Sibanye-Stillwater Mining News

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.

South Africa's Sibanye launches $400m bond buyback

Sibanye said in a statement that it would fund the tender offer from existing cash resources.

Lonmin's largest shareholder backs takeover by Sibanye-Stillwater

Lonmin has been the biggest casualty in South Africa's platinum mining industry.

South African gold sector wage negotiations deadlock – union

Wage negotiations in the gold sector are at a deadlock and the South Africa's National Union of Mineworkers (NUM) has declared a dispute, a move that is one step short of a strike.

South Africa's Sibanye-Stillwater forecasts first-half profit

Sibanye-Stillwater is due to report half-year results on August 23.

More than 100 South African gold miners treated for smoke inhalation

Hundreds of South African gold mine workers were rescued and over 100 treated for smoke inhalation after an underground fire.

Wheaton closes streaming deal with gold miner Sibanye

The Canadian streaming firm has bought all of Stillwater's gold production for the life of the mine and, initially, also 4.5% of its total palladium output.

South Africa gold producers offer single-digit hikes — document

Producers have been giving above-inflation wage hikes for years, adding to the cost burden of an industry that has been battling in the face of depressed prices, labour unrest and soaring power bills.

Wheaton buys all gold, some palladium from Sibanye US mines

Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana.

Sibanye, Regulus join efforts to develop Argentina’s Altar project

Sibanye Canada and Regulus’ newly formed Argentinean subsidiary Aldebaran Resources will create a strategic partnership to unlock value at the copper-gold project, located in the San Juan province.

Sibanye-Stillwater hit with lawsuit over mounting fatalities, losses

US law firm Bernstein Liebhard said the suit would deal with "misleading statements" made by the precious metals producer, which has had 21 fatalities on its operations so far in 2018.