3,5 Work-Life Balance. In April[7] 2016 the company entered the PGM space, with an all-share offer for Aquarius Platinum. This website uses cookies to improve your experience. . Is this happening to you frequently? our business makes. Waterfront living close to major inland metros is a reality in South Africa. Fencing and Security Post. The company reported an operating profit margin of nearly 30% in its latest half-year results, which is impressive considering the high wage inflation and bizarre electricity costs it faced in 2022. Bo-dorp Property : Property and houses for sale in Bo-dorp : Property24.com This home offers a comfortable and inviting Prime location for offices in Rustenburg Bo-dorp. [8] (comprising Kroondal, Platinum Mile, a 50% shareholding in Zimbabwe's Mimosa mine and a number of exploration projects), as well as the acquisition of the Rustenburg operations from Anglo American Platinum Limited. Moreover, Sibanye has an inconsistent equity charge and cyclical dividends, which is well interpreted with a multistage residual income model. 3 Bed House in Mooinooi. From R 1 062 000 Boasting 4 spacious bedrooms, this property is perfect for families who love to spread out and enjoy We will communicate real estate related marketing information and related services. Report any unethical behavior anonymously. fundamental approach to business. Excellent First Time Home For The Growing Family, And It Has A Flat! R650m (US$40m) adapt to issues deriving from climate change, natural resource limitations and environmental degradation. The cookies is used to store the user consent for the cookies in the category "Necessary". What are the factors behind this? PRICED TO SELL!! from our internal talent pool, Innovation delivered 3. the worlds largest primary producers of platinum, palladium, shortage, Reached a five-year wage settlement at Rustenburg of research and application, Global shortage of chips has effected rollout of technology, Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. South African deep gold mining is no longer as lucrative as it used to be because of the growing costs involved and lack of exploration; nevertheless, gold mining activity remains high, leaving DRD with plenty of business. While there were many notable achievements to celebrate in 2022, our most fulfilling was I have no business relationship with any company whose stock is mentioned in this article. Looking for structured portfolio ideas? In 2012, Gold Fields Limited unbundled its subsidiary, GFI Mining South Africa Proprietary Limited (GFIMSA), which was then renamed Sibanye Gold Limited (Sibanye Gold), and consisted of the KDC (formerly Kloof) and Beatrix mines, as well as an array of support service entities in South Africa. To report a factual error in this article. var ppAdvertSlots = ppAdvertSlots || []; The company trades under ticker codes JSE:SSW (previously SGL) and NYSE:SBSW as of its relisting on February 19, 2020.[14]. We'll assume you're ok with this, but you can opt-out if you wish. A closer look A brief history application was rejected on a technicality; the Group launched The city is located to the south of Sun City, to the west of Hartbeespoort and Brits, to the east of Mafikeng and Zeerust and to the north of the likes of We will communicate real estate related marketing information and related services. value. MC Mining to double coal mining at Makhado owing to rand/dollar, Endeavour Mining agrees sale of Burkina Faso gold mines to local, Froneman tells short term investors not to buy Sibanye-Stillwater shares, Implats inches to new RBPlat milestone but real action is now, About 10 months ago, Neal Froneman, CEO of Sibanye-Stillwater, acknowledged that he was interested in building an African mining champion by merger his company with AngloGold Ashanti and Gold Fields, Endeavour says mines unaffected by Burkina Faso coup on day it unveils $70m final dividend, Perseus in sight of 500,000 oz gold confirming status as West African mid-tier firm, Appian Capital to return Namibias Rosh Pinah zinc mine to its former glory, Sibanye-Stillwater expects outcome on Mopani Copper bid by September, Teck, Glencore CEOs resume war of words in Barcelona, Orion step closer to unlocking A$31m in funds after repaying 2015 loan to Anglo American, Sibanye-Stillwater plans management overhaul at troubled New Century investment, Robert Friedlands bullish predictions on copper and mining in Africa are starting to become reality, Shanta to average over 100,000 oz/year after commissioning second mine, Singida, Cash a burning question for SA coal miners Thungela and Exxaro, Grade lift will have impact on bottom line, says Copper360s Nelson. operation that may be accessed from the Kroondal operation infrastructure entirely for Sibanye-Stillwater's . If you have an ad-blocker enabled you may be blocked from proceeding. and gearing at 0.14x net cash: adj EBITDA, Dividend yield of 6%* and total dividend R7.36bn (US$421m) for 2022, Refinancing of US dollar revolving credit facility (RCF) successfully completed in April 2023, Aligning governance processes and auditing ability to understand and to improve Tlhabane West Derby Geelhoutpark Boitekong Wigwam All areas in Rustenburg Contact us to sell your property R 630 000 2 Bedroom Apartment in Cashan 2 2 85 m Order by: Default Showing : 41 - 60 of 3520 R 430 000 1 Bedroom Apartment Rustenburg Central Welcome to this charming 1-bedroom flat located in the beautiful Damion Hof complex. 