Efforts to reposition the business to mitigate the downturn ‘do not go far enough’, says the company’s chief executive Craig Miller
In an interview, Sibanye-Stillwater CEO Neal Froneman also refutes the view that South Africa’s biggest mining employer is overextended
The mining company hosted its fourth annual Marikana memorial lecture on Monday to mark the 11th anniversary of the massacre
Castigating, rather than encouraging, business leaders when they advocate for harsh interventions sets us all back
That pact needs to be engineered by civilians, not government, says the former Wits vice-chancellor
These firms are not required to disclose wage gaps and there is no incentive for remuneration committees or consultants to push for lower executive salaries or to lessen the wage gaps
The Fraser Institute’s annual survey of mining companies is not entirely wrong, South Africa is a difficult place to mine, say analysts
Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually have to be made for there to be any hope of real change
The mine’s two largest unions have accused it of being the ‘worst employer among workers’ and are threatening a secondary strike.
The miners are in a comfortable position as the world creeps towards a lower-carbon future
The South African Competition Tribunal approved Sibanye’s acquisition of Lonmin subject to agreed conditions between the two companies
Amcu President Joseph Mathunjwa promised to embark on a secondary strike in the platinum sector, at a yet-to-be-determined date
The damage to infrastructure at Masakhane mine following a seismic event on May 3 2018, was among the operational disturbances the company experienced
The death toll at Sibanye-Stillwater’s operations this year alone stands at more than 20
According to a statement by the mine, five workers had entered an “abandoned working place” at Kloof Ikamva shaft, south of Johannesburg
The mining company is in the process of buying out Lonmin and it has vowed to do things differently
The gold miner is interested in buying troubled platinum operations but has found Anglo American to be moving at a slower-than-anticipated pace.
The gold mining company is seeking Wits Gold’s operations to extend the life of its nearby Beatrix mine and unlock value.
Sibanye Gold says it will retrench 1 110 of its workers after its Beatrix West operations shut down earlier this year due to fire damage.
Profit-taking helped the JSE catch its breath on Friday after its good rally on Thursday, which led the bourse to dip 0,82% by midday. The platinum-mining index gave up 2,09%, resources lost 1,11% and the gold-mining index eased 0,09%. Industrials weakened 0,69%, financials shed 0,17% and banks picked up 0,15%.