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History

  • Gold Fields proposes the unbundling of its 100%-owned subsidiary, GFI Mining South Africa, which holds the Kloof, Driefontein and Beatrix gold mines as well as various service companies.

  • GFI Mining South Africa lists as Sibanye Gold Limited (Sibanye) on the JSE. The stock begins trading at around R14/share, giving it a market capitalisation of approximately R10 billion. The listing of Sibanye’s ADR Programme on the New York Stock Exchange (NYSE) commenced later the same day.

  • Sibanye announces its intention to acquire Gold One International’s Cooke Operations west of Johannesburg in an all-share transaction.

  • Sibanye declares a maiden dividend of 37 cents a share for the six months to 31 June 2013.

  • Sibanye and Harmony swap mining rights to properties adjacent to their Beatrix and Joel mines. Sibanye exchanges two mining right portions at its Beatrix operation for two mining right portions at Harmony’s Joel operation, which are more readily accessible from the Beatrix North and South sections. The transaction creates value for both companies by allowing the early and optimal extraction of resources currently not in their respective life of mine plans.

  • Sibanye makes a R407 million cash offer for Wits Gold’s projects. Sibanye aims to extract regional and operational synergies from Wits Gold's advanced Free State gold projects to its adjacent Beatrix operations. The deal also gives Sibanye access to the Burnstone gold mine in Mpumalanga after Wits Gold’s bid for the operations.

  • Sibanye declares a final dividend for 2013 of 75 cents per share.

    Sibanye announces that its economically extractable gold Mineral Reserves increased by 46% to 19.73Moz. Mineral Resources were slightly lower at 64.96Moz while total uranium Mineral Resources attributable to the Group amounted to 68.81Mlb, inclusive of 43.16Mlb uranium Mineral Reserves.

  • Sibanye produces its first consignment of uranium from its Cooke Operations. Uranium profits will be offset against costs, lowering the future cost of producing gold from the Cooke operation.

    Sibanye concludes the acquisition of Wits Gold and exercises the option to acquire Burnstone.

    156,894,754 new Sibanye ordinary shares were issued to Gold One International Limited (Gold One), following the conclusion of the acquisition of the Cooke underground and surface operations.

  • Sibanye announces a 66% increase in gold Mineral Reserves to 32.7Moz and a 98% increase in gold Mineral Resources to 128.7Moz following the acquisition of the Cooke Operations and Wits Gold. Uranium Mineral Reserves more than doubled to 102.8Mlbs and uranium Mineral Resources increased by 239.1Mlbs to 282.3Mlbs since the 31 December 2013 declaration.

  • Consistent with its strategy of rewarding shareholders with industry benchmark dividends, the Group declares an interim dividend of 50 SA cents per share.

  • Formal consultations begin at Cooke 4 to ensure productivity and profitability of the Cooke assets acquired primarily for the significant gold and uranium Mineral Resources and Mineral Reserves associated with surface tailings material – critical to bringing the West Rand Tailings Retreatment Project to account.

  • The Cooke 4 consultations, in terms of Section 189 of the Labour Relations Act, are completed successfully, and an agreement is reached with employees and organised labour to avoid retrenchment.

  • A revolving credit of US$350 million is concluded. This is in addition to an existing credit facility of R4.5 billion.

  • The proposed acquisition of the Rustenburg mining and processing operations from Anglo American Platinum Limited is announced.

    Term sheet signed with the Waterberg Coal Group.

  • A cash offer for Aquarius Platinum Limited’s entire issued share capital is announced.

  • Gold One acquires an additional interest in the issued ordinary shares of Sibanye to bring its total interest in the company to 20.24%.

  • Discussions with the Waterberg Coal Group are terminated.

  • The South African competition authorities approve both the Aquarius Platinum Limited (Aquarius) and Rustenburg transactions.

  • The acquisition of Aquarius becomes effective.

    Revised organisational structures are implemented to ensure that Sibanye is optimally positioned for its entry into the PGM mining sector.

    Final dividend of 90 cents per share (ZAR) declared, resulting in a total dividend of 100 cents per share (ZAR) for the year ended 31 December 2015.

  • Sibanye establishes a Gold Division incorporating its gold and uranium assets, and a Platinum Division to house its platinum assets.

  • Interim dividend of 85 cents per share (ZAR) declared.

  • Sibanye takes ownership of assets making up its Rustenburg Operations and implements management changes.

  • Sibanye announces proposed acquisition of Stillwater Mining Company (Stillwater) in the US.

  • Sibanye is awarded Deal of the Year by Ansarada DealMakers.

  • Sibanye closes the largest PGM transaction globally in over a decade by successfully acquiring Stillwater and transforming the Group to rank as the third largest producer of palladium and the third largest producer of platinum in the world while remaining in the top ten global gold companies

  • Sibanye Gold Limited starts trading as Sibanye-Stillwater on 30 August 2017. Simultaneously, the company has restructured itself by region – the Southern Africa and the United States regions

  • First production commences on 29 September 2017 from the Blitz project at the Stillwater operations in the US.