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United Kingdom

Sibanye Gold Ltd (SGLJ.J)

SGLJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Sibanye Says Van Eck Associates Holds 10 Pct Interest In Co
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Sibanye Gold Ltd ::VAN ECK ASSOCIATES CORPORATION HAS NOW A TOTAL OF 10.00% BENEFICIAL INTEREST OF TOTAL ISSUED ORDINARY SHARES OF COMPANY.VAN ECK ASSOCIATES ACQUIRED ADS EACH OF WHICH REPRESENTS 4 ORDINARY SHARES ISSUED BY SIBANYE-STILLWATER TO DEPOSITARY.  Full Article

Lonmin Reports 2.6 Mln Total Tonnes Mined During Q3, Down 3.1 Pct
Friday, 27 Jul 2018 

July 27 (Reuters) - Lonmin Plc ::2.6 MILLION TOTAL TONNES MINED DURING Q3, DECREASED BY 3.1 PCT YEAR ON YEAR.UNIT COSTS REDUCED BY 11.5 PCT TO R11,781 PER PGM OUNCE IN Q3.PGM SALES INCREASED BY 2 PCT TO 352,128 OUNCES FOR QUARTER AND PLATINUM SALES OF 176,121 DECREASED BY 2.3 PCT .MAINTAIN OUR FULL-YEAR SALES GUIDANCE OF 650,000 TO 680,000 PLATINUM OUNCES.MAINTAINS GUIDANCE FOR UNIT COSTS AT UPPER END OF R12,000-R12,500 PER PGM OUNCE RANGE FOR FULL YEAR.MAINTAINING REVISED CAPITAL EXPENDITURE GUIDANCE FOR CURRENT YEAR TO BETWEEN R1.2 BILLION AND R1.3 BILLION.PROPOSED ACQUISITION BY SIBANYE-STILLWATER ON TARGET TO CLOSE IN SECOND HALF OF THIS YEAR.  Full Article

Sibanye-Stillwater cuts FY Production Guidance From SA Gold Operations
Monday, 2 Jul 2018 

July 2 (Reuters) - Sibanye Gold Ltd ::SIBANYE-STILLWATER UPDATES OPERATIONAL GUIDANCE FOR THE YEAR ENDING 31 DECEMBER 2018.PRODUCTION GUIDANCE FROM SA GOLD OPERATIONS FOR YEAR ENDING 31 DEC 2018, HAS BEEN REVISED 6 PCT LOWER TO BETWEEN 36,500KG AND 37,500KG.2E PGM PRODUCTION GUIDANCE FROM US PGM OPERATIONS FOR YEAR ENDING 2018 IS MAINTAINED AT BETWEEN 580,000OZ AND 610,000OZ.FY SA GOLD OPERATIONS AISC FORECAST REVISED TO BETWEEN R515,000/KG-R530,000/KG AND CAPITAL EXPENDITURE TO R3,000 MILLION (US$230 MILLION).SAYS GUIDANCE REVISIONS DUE TO OPERATIONAL DISRUPTIONS AFTER SAFETY RELATED INCIDENTS AT KLOOF, DRIEFONTEIN, POWER DISRUPTION AT BEATRIX, OTHERS.SAYS DECISION HAS BEEN TAKEN TO REHABILITATE FOOTWALL INFRASTRUCTURE IN ORDER TO ENABLE ACCESS TO A PART OF MASAKHANE MINE.PRODUCTION FROM WESTERN SIDE OF MASAKHANE MINE IS PLANNED TO COMMENCE IN FEBRUARY 2019.ACCESS TO EASTERN SIDE OF MASAKHANE MINE WAS UNAFFECTED BY SEISMIC EVENT.2E PGM PRODUCTION GUIDANCE FROM US PGM OPERATIONS FOR YEAR ENDING 31 DECEMBER 2018 IS MAINTAINED AT BETWEEN 580,000OZ AND 610,000OZ.  Full Article

UK's CMA Says Decided Not To Refer Acquisition By Sibanye Gold Ltd Of Lonmin PLC To Phase 2 Investigation
Thursday, 28 Jun 2018 

June 28 (Reuters) - UK's CMA::DECIDED NOT TO REFER ACQUISITION BY SIBANYE GOLD LIMITED OF LONMIN PLC TO A PHASE 2 INVESTIGATION.  Full Article

Sibanye-Stillwater Says Employee Fatally Injured At Khomanani Mine
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Sibanye-Stillwater::EMPLOYEE FATALLY INJURED AT KHOMANANI MINE.A COLLEAGUE HAS PASSED AWAY AT KHOMANANI MINE AT DRIEFONTEIN OPERATION.AN INVESTIGATION INTO INCIDENT WILL BE CARRIED OUT BY MANAGEMENT, TOGETHER WITH DMR AND OTHER STAKEHOLDERS.  Full Article

Sibanye-Stillwater, Lonmin still committed to merger after competition watchdog decision

LONDON, Sept 18 Precious metals producer Sibanye-Stillwater said on Tuesday it remained fully committed to a takeover of platinum miner Lonmin after South Africa's competition watchdog imposed conditions on the deal.