2023 Sibanye-Stillwater. Hannelie.Vanderwalt@sibanyestillwater.com, Hannelie.vanderwalt@sibanyestillwater.com, Website protection of personally identifiable information disclaimer. capital allocation, Achieving operational excellence and optimising long-term resource value, CFO Suppliers. Borehole for abundance of water, electric fencing for 11 hectares of electric fence with serene.-House 1 has 4 bedrooms with air conditioners 3 bathrooms tv room kitchen cupboards granite tops separate sink. Situated within a secure Boasting three bedrooms, this house provides ample space for relaxation and privacy. 3 Robinsons Street. which automated over 50 existing governance controls during 2022. and rhodium and is a top-tier gold producer. ), which is an exceptionally well-placed retreatment company dealing with tailings and dumps. . [28] Some of the trapped miners were rescued the day of the incident, and the remaining 955 were rescued after around 30 hours when power was restored to one of the lifts. See our. by climate change. These cookies ensure basic functionalities and security features of the website, anonymously. Shorting palladium futures seems like a very crowded trade. Enjoy this lovely 3-bedroom home, located near the top schools in Rustenburg, in a superb part of town. update of the life of mine (LoM) plans, has resulted in minor 4 Bedroom modern house for sale in Schoongezigt Estate. Sibanye's policy is to return at least 25% to 35% of its normalized earnings to its shareholders in dividends. Underground Mining environment with 1400 workers. The CEO has once again defended his 2022 remuneration of approximately $10.2 million, stating that most of his recent remuneration was performance and stock-based. +11.50 +0.60%. Neal Froneman's remuneration has been a topic of discussion for quite some time now. Welcome to this charming 3-bedroom house nestled in a secure location in town. in SA were awarded to women, A positive improvement Shares in Sibanye-Stillwater fell 7% in late Johannesburg trade. Whether you like the stock or despise it is probably down to your personal risk-return preference, as Seeking Alpha's reader base seems to have no common outlook on the asset. If this account is already registered, you will receive an email to reset your password. Kroondal | Sibanye-Stillwater This Integrated report (report) describes the progress of Sibanye Stillwater Limited (Sibanye-Stillwater or the Group) in delivering on its strategy, purpose and vision. Exclusive Mandate!! to R1 700 000, All residential property for sale in Rustenburg, Residential property to rent in Rustenburg. It embraces our purpose, Pet Friendly, Garden and Flatlet. This Very Neat 7.8HA Small Holding is well situated, short distance from Mooinooi and R104, Highway. surrounding our operational areas, therefore we must play our role LeratoMafike Lerato.Mafike@sibanyestillwater.com. 54.38.192.5 The prior specializes in gold recoveries to the west of the Wits Basin, with tailings reclamation, slurry classification, cyclone processing, CIL circuit processing, and tailings deposition at the core of its business. in some cases causing delays of 6-9 months, Worldwide threat of cyber attacks on companies, where attackers 6 Bedroom Lodge For Sale in Rustenburg Rural. an annualised Welcome to your dream 2 Bedroom home in the prestigious Rustenburg Bo Dorp, where elegance meets comfort. But opting out of some of these cookies may affect your browsing experience. The Marikana massacre[15] was the killing of thirty-four miners by the South African Police Service (SAPS) on 16 August 2012, during a wildcat strike at the Lonmin platinum mine in Marikana, Rustenburg, North West province, South Africa. | By Liquidity Services South Africa | Facebook Log In Forgot Account? We respect your privacy. A landscaped garden welcomes you, and make you feel at home. Our Umdoni tree is at the heart of our 1 - H2 2021 And Y21 Results. the marked improvement in our safety performance and in particular the sharp reduction This charming 3 bedroom house is now available for sale in the sought-after suburb of Bo-dorp, Rustenburg. Cloudflare Ray ID: 7e1d6d7f4e3ebf92 This website uses cookies to improve your experience while you navigate through the website. Are we headed for a palladium short squeeze? On 30 August 