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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).
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Stillwater Mining Company Reports First Quarter Earnings BILLINGS, Mont.--(BUSINESS WIRE)-- STILLWATER MINING COMPANY (NYSE: SWC)(TSX: SWC.U) Consolidated net income attributable to common ...
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]
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The Stillwater igneous complex is a large layered mafic intrusion (LMI) located in southern Montana in Stillwater, Sweet Grass and Park Counties. The complex is exposed across 30 miles (48 km) of the north flank of the Beartooth Mountain Range. The complex has extensive reserves of chromium ore and has a history of being mined for chromium.