Sibanye-Stillwater Mining News

South African miner Sibanye raises loss estimate by $100 million-plus

"We will further investigate tax planning alternatives to minimise this additional deferred tax," Sibanye's statement said.

South African parliament approves long-delayed carbon tax bill

South Africa intends to play its role as part of the global effort to reduce global greenhouse emissions.

South Africa's AMCU calls on Sibanye platinum workers to join strike

AMCU has been on strike since mid-November over a wage dispute - after losses at some of its mines last year.

Sibanye-Stillwater may cut nearly 6,000 jobs in gold shake-up

Sibanye-Stillwater said it had entered into talks with stakeholders on restructuring its gold operations following financial losses at the Beatrix 1 and Driefontein 2,6,7,8 shafts during 2018.

South Africa's Sibanye-Stillwater may restructure loss-making gold shafts

Gold producers in Africa's most industrialised economy, have seen profits squeezed by rising costs, labour unrest and declining grades.

Sibanye-Stillwater has contingency plans for strike at platinum operations

The new strike would begin on Jan. 22 and involve around 12,500 of its members.

S.Africa's AMCU union to expand Sibanye-Stillwater strike to platinum operations

Since the union downed tools at Sibanye's gold operations in mid-November, four employees have been killed during strike-related violence.

Sibanye-Stillwater expects gold output to miss forecast amid wage strike

The company's gold output in 2018 will be lower than forecast as almost half of the employees stopped working since mid-November in a wage strike.

AMCU strike at Sibanye-Stillwater legal – South African court

AMCU's strike is a protected strike and the AMCU members' constitutional right to strike remains protected.

Lonmin's biggest mining union tries to block Sibanye deal

The all-share deal is likely to lead to more than 10,000 layoffs.

South Africa's AMCU union to remain on strike at Sibanye-Stillwater

The union's Sibanye-Stillwater members remain on strike, disputing the miner's argument the action is now illegal.

Sibanye-Stillwater extends wage agreement to striking gold workers

Potentially putting an end to a strike that has seen almost half of its employees down tools since mid-November.

DRDGOLD begins first phase of Far West tailings project

The South African miner is kicking off this week its Far West gold recoveries project in Gauteng with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into construction of the first phase.

Lonmin turns first profit in four years ahead of Sibanye takeover

Lonmin also said on Thursday it expects Sibanye's deal to close early next year, but cautioned that some uncertainty still exists over its completion.

Sibanye shuts gold mines in South Africa as strike turns violent

Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.

S.African watchdog orders six-month hold on job cuts in Sibanye-Lonmin deal

South Africa's Sibanye has proposed to buy Lonmin for about 285 million pounds ($365 million) to create the world's No. 2 platinum producer.

S. Africa competition tribunal OKs Sibanye acquisition of Lonmin

Deal would create the world’s No.2 platinum producer.

Sibanye-Stillwater signs three-year gold wage agreement with unions

Sibanye-Stillwater currently employs over 32,000 people at its South Africa gold operations.

Lonmin workers ask South African tribunal to stop merger with Sibanye

If approved, merger would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.

Regulus spin-out Aldebaran Resources starts trading

The company shares the same core management team as Regulus Resources and is focused on projects in Argentina.

Gold miner Sibanye's profit plunges after fatal accidents hit output

Shares in Sibanye-Stillwater hit a monthly low on Thursday, down 13.28 percent.

Sibanye, Regulus to jointly develop Argentina’s Altar copper-gold project

The project, located in the San Juan province, is about 10km from the border with Chile, the world’s No. 1 copper producer.

Lonmin in $200m loan deal with state-backed Chinese company

Under the deal, Lonmin will repay most of the loan by delivering platinum and palladium over a three year period to a subsidiary of Jiangxi Copper, China’s largest copper producer.

Sibanye -Stillwater, Lonmin still committed to merger after competition watchdog decision

Sibanye and Lonmin said in a joint statement they remained fully committed to the deal, which is expected to close by the end of the year.

South Africa imposes tough conditions on Sibanye-Lonmin deal

The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.