious asset
DRDGOLD has been kicking around for nearly as long as Joburg has had a mining sector. Only De Beers ranks older, according to CEO Niël Pretorius. The good news for shareholders…
Cable theft worse than loadshedding as Sibanye-Stillwater ebitda halved in first quarter
COPPER cable theft accounted for more platinum group metal (PGM) production losses than power curtailment in Sibanye-Stillwater’s first quarter, it said today. Commenting in a…
Sibanye-Stillwater targets Africa for next leg of battery metals growth strategy
SIBANYE-Stillwater earmarked Africa as a “meaningful contributor to growth” as it sought new ‘green metals’ production this year. Commenting in the Johannesburg-headquartered…
Sibanye-Stillwater to be more circumspect of M&A following rocketing metal prices
SIBANYE-Stillwater has taken a circumspect approach to merger and acquisition activity following an increase in battery metal prices, said CEO Neal Froneman. Commenting in the…
Sibanye-Stillwater holds back on battery metal deals until recession fears subside
AFTER riding the wave of record platinum group metals (PGM) prices since 2015, Sibanye-Stillwater’s last seven months have been a return to terra firma. Firstly, PGM prices have…
Sibanye-Stillwater kicks off R1.7bn fund with strategic stake in European battery Gigafactory
SIBANYE-Stillwater has invested R425m (€25m) in a French electric vehicle battery manufacturer which will be supplied with battery metals mined and processed from assets in which…
Sibanye-Stillwater concludes €85m takeover of Sandouville nickel facility
SIBANYE-Stillwater said today it had completed the €85m (R1.5bn) purchase of Sandouville, nickel processing facilities in France. The transaction was first announced in November…
Sibanye-Stillwater bolsters balance sheet ahead of battery metals deal push in 2022
SIBANYE-Stillwater bolstered its balance sheet ahead of a renewed battery metals acquisition push in 2022 announcing today the terms of a $1.2bn bond. About $700m of the new…
Sibanye-Stillwater signs share purchase agreement for €65m Sandouville deal
SIBANYE-STILLWATER said today it had signed a share purchase agreement (SPA) to buy 100% of the Sandouville nickel processing facility in France, a €65m transaction announced in…
PGM price slide sees Sibanye-Stillwater post R5bn decline in quarterly EBITDA
PLATINUM group metal (PGM) prices had stabilised following a shortage of microprocessing chips earlier in the year which had impacted automotive production, said…
Froneman says Sibanye-Stillwater is hunting for more battery metals M&A
NEAL Froneman, CEO of Sibanye-Stillwater, said the company was planning more transactions in battery metals, possibly in lithium, a mineral the company has priortised. However,…
Sibanye-Stillwater rejects claim it made “big mistake” agreeing JV in US lithium project
SIBANYE-Stillwater’s proposed $490m investment in the Rhyolite Ridge Lithium-Boron Project was termed a “a mistake” by a US non-government organisation which claimed the…
Sibanye-Stillwater to invest $490m in Rhyolite JV in US taking its 2021 battery metals deals to R9.9bn
SIBANYE-Stillwater is to invest $490m for a 50% stake in a joint venture with Australian firm ioneer which is developing a lithium and boron mine in the US described by the South…
Sibanye-Stillwater to buy nickel processing in France for R1.1bn in battery metals push
SIBANYE-Stillwater has followed up a €40m (R695m) investment in lithium project Oy Keliber in Finland with an intention to buy nickel processing facilities in France for €65m…