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Sibanye-Stillwater plans to resume dividend payments in 2020

By: Reuters     16th May 2019 Higher prices for industrial precious metals palladium and platinum have boosted earnings at Sibanye-Stillwater, enabling the miner to repay debt and plan to resume dividends next year, its chief executive Neal Froneman said. Sibanye, once the industry's highest dividend payer, last made a... 

$62m Zimbabwe smelter heeds local beneficiation call 

By: Martin Creamer     16th May 2019 The $62-million smelter at Unki Mine’s existing complex is a strategic investment, which meets local beneficiation commitments, Anglo American Platinum said on Thursday, when it opened the completed installation at a ceremony in Shurugwi, Zimbabwe. The smelter investment is indicative of the... 

Marikana mineworkers case postponed again

By: African News Agency      7th May 2019 Seventeen Marikana mineworkers briefly appeared in the North West High Court, sitting in Mogwase, on Monday. Their case was postponed to October 18, due to an application they made at the High Court in Pretoria to review former National Director of Public Prosecution (NDPP) Shaun Abrahams'... 

Operations resume at Sibanye’s Thembelani shaft 

By: Marleny Arnoldi     3rd May 2019 JSE- and NYSE-listed Sibanye-Stillwater has resumed underground operations at its Thembelani shaft, in Rustenburg, following an incident that resulted in 1 800 workers being held underground on Tuesday. The shaft has now been certified safe for normal hoisting operations.  

Sibanye says platinum mine shaft shut until official inspection

By: Bloomberg     2nd May 2019 Sibanye-Stillwater was ordered to shut down the shaft at its Rustenburg platinum mine where 1 800 workers were trapped for as long as ten hours on Tuesday after an accident with an underground transport system. South Africa’s Department of Mineral Resources issued a so-called Section 54 notice,... 

Implats maintains 2019 guidance despite challenging third quarter 

By: Simone Liedtke     26th April 2019 Against a backdrop of challenges in the third quarter, ended March 31, for platinum miner Impala Platinum, the miner has maintained its market guidance for the full-year. The full‐year refined production for Implats is estimated at between 1.5-million and 1.6-million platinum ounces and, given... 

Amcu slams Lonmin-Sibanye merger over 'magnitude' of job losses at Appeal Court

By: News24Wire      8th April 2019 Thousands of jobs will be lost at Lonmin over a three-year period following its merger with Sibanye-Stillwater, the Association of Mineworkers and Construction Union has argued. The union has lodged an appeal before the Competition Appeal Court to set aside a 2018 decision by the Competition... 

Atlatsa narrows basic loss for 2018 

By: Simone Liedtke     1st April 2019 TSX- and JSE-listed Atlatsa Resources Corporation on Monday announced that its basic and diluted loss a share had narrowed to $0.17 for the financial year ended December 31, 2018, compared with the loss of $0.36 reported for 2017. The basic and diluted headline loss a share was $0.16 for 2018, on... 

Powermite

29th March 2019 Focused on supplying engineered solutions and products for the electrification of moveable machinery, including materials handling equipment, cranes and mining equipment, Powermite prides itself on its excellent customer service experience, superior collective technical knowledge and high-quality... 

Exciting DRDGold expertise deserves international prominence – Froneman 

By: Martin Creamer     27th March 2019 The exciting gold-from-tailings expertise of DRDGold, which has decades of experience in recovering precious metals profitably from mine dump material, deserves international prominence which Sibanye-Stillwater intends to afford it, CEO Neal Froneman said on Wednesday. Froneman drew attention to... 

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