Search results
Results From The WOW.Com Content Network
Sibanye-Stillwater is a multinational mining and metals processing Group with a diverse portfolio of mining and processing operations and projects and investments across five continents. The Group is also one of the foremost global PGM auto catalytic recyclers and has interests in leading mine tailings retreatment operations.
Norilsk Nickel had bought a 51% stake in Stillwater in 2003, but in November 2010 Norilsk Nickel announced plans to sell this stake. [2] The South African mining company Sibanye Gold Limited proposed in December 2016 to acquire Stillwater for $2.2 billion ($18/share, a 61-percent premium over its average share price during the previous 52 weeks).
The Burnstone mine is one of the largest gold mines in the South Africa and in the world. [1] The mine is located in the north-east of the country in Gauteng . [ 1 ] The mine has estimated reserves of 29.1 million oz of gold .
The price of the precious metal was about $2,300 an ounce two years ago and has dipped below $1,000 an ounce over the past three months, Sibanye-Stillwater Executive Vice President Kevin Robertson ...
For premium support please call: 800-290-4726 more ways to reach us
The strike, the longest in the history of South Africa, ended in late June 2014 when the mineworkers union signed a 3-year settlement deal with the mine owners which saw the lowest paid workers, whose basic salary was less than R12,500, increased by R1,000 ($95) a month for two years, and by R950 per month in the third year.
African Rainbow Minerals Limited is a mining company based in South Africa. ARM has interests in a wide range of mines, including platinum and platinum group metals (PGMs), iron, coal, copper, and gold. [2]
There, platinum (Pt) and palladium (Pd) are mined from the 2.71 billion-year-old Stillwater Complex, a classic example of an LLI (large, layered igneous province). LLIs are large intrusive bodies that display large-scale and small-scale layering, even including cross bedding, ripples, graded bedding, channelforms, and other sedimentary-like ...