Get Your Own Businessabc AI Visibility ID
Boost AI visibility, credibility, and discoverability
Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina. The company produces gold; platinum group metals (PGMs), including palladium, platinum, and rhodium; and by-products, such as iridium, ruthenium, nickel, copper, and chrome. It owns the East Boulder and Stillwater mines located in Montana, the United States; and Columbus metallurgical complex, which smelts the material mined to produce PGM-rich filter cake, as well as conducts PGM recycling activities. The company is also involved in the Kroondal, Rustenburg, Marikana, and Platinum Mile operations situated in South Africa; Mimosa located on the southern portion in Zimbabwe; the Driefontein, Kloof, and Cooke surface operations located on the West Rand of the Witwatersrand Basin; and the Beatrix situated in the southern Free State. In addition, it owns an interest in surface tailings retreatment facilities; the Marathon PGM project in Ontario, Canada; the Altar and Rio Grande copper gold projects in the Andes in north-west Argentina; the Hoedspruit; and the Burnstone and southern Free State gold projects in South Africa. Sibanye Stillwater Limited was founded in 2013 and is headquartered in Weltevreden Park, South Africa.
In 2012, Gold Fields Limited unbundled its subsidiary, GFI Mining South Africa Proprietary Limited , which was then renamed Sibanye Gold Limited , and consisted of the KDC and Beatrix mines, as well as an array of support service entities in South Africa. "Gold Fields stockholders were given one share in Sibanye for each of their Gold Fields shares." The three South African mines transferred from Gold Fields to Sibanye are:
Beatrix gold mine
KDC mine
Driefontein mineThe company immediately embarked upon a strategic growth plan which saw the 2013 acquisition of the Cooke operations from Gold One as well as the WitsGold acquisition of 2014.
In April 2016 the company entered the PGM space, with an all-share offer for Aquarius Platinum. , as well as the acquisition of the Rustenburg operations from Anglo American Platinum Limited.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.In June 2019, Sibanye-Stillwater acquired Lonmin Plc, London, UK, a top tier PGM producer. The enlarged group is the world’s largest primary producer of platinum and rhodium, one of the largest producer of palladium and the leading recycler and processor of spent PGM catalytic converter materials.February 2021 saw the Group enter the battery metals industry with an investment into and partnership with Keliber, a leading European Lithium project based in Finland.
According to their 2020 annual report, the company produced 3 million ounces of PGM and 0.98 million ounces of gold.In 2020, the group employed 84,775 people, mostly in South Africa. Thus, Sibanye-Stillwater is one of the top four private sector employers in South Africa and the largest industrial employer in the state of Montana.
Sibanye-Stillwater’s primary listing is on the Johannesburg Stock Exchange in South Africa. The company trades under ticker codes JSE:SSW and NYSE:SBSW as of its relisting on February 19, 2020.
