R38.78 0.00%


    US$8.91 +6.96%

  • GOLD:US$/oz

    US$1,654 +1.91%

  • GOLD:ZAR/kg

    R954,533 +1.33%


    US$856 +0.74%



  • RHODIUM:US$/oz


  • ZAR:US$

    R17.95 -0.61%

  • Last updated

    2:43am on Sep 29, 2022

“We thank our shareholders for their support for this transaction which represents a unique and transformative opportunity to acquire world class, low-cost international PGM assets. Stillwater offers near-term organic production growth through the Blitz project, further enhancing Sibanye’s asset portfolio and will create in Sibanye, a globally competitive South African mining champion with a unique commodity mix” Neal Froneman, CEO of Sibanye

Strong transaction rationale

Enhance Sibanye’s asset base and create a globally competitive South African mining champion by:

  • Adding two low-cost, low-risk, steady state producing PGM mines to its portfolio
  • Expanding its portfolio with high-grade reserves that support over 25 years of mine life
  • Providing near term, organic and low-cost growth through the Blitz Project
  • Providing significant upside and growth potential through extensive regional resources
  • Creating a mine-to-market PGM business with a metallurgical processing complex
  • Significant PGM recycling business provides a steady margin and strategic insight into the market
  • Further operational optimisation potential through transfer of “best practices”

Position Sibanye shareholders for potential valuation re-rating by:

  • Being value accretive, per detailed management due diligence
  • Balancing its portfolio operationally and geographically with the addition of a world class operation in an attractive mining jurisdiction
  • Positioning its Platinum Division further down the global cost curve, with potential for further cost reductions
  • Enhancing its cash flow generation to sustain its industry-leading dividend
  • Improving its access to lower-cost global financing

Explore More

Stillwater & East Boulder

Stillwater & East Boulder, Montana, US

Stillwater and East Boulder are shallow to intermediate level underground PGM mines located in the state of Montana, in the US.

Read More

PGM recycling

Recycling PGMs from catalytic converters

Our Columbus Metallurgical Complex is one of the world’s largest recyclers of PGMs derived from spent catalytic converters.

Read More

US projects

Altar project, Argentina

We currently have three exploration projects in the Americas, two located in Argentina and one in Ontario, Canada.

Read More