Sibanye-Stillwater warns US mine may close if workers oppose plan
SIBANYE-Stillwater CEO Richard Stewart warned on Wednesday his company would have no option but to shut the 284,000 ounce a year Stillwater mine if a strike launched by employees…
Sibanye-Stillwater triples Q3 profits on back of PGMs
THE standout increase in precious metal prices made all the difference to Sibanye-Stillwater which posted a tripling in third quarter earnings (Ebitda). In addition, the…
NUM refers Sibanye-Stillwater gold talks to CCMA
WAGE negotiations at Sibanye-Stillwater’s gold operations have been referred to mediation, said the National Union of Mineworkers which described the miner’s latest offer as…
For Sibanye-Stillwater, 2024 will go down as a year to forget
SIBANYE-Stillwater has had a bad run of fortune. On October 18 it announced that bushfires in Queensland, Australia, had damaged surface infrastructure at its New Century zinc…
Pressure on PGM output this winter as Eskom warns of unprecedented loadshedding
SOUTH Africa could be plunged into stage 8 loadshedding during winter, according BusinessLive citing a presentation by the government-owned power utility Eskom today. “The system…
Copper 360 lists on the JSE promising big returns for its shareholders and neighbouring communities
COPPER 360’s strategy was to build its copper operations in the Northern Cape and mine them itself to take the profit margins on offer because the “numbers are scary in terms of…
Sibanye-Stillwater reaches agreement with AMCU on five-year wage deal for PGMs
SIBANYE-Stillwater has reached agreement with the Association of Mineworkers & Construction Union (AMCU) on a five-year wage agreement for employees at the platinum group metal…
Talks to resolve Transnet strike set to continue on Wednesday following earlier deadlock
A STRIKE by South African ports and freight-rail workers entered a sixth day on Tuesday as talks to end the labor action that is curbing mineral exports remained at an impasse,…
AMCU calls dispute in PGM wage talks with Sibanye-Stillwater after three months of talks
THE Association of Mineworkers & Construction Union (AMCU) has declared a dispute following nearly three months of wage negotiations with Sibanye-Stillwater regarding the firm’s…
Sibanye-Stillwater gold strike drove 30-fold lift in days lost to strike action in SA
A STRIKE by Sibanye-Stillwater’s gold mine employees played a major part in the 1.6 million work days lost so far this year in South Africa as a result of industrial action, said…