and keeping the shaft operational. When the market comes back, we can be operational in less than a few months.” The Stillwater East mine, a newer, more productive section of Sibanye-Stillwater ...
By Nelson Banya (Reuters) -South African miner Sibanye Stillwater said on Thursday it will roughly halve its annual U.S.
Sibanye Stillwater (NYSE:SBSW) said Friday it plans to lay off 575 employees at the Kloof 4 shaft in South Africa following a review of its gold operations ... The Kloof mine, which consists ...
Unfortunately for Sibanye-Stillwater, its South African gold mines are edging towards their latter years. Consequently production was down a fifth to 265,179 ounces year-on-year after Kloof 4 shaft ...
South African metals producer Sibanye Stillwater said on Thursday it is close to securing up to $700 million in prepayment deals to shore up its balance sheet after slumping to a half-year loss due to ...
Multinational mining and metals processing group Sibanye ... rand gold price. Gold production was, however, lower year-on-year as a result of the halting in production from the Kloof 4 shaft ...
In addition to PGMs, the company also mines and sells gold. As we know, Sibanye produced ~5,117 kilograms during Q1 2024, an 18% YoY decrease due to the Kloof 4 shaft ... between 7.5 and 8.5 ...
Sibanye Stillwater said on Thursday it had secured an additional 500 million euros ($557.30 million) debt financing to complete a new lithium mine in Finland, forging ahead with the project amid a ...
Lower production and higher unit costs for Sibanye-Stillwater’s SA gold operations following the cessation of production from the Kloof 4 shaft also ... in royalties and mining and income ...
a nickel operation in France and a gold mine in South Africa. Sibanye Stillwater CEO Neal Froneman said in a statement on Wednesday the prepayment deal was a “proactive, strategic financing ...
Sibanye has diversified away from its original dependence on aging South African gold mines – first acquiring PGM assets and later investing in metals key to the green-energy transition.