Sibanye Stillwater, Montana
Union shares layoff information with Stillwater Mine workers
Union leadership met with Sibanye Stillwater mine workers on Thursday night, in anticipation of 700 layoffs announced by the company, last week.
Sibanye Stillwater to slash production at U.S. PGM operations
Sibanye Stillwater (NYSE:SBSW) +3.5% pre-market Thursday after unveiling plans to restructure its mines in Montana, cutting production of palladium and platinum from the assets by as much as 45% in an attempt to return them to profitability.
Montana community braces for pain of Stillwater Mine layoffs
Many around Stillwater County are bracing for the worst after the Sibanye Stillwater Mine announced that it would be laying off 680 employees.
Layoffs at Sibanye Stillwater in Montana cause ripple effect in local counties
The community is still coping with the news of significant layoffs from Sibanye Stillwater's operations in Montana, affecting facilities in Nye, Columbus, and East Boulder.
Stillwater mine announces massive layoffs and restructuring, blames Russia
The company's "Montana operations lost over $265 million,” Kevin Robertson said. “We have lost an additional $87 million in the first half of 2024 for a total of over $350
Sibanye-Stillwater surges on JSE despite R7bn loss after impairing US PGM ops
The SA PGM operations “delivered another solid performance, increasing production and generating positive free cash-flow” for the period under review, said Froneman.
Sibanye Stillwater planning major restructuring, layoffs at Montana operations
Sibanye Stillwater announced Thursday in a letter to employees that it will undergo restructuring and layoffs at its Montana operations.
Sibanye Stillwater announces pending layoffs of nearly 700 workers in Montana
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Sibanye Stillwater Stock May Have Found The Bottom
Sibanye Stillwater's financials show mixed results, with increased PGM production but lower selling prices. Read why I ...
Mining10d
Sibanye to slash output to turn around US palladium mines
Palladium – the main metal produced at Sibanye’s US operations – is trading at less than a third of its peak in March 2022.
Miningmx2d
Rhyolite Ridge decision looms for Sibanye-Stillwater
A DECISION on whether to invest in up to $245m in Rhyolite Ridge, a lithium/boron mine in the US moved a crucial step forward for Sibanye-Stillwater after the Biden administration published a key ...
montanafreepress10d
Stillwater mine to cut production, lay off 700 workers as low metal prices drive losses
Sibanye Stillwater, the South African company that operates the nation’s only major palladium mine in south-central Montana, ...
kpax9d
'That's our livelihood:' Families prepare for Stillwater mine layoffs
Miners and their families are preparing for the worst after the announcement that Sibanye-Stillwater will be laying off ...
Sibanye considers sourcing nickel for French plant from New Caledonia's Prony
Sibanye-Stillwater said it is studying New Caledonia's Prony Resources as a potential source for nickel it needs to ...
Miningmx3d
Sibanye-Stillwater targets uranium deal in six months
SIBANYE-Stillwater hoped to conclude a deal on its South African uranium resources within three to six months, its CEO Neal Froneman has said. Froneman said in March the company had fielded interest ...