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The Johannesburg-based precious metals miner said its systems had now been largely restored after the cyberattack reported on July 11. "Although the cyber-attack has had limited impact on our core ...
Shares of miner Sibanye-Stillwater (SBGL) tumbled 9.22% to $2.56 on the New York Stock Exchange on Thursday after reporting operating results for the third quarter. The South African miner ...
Image source: The Motley Fool. Sibanye Stillwater (NYSE: SBSW) Q2 2024 Earnings Call Sep 12, 2024, 8:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
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.
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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).
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.
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