The chief executive of Sibanye-Stillwater has floated the idea of South Africa’s biggest mining companies merging to rival the world’s largest gold producers Newmont and Barrick Gold. Neal Froneman said he believed that combining Sibanye with fellow JSE-listed miners Gold Fields and AngloGold Ashanti would be...
As South Africa’s platinum giants continue wage talks with labour unions, it has emerged that producers could push towards a pay settlement figure given to gold miners by Sibanye-Stillwater earlier this year. Sibanye agreed to increase the pay of workers at its three gold mines by...
Sibanye-Stillwater is set to become the world’s largest platinum producer after its US$286 million offer to buy Lonmin was approved by the majority of the struggling PGM miner’s shareholders. Investors owning nearly 99% of Lonmin’s stock voted in favour of Sibanye’s all-share offer, which had been...
Sibanye-Stillwater’s CEO Neal Froneman has revealed that the company will consider changing its primary listing as it explores capital growth opportunities beyond the South African market. “In the future we will probably have to look at our primary listing from the point of view of accessing...