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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.
South Deep; In 2012, Gold Fields Limited unbundled its subsidiary, GFI Mining South Africa Proprietary Limited, which was then renamed Sibanye Gold Limited, and consisted of the KDC (formerly Kloof) and Beatrix mines, as well as an array of support service entities in South Africa.
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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).
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The KDC mine, formerly the Kloof mine, is a large mine located in the northern part of South Africa in Gauteng, near Carletonville, and represents one of the largest uranium reserves in South Africa having estimated reserves of 256.4 million tonnes of ore grading 0.0036% uranium.
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