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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.
In 2012, Gold Fields Limited unbundled its subsidiary, GFI Mining South Africa Proprietary Limited ("GFIMSA"), which was then renamed Sibanye Gold Limited ("Sibanye Gold"), [later Sibanye-Stillwater], and consisted of the KDC (formerly Kloof) and Beatrix mines, as well as an array of support service entities in South Africa. [3]
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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Sibanye Gold Limited (SBSW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
Aquarius Platinum plc is a Bermuda-registered and headquartered mining business.. Aquarius was quoted on the London Stock Exchange, the Australian Stock Exchange and the Johannesburg Stock Exchange and also had a sponsored Level 1 ADR program in the United States until it was acquired by Sibanye Gold in April 2016.