But Sibanye spokesperson James Wellsted said if the strike goes ahead and succeeds, there may be an impact on the platinum group metals operations The strike at Sibanye’s gold operations, which has claimed four lives to date, started after Amcu refused to agree to a wage offer accepted by rivals.

Sibanye Gold said on Tuesday that its losses for the six months to end June would be bigger than it had earlier warned. "Further to the trading statement released on 17 August 2017, shareholders are advised that Sibanye expects to report an attributable loss of R4.8 billion for the six months ended.

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Sibanye is a primarily South Africa-focused mining company – an independent mining group – domiciled in and focused on South Africa – Sibanye currently owns and operates high-quality gold and uranium operations and projects throughout the Witwatersrand Basin. The Group’s corporate office is located.

General share information. Short name. Sibanye-Stillwater is a South Africa-focused mining company. The Group currently owns and operates four underground and surface gold operations in South Africa: the Cooke, Driefontein, and Kloof operations in the West Witwatersrand.

View today’s stock price, news and analysis for Sibanye-Stillwater Ltd. ADR (SBGL). Barron’s also provides information on historical stock ratings, target prices, company earnings, market valuation and more.

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About Sibanye Gold Limited – ADR. Sibanye-Stillwater Ltd. mines for precious metals including palladium, platinum, gold and associated metals. It operates through the following segments: Driefontein, Kloof, and Beatrix. The company was founded on December 12.

Sibanye outlined plans to cut 12,600 of Lonmin’s 35,000 jobs over three years. South Africa’s Sibanye-Stillwater agreed to buy troubled miner Lonmin for about 285 million pounds ($382 million) to create the world’s No. 2 platinum producer in a bid to ride out depressed prices for the metal.

Gold One South Africa, majority-owned by a Chinese consortium, holds a 19.96 percent share in Sibanye. The transaction, which will strengthen Chief Executive Neal Froneman’s determination to diversify out of gold mining By 1050 GMT, shares in Sibanye had fallen 2.66 percent to 25.26 rand.