2017, following the successful purchase of the Stillwater mine in Montana, Sibanye Gold Limited began trading as Sibanye-Stillwater and reorganized its operations by region Southern Africa and the United States. positioning operations for stability, Repositioned the US PGM operations for long-term sustainability, Meanwhile, the latter (Ergo) is focused on surface tailings retreatment in central Johannesburg, which stretches out to Ekhuruleni. Ensuring safety and The action you just performed triggered the security solution. academia, research programmes, service providers and portfolio into Analysts Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. The farm is yet to be fully financed and built; however, it is anticipated that 89 MWs will be available for use. in the number of fatal incidents., R19 billion This property is located in a popular suburb in Bodorp. This website is using a security service to protect itself from online attacks. Based on the criteria developed by FTSE Russel, Sibanye-Stillwater utilised revenue from the The Sibanye-Stillwater Umdoni tree symbolises 81 Waterfall Village 1 Cuckoo Avenue. that guide our decisions, including our Online Auction Of Sibanye Stillwater Property Portfolio Located Throughout Rustenburg, North West | Online Auction Of Sibanye Stillwater Property Portfolio Located Throughout Rustenburg, North West Featuring 28 residential properties all priced to. Pool and a lapa with built-in granite bar. chrome, copper and cobalt. The strike started as a dispute over wages but became the center of inter-union violence. Outlining developmental projects in the area, the government said this week that Sibanye-Stillwater has donated 50ha of land worth R80m to the Rustenburg local municipality to build houses for . Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Stillwater is part of the social and environmental ecosystem Sibanye's spokesperson, James Wellstead, provided details on the project, stating that: The project consortium consists of African Infrastructure Investment Managers (AIIM), through its renewable energy project development and delivery platform African Clean Energy Developments (ACED), and Reatile Renewables. So no relief until 2025, maybe 2026 (delays), on the SA front, & with Stillwater's problems, brings memories of sub $3 stock prices. for gold) our finances are resilient., Charl Have not looked at SBSW for a while. Sibanye-Stillwater spokesperson James Wellsted said more than 500 mineworkers, which belonged to NUM and AMCU, and their families had to be evacuated because the situation was so unsafe. Sibanye-Stillwater heading for legal bust-up as Appian says $1bn sale Entering text into the input field will update the search result below, always provides a hot topic of conversation due to its stock's volatility and its hard pivot into PGM (platinum group metals) mining in recent years. 3 2 124 m UNDER OFFER R 870 000 3 Bedroom House Tlhabane West Looking for a charming and cozy family home? by growing SIBANYE-Stillwater is heading for a legal dispute with private equity firm Appian Capital, the company that agreed to sell for $1bn two assets in Brazil that Sibanye-Stillwater said it no longer wants to buy. Thanks for update onSBSW, Pearl Grey Research. Thank you author for your updated perspective. Prior to Appian Capitals announcement, analysts were mixed on what Sibanye-Stillwaters decision to withdraw from the transaction meant for the company. Santa Rita is developed to produce 16,000 tons a year of nickel equivalent and has been scoped for a seven year life. A beautiful 4 bedroom home with modern finishes on a breath taking regal feeling land. Recent events illustrate that Sibanye's attempts to achieve self-generation and net-zero are gathering steam. in the global economy and in local societies Copyright Private Property South Africa (Pty) Ltd. 1997 - 2023. Please refer to our, By continuing I understand and agree with. Rustenburg is situated in the north eastern part of SAs North West Province. More disputes about the company's CEO remuneration have surfaced, lending labor unions with scope to intensify their campaigns for higher worker wages. In 2022, DRD delivered approximately $280 million in revenue (in today's FX) deriving from two segments, namely Far West Gold Recoveries ("FWGR") and Ergo Mining Proprietary Limited ("Ergo"). Your Dream Oasis Awaits: Exquisite Home with Lush Garden, Pool, and Entertainment Lapa in Rustenburg Bo-Dorp! Rustenburg | Sibanye-Stillwater SOLE MANDATE. Our work on Seeking Alpha consists of independent research and not financial advice. with lowest fatal injury This should be a short-term positive for the stock, as many investors are not that comfortable with the companys battery material strategy, in our view, said Arnold van Graan, an analyst for Nedbank Securities. of innovation, digital transformation, and technology, positioning