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
Sibanye-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.
Gold's slump hands South African miners their toughest quarter since 2022
Gold's steepest monthly fall since 2008 in June 2026 cut nearly 25% off the JSE's precious metals and mining index in the second quarter, with AngloGold Ashanti, Gold Fields and Sibanye-Stillwater all sharply lower.
Sibanye-Stillwater sets out R20bn of projects to hold PGM output steady to 2035
Sibanye-Stillwater has outlined R20bn of projects to keep a million ounces a year of underground PGM output going until 2050 and to sustain 1.5Moz a year to 2035, with optional growth to 1.8Moz.
Mining Bill uncertainty clouds Sibanye's R2.7bn Burnstone gold project
Sibanye-Stillwater warned that the Minerals and Petroleum Resources Development Bill's lack of transitional provisions for past empowerment deals could complicate licensing at its R2.7bn Burnstone gold project.
Mimosa revives $130m North Hill project as PGM prices rebound
Mimosa, the Impala Platinum and Sibanye-Stillwater joint venture in Zimbabwe, is reviving a $130m life-extension project after PGM prices recovered from the lows that forced its suspension in 2024.
Sibanye-Stillwater prices $500m bond to cut debt and push out maturities
Sibanye-Stillwater priced an oversubscribed $500m senior notes offering on 8 May 2026 and used the proceeds to tender for older, higher-coupon Stillwater notes due 2026 and 2029, cutting group debt.
Sibanye-Stillwater welcomes near-242% US duties on Russian palladium
The US announced a countervailing duty of 109.10% on Russian palladium, on top of a proposed 132.83% anti-dumping duty, after Sibanye-Stillwater and the United Steelworkers alleged dumping had hurt American producers.
Gold's record run tops out near $5,589 an ounce
Gold touched an all-time high of about $5,589 an ounce on 28 January 2026, and Sibanye-Stillwater shares closed at a record high the same week.
Gold price tops $5,000/oz for the first time, driving rand to three-year high
Gold broke through $5,000/oz in January, sending the rand to its strongest level since 2022 and boosting profitability across Harmony, Sibanye-Stillwater, Gold Fields and Pan African.