Sibanye-Stillwater to shut Kwezi shaft in Rustenburg, over 1,100 jobs at risk
Sibanye-Stillwater has begun Section 189 consultations to close its Kwezi shaft near Rustenburg, putting 781 employees and 333 contractors at risk of losing their jobs.
Search
Results for “Sibanye-Stillwater”
- 25
- 5
News
See all 14Sibanye-Stillwater reinstates dividend after three years as PGM prices roar back
Sibanye-Stillwater declared its first dividend in three years on 1 September 2026, paying R5.7bn after H1 2026 EBITDA rose 111% on the back of a 67% rise in its PGM basket price.
Sibanye-Stillwater's SA PGM EBITDA quadruples to R19.2bn on a 67% higher basket price
Sibanye-Stillwater's South African PGM division generated R19.2bn of adjusted EBITDA in the first half of 2026, up 302%, as the 4E basket rose 67% to R43,996 an ounce and production held steady.
Sibanye-Stillwater's renewable power push passes 160MW as miners race to cut Eskom reliance
Sibanye-Stillwater now has about 164MW of contracted renewable capacity operating, part of 835MW of wind and solar deals meant to supply 64% of its South African energy needs by 2028.
Sibanye-Stillwater's Stewart bets the company's future on South African PGMs
Sibanye-Stillwater chief executive Richard Stewart has pivoted the group away from its earlier global diversification strategy back toward its South African PGM operations and a planned doubling of chrome output.
Sibanye-Stillwater appeals US ruling that Russian palladium did no material injury
Sibanye-Stillwater has filed an appeal against the US International Trade Commission's May finding that imports of Russian unwrought palladium did not materially injure the domestic industry.
Deals
Companies
JSE: DRDGoldDRDGoldSouth African gold producer, formerly Durban Roodepoort Deep, that specialises in retreating gold from historic surface tailings rather than conventional underground mining. Sibanye-Stillwater holds a 50.1% majority stake in the company.
JSE: SSWPGMsSibanye-StillwaterJohannesburg-based precious metals group built through a run of acquisitions after Gold Fields spun off its older South African gold mines in the early 2010s. It is one of the world's largest primary producers of platinum, palladium and rhodium and a major gold producer. Richard Stewart, who succeeded founding CEO Neal Froneman, has put further dealmaking on hold in favour of cost cuts and organic projects.
