US markets climb, Dec. 6-10
The Dow Jones Industrial Average rose 4.02% or 13,909.91 points to 35,970.99 and the S&P 500 increased 3.82% or 173.59 points to 4,712.02. Spot gold ended the week at US$1,782.90…
Sibanye-Stillwater
US markets fall, Nov. 22-26
The Dow Jones Industrial Average dropped 1.97% o 702.64 points to finish the November 22-26 trading week at 34,899.334, and the S&P 500 fell 2.20% or 103.34 points to 4,594.62….
More than US$2 trillion investment needed to meet IEA hydrogen targets
More than US$2 trillion of investment would be required in equipment and infrastructure to sustain the accelerating global momentum towards establishing hydrogen as a competitive element of a net-zero carbon…
Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…
Sibanye-Stillwater CEO outlines strategy on green energy metals
This week Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) announced the US$1 billion acquisition of the Santa Rita nickel mine and the Serrote copper mine in Brazil from London-based Appian Capital. In…
Sibanye-Stillwater takes stake in Australia’s New Century Resources
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings…
Sibanye-Stillwater buys nickel-copper mines in Brazil for US$1 billion
South Africa’s Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is buying two nickel and copper miners in Brazil from private equity firm Appian Capital in a US$1 billion deal that boosts the company’s growing battery materials…
Two dead and one missing at Sibanye-Stillwater’s Kloof gold mine
South African precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) announced on Tuesday that two members of a mine rescue team died while searching for a missing worker at its Kloof gold underground operation in South…
Sibanye-Stillwater buys 50% stake in Nevada lithium project for US$490M
South African precious metal miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has taken a 50% stake in ioneer Ltd’s (ASX: INR) lithium-boron project in Nevada for US$490 million. The deal is…
Sibanye-Stillwater to acquire Eramet’s Sandouville nickel processing facility in France
In its second acquisition in the battery metals space in six months, Sibanye-Stillwater (NYSE: SBSW), one of the world’s largest primary producers of platinum, palladium and rhodium and its third-largest…
Is copper the new gold?
One of the key themes that emerged from the 30th BMO Global Metals & Mining conference last week was the desire among many gold and base metal companies to increase…
Sibanye-Stillwater calls for mega-merger with AngloGold, Gold Fields
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold…