Sibanye hits new high on BlackRock, gold price boosts
The world’s largest asset management firm has lifted its stake in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) above the 5% threshold, sending the South African miner’s shares to an all-time high….
Sibanye-Stillwater
Sibanye’s Keliber lithium plant due within weeks
Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) says it’s on track to complete construction and cold commissioning of its Keliber lithium project in Finland this quarter. The €783-million (C$1.23-billion) capital cost Keliber…
Sibanye pays Appian $215M to settle dispute
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has agreed to pay $215 million to settle its dispute with Appian Capital Advisory over its cancelled purchase of two of the firm’s Brazilian assets….
Aldebaran’s Altar copper project may generate $11B
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says a preliminary economic assessment (PEA) for its Altar copper-gold project in Argentina establishes “robust” economics and sets the stage for new studies in…
South Africa state raises Sibanye stake above 20%
Public Investment Corp. (PIC), South Africa’s state-owned asset management firm, has raised its shareholding in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) to above 20%, further cementing its states as the miner’s…
Sibanye-Stillwater rescues all 260 trapped at Kloof
All 260 employees of Sibanye-Stillwater (JSE: SSWJ; NYSE: SBSW) that were trapped underground at the precious metals producer’s Kloof 7 mine were safely returned to the surface on Friday night….
Sibanye-Stillwater rushes to rescue 260 trapped miners
Precious metals producer Sibanye-Stillwater (JSE: SSWJ; NYSE: SBSW) confirmed Friday that nearly a third of 260 workers trapped underground at its Kloof gold mine, about 60 km west of Johannesburg, South…
Sibanye’s Finland lithium project cost rises 17%
South African miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has raised the projected cost of its Keliber lithium project in Finland by 17% to €783 million (US$880 million), citing regulatory changes,…
Sibanye-Stillwater CEO Froneman to retire
Neal Froneman, the founder and longtime CEO of Sibanye-Stillwater (JSE: SSW; NYSE: SBSW), will retire at the end of September after 12 years at the helm. He is to be…
Mining Indaba: Industry demands sweeping overhaul to revive South African mining
Miners in South Africa are calling for sweeping changes to modernize regulations, streamline licensing and upgrade critical infrastructure to revive the country’s flagging mining sector. Investment to mine in Africa’s…
Stillwater Critical Minerals scrambles for DoD dollars
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is exploring to boost its nickel-palladium project in Montana as it awaits word due this year on Defense Department funding. Glencore (LSE: GLEN),…
Ioneer’s Rhyolite Ridge gains key permit, but legal and political risks loom
The United States’ Bureau of Land Management (BLM) on Thursday approved Ioneer’s (ASX: INR) Rhyolite Ridge lithium-boron project in southwest Nevada, opening the door for closing US$1.19 billion in funding….