JPMorgan is now Sibanye’s third-largest shareholder
WEB22 hours ago · In a recent buying spree, JPMorgan took its stake in Sibanye to 6.17% of the group’s total issued shares, positioning the company as Sibanye’s third-largest stakeholder. This comes after the ...
Community leaders react to Sibanye-Stillwater layoff announcement
WEB6 days ago · Sibanye-Stillwater cites low palladium prices and Russian competition in the market as the reason for the recent layoffs. Management says the Montana operations haven’t been profitable since the latter part of 2022, which Stillwater County Commissioner Tyrel Hamilton said trickled down in the form of tax income to the county.
Sibanye flags loss after $420 mln US asset writedown | Reuters
WEBSept 2 (Reuters) - Sibanye Stillwater on Monday said it will report a half-year loss hurt by a 7.5 billion rand ($420 million) writedown on its U.S. assets reflecting sliding palladium prices....
Sibanye to Slash Output to Turn Around US Palladium Mines
WEBSep 12, 2024 · Join the conversation. (Bloomberg) — Sibanye Stillwater Ltd. plans further restructuring at its mines in Montana that could cut output of palladium and platinum by as much as 45% in a bid to return them to profitability. Palladium – the main metal produced at Sibanye’s US operations – is trading at less than a third of its peak in March ...
'That's our livelihood:' Mine families prepare for Stillwater layoffs
WEBPosted 4:56 PM, Sep 12, 2024. and last updated 8:25 AM, Sep 13, 2024. STILLWATER COUNTY — Following Thursday's announcement from Sibanye Stillwater that the mine would be laying off nearly 700 ...
News & investors | Sibanye-Stillwater
WEBSep 16, 2024 · For ease-of-reference, we have archived all news and publications related to our recent transactions and acquisitions.
Sibanye falls to $2 bln loss, weighs capital raise if metal prices ...
WEBMar 5, 2024 · Sibanye Stillwater on Tuesday reported a $2 billion annual loss and scrapped its final dividend, hurt by a slump in platinum group metal (PGM) prices that is forcing South African mining...
News releases - Sibanye-Stillwater
WEBMay 30, 2015 · Find Sibanye-Stillwater's latest financial results and production updates reported on a quarterly basis.
Sibanye-Stillwater | Home
WEB2:03am on Sep 11, 2024. Latest News. More news. Sibanye-Stillwater achieves level 4 Broad-based black economic empowerment accreditation. September 5, 2024. Trading statement and production update for the six months ended …
Sibanye to restart South Africa gold operations after signing wage …
WEBJun 13, 2022 · Sibanye-Stillwater will restart operations at its gold mines in South Africa after signing a three-year wage agreement with trade unions, the miner said in a statement on Monday.