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Sibanye Gold Ltd (SGLJ.J)

SGLJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lonmin Says SA Tribunal Approved Sibanye Transaction
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Lonmin PLC ::LONMIN PLC - SA TRIBUNAL APPROVES SIBANYESTILLWATER TRANSACTION.  Full Article

Sibanye-Stillwater Says SA Competition Tribunal Approves Lonmin Acquisition Subject To Agreed Conditions
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Sibanye-Stillwater ::JSE: SGL - SA COMPETITION TRIBUNAL APPROVES THE LONMIN ACQUISITION SUBJECT TO AGREED CONDITIONS.SA'S COMPETITION TRIBUNAL ( COMPETITION TRIBUNAL) APPROVED PROPOSED ACQUISITION OF LONMIN, SUBJECT TO SPECIFIC CONDITIONS.  Full Article

Lonmin Undertakes Refinancing, Enters $200 Mln Metal Purchase Agreement
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Lonmin PLC ::LONMIN UNDERTAKES REFINANCING.SAYS TO ENTER INTO A US$200 MILLION METAL PURCHASE AGREEMENT WITH PANGAEA INVESTMENTS MANAGEMENT LIMITED.LONMIN PLC - UPFRONT PAYMENT WILL BE AMORTIZED OVER THREE YEARS.LONMIN PLC - FOLLOWING COMPLETION, AND SUBJECT TO SIBANYE-STILLWATER BECOMING A CO-OBLIGOR, PIM WILL RELEASE ALL SECURITY OVER LONMIN'S ASSETS.LONMIN PLC - WILL SETTLE ITS PRE-EXISTING TERM LOAN OF US$150 MILLION AND CANCEL ALL ITS OTHER PRE-EXISTING UNDRAWN FACILITIES.LONMIN PLC - FACILITY COULD ENHANCE LONMIN'S CASH POSITION AS IT REQUIRES ONLY PARTIAL SETTLEMENT OF BETWEEN $60 MILLION AND $80 MILLION UPON COMPLETION.  Full Article

South Africa's Competition Tribunal To Hear Sibanye Gold, Lonmin Merger On Oct. 18, 19
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - SOUTH AFRICA'S COMPETITION TRIBUNAL::DATE SET FOR SIBANYE GOLD LTD AND LONMIN PLC MERGER HEARING.WILL HEAR PROPOSED MERGER BETWEEN SIBANYE GOLD AND LONMIN PLC ON 18 AND 19 OCTOBER 2018.  Full Article

Sibanye-Stillwater Reaches Milestone In Altar Transaction
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Sibanye Gold Ltd ::SIGNIFICANT MILESTONES REACHED IN TERMS OF THE ALTAR TRANSACTION.MILESTONES HAVE BEEN REACHED WITH ARRANGEMENT AGREEMENT TO UNLOCK VALUE AT ITS ALTAR COPPER-GOLD PROJECT WITH REGULUS RESOURCES.MILESTONES INCLUDE 99.8% OF VOTES BY REGULUS SHAREHOLDERS BEING IN FAVOUR OF ARRANGEMENT AT ITS ANNUAL & SPECIAL MEETING.MILESTONES REACHED WITH AGREEMENT WITH REGULUS RESOURCES AND NEWLY FORMED SUBSIDIARY OF REGULUS, ALDEBARAN RESOURCES TO CREATE PARTNERSHIP.  Full Article

Stillwater Mining Says Offers To Purchase Outstanding Notes For Up To $350 Mln
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Sibanye Gold Ltd ::STILLWATER MINING SAYS OFFERS TO PURCHASE FOR CASH ITS OUTSTANDING NOTES UP TO A COMBINED AGGREGATE PURCHASE PRICE OF $350 MILLION.  Full Article

