REUTERS/Siphiwe Sibeko/File photo Aug 21 (Reuters) – South Africa’s Sibanye Stillwater has finalised a 1.8 billion rand ($101 million) gold prepayment deal to raise cash to help repay loans ...

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 ...

JSE- and NYSE-listed Sibanye-Stillwater has refinanced and upsized its rand revolving credit facility (RCF) from R5.5-billion to R6-billion and has also concluded a R1.8-billion gold prepayment ...

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 closure and operational ...

Sibanye has diversified away from its original dependence on aging South African gold mines, initially acquiring platinum-group metals assets and later investing in materials key to the green ...

Sibanye-Stillwater issued a trading statement ... This was partially offset by an increase in the average gold price, but lower forecasted palladium prices have led to a substantial impairment ...

SIBANYE-Stillwater has refinanced its rand revolving credit facility (RCF) increasing it to R6bn and sold R1.8bn of gold forward through a “prepay” arrangement to strengthen its balance sheet.

Sibanye Stillwater is considering sourcing nickel from Prony Resources in New Caledonia for its Sandouville plant in France ...

Sibanye-Stillwater ended a contract with a supplier for its struggling nickel refinery in France as it pivots to producing different materials for electric-vehicle batteries. The South African ...