Investors

INVESTMENT CASE

• Regular, consistent dividends

  This is a key strategic imperative and differentiator for Sibanye-Stillwater, the benchmark dividend paying company in the mining sector. Organic and acquisitive growth will be directed by the ability to sustain or enhance this dividend strategy.

• Our high-quality gold assets are cash generative

  Since Sibanye-Stillwater’s listing in February 2013, costs have been reduced to globally competitive levels, production increased and stabilised, and the operating lives of our mines extended. Our aim is to enable value creation through both organic and acquisitive growth.

• High quality Reserves and Resources

  Our high-quality resources and reserves support our dividend strategy and ensure Sibanye-Stillwater’s sustainability. At 31 December 2017, we reported:

  • Mineral Resources of 91.4Moz of gold, 159.5Mlb of uranium, 122.1Moz(4E) and 84.4Moz(2E) of PGMs and 18,661Mlbs of copper
  • Mineral Reserves of 25.7Moz of gold, 96.1Mlb of uranium, 22.4Moz(4E) and 21.9Moz(2E) of PGMs

• Sufficient organic growth options

  Sibanye-Stillwater’s organic growth options are sufficient to sustain the current production profile without compromising the dividend strategy.

• Platinum acquisitions

  Following the acquisitions made during 2016 and in the first half of 2017, Sibanye-Stillwater will become a leading global multi-commodity company. Sibanye-Stillwater is currently the third largest producer of palladium (and the only primary producer of palladium) and of platinum in the world. Sibanye-Stillwater owns the most geographically diverse asset base in the global PGM sector.

• Largest individual gold producer in South Africa

  Sibanye-Stillwater is also among the top ten gold producer companies globally.