Sibanye-Stillwater Says Outlook For Remainder Of Year Remains Positive
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Sibanye Gold Ltd ::LONMIN ACQUISITION REMAINS ON TRACK WITH APPROVAL RECEIVED FROM SARB AND COMPETITION AUTHORITY IN UK.SIBANYE-STILLWATER HY HEPS 4 CENTS.SIBANYE-STILLWATER HY GOLD PRODUCTION OF 18,616 KG VERSUS 21,418 KG REPORTED LAST YEAR.GROUP REVENUE OF R23,910 MILLION (US$1,942 MILLION) FOR H1 WAS 24% HIGHER THAN FOR COMPARABLE PERIOD IN 2017.SA PGM OPERATIONS' CONTRIBUTION TO GROUP ADJUSTED EBITDA IS LIKELY TO INCREASE FURTHER IN H2 2018.AT US PGM OPERATIONS, ONGOING RAMP UP TO FULL PRODUCTION AT BLITZ LIKELY TO CONTINUE TO DRIVE HIGHER REVENUE & LOWER UNIT COSTS.CONFIDENCE IN POSITIVE FUNDAMENTAL OUTLOOK FOR BOTH PALLADIUM AND PLATINUM REMAINS INTACT.OUTLOOK FOR SA GOLD OPERATIONS REMAINS POSITIVE.DESPITE DIFFICULT OPERATING ENVIRONMENT, "POTENTIALLY CRIPPLING" OPERATIONAL CHALLENGES, OUTLOOK FOR REMAINDER OF YEAR REMAINS POSITIVE.4E PGM PRODUCTION FROM SA PGM OPERATIONS FOR FY LIKELY TO BE AT UPPER END OF GUIDANCE OF BETWEEN 1.1MOZ AND 1.15MOZ.  Full Article

Sibanye Looks To Settle Other Long Term Debt Instruments Post H1 Results
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Sibanye Gold Ltd ::SIBANYE- AFTER RECEIPT OF $500 MILLION STREAM ADVANCE PAYMENT, CO APPLYING BIT OF PROCEEDS TOWARDS SETTLING STILLWATER MINING'S UTILISATIONS UNDER $600 MILLION RCF.SIBANYE- CO CURRENTLY IN CLOSED PERIOD; CONSIDERATION TO BE GIVEN TO SETTLING OTHER LONG TERM DEBT INSTRUMENTS POST ANNOUNCEMENT OF H1 RESULTS.  Full Article

Sibanye-Stillwater Sees H1 Headline Earnings Per Share Of 4 Cents
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Sibanye Gold Ltd ::HY UNITED STATES (US) PGM OPERATIONS HAVE PRODUCED APPROXIMATELY 294KOZ OF 2E PGMS AT AN AISC OF APPROXIMATELY US$653/2EOZ.EXPECTS TO REPORT INCREASED EPS OF 3 CENTS (0.28 US CENTS) AND HEADLINE EARNINGS PER SHARE OF 4 CENTS (0.36 US CENTS) FOR H1.SOUTHERN AFRICA PGM OPERATIONS HAVE PRODUCED ABOUT 17,700KG (569KOZ) OF 4E PGMS FOR H1.HY SA GOLD OPERATIONS HAVE PRODUCED APPROXIMATELY 18,610KG (600KOZ) OF GOLD, AT AN AISC OF APPROXIMATELY R520,000/KG (US$1,315/OZ).EXPECTS TO REPORT H1 ATTRIBUTABLE PROFIT TO SHAREHOLDERS OF R77 MILLION, COMPARED WITH ATTRIBUTABLE LOSS OF R4,804 MILLION LAST YEAR.SA GOLD OPERATIONS ARE EXPECTED TO CONTRIBUTE APPROXIMATELY R1 BILLION (US$82 MILLION) TO H1 GROUP ADJUSTED EBITDA.  Full Article

Sibanye-Stillwater Implements Deal With DRDGOLD Ltd
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Sibanye Gold Ltd ::SIBANYE-STILLWATER IMPLEMENTS TRANSACTION WITH DRDGOLD LIMITED.CO NOW OWNS 38.05% (265 000 000 DRDGOLD ORDINARY SHARES) OF ISSUED SHARE CAPITAL OF DRDGOLD, CURRENTLY WORTH R895.7 MILLION.ALL CONDITIONS PRECEDENT TO DRDGOLD TRANSACTION HAVE BEEN FULFILLED AND THAT TRANSACTION WAS IMPLEMENTED YESTERDAY, 31 JULY 2018.  Full Article

UPDATE 1-Sibanye-Stillwater suspends night shift work after employee killed during strike

JOHANNESBURG, Nov 22 Sibanye-Stillwater said on Thursday it would temporarily suspend night shift work after one employee was killed and others injured during overnight protests at its South African gold operations.