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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.
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 .
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 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 ...
Billings, Mont.-based Stillwater Mining Company got a new CEO yesterday. On Tuesday, the nation's only producer of platinum group metals announced that after serving as interim Chief Executive ...
In October 2022 Sibanye-Stillwater expressed an interest to acquire Zambia's Mopani Copper Mines, the mine and smelter complex looking for new investors after Glencore sold the asset to the state in January 2021. Zambia's state mining firm ZCCM-IH hired Rothschild in June 2022 to help find a new investor to upgrade and expand it. [13]
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 ...
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 ...