Who owns Driefontein mine?
Sibanye-Stillwater
Driefontein represents one of the largest uranium reserves in South Africa having estimated reserves of 238 million tonnes of ore grading 0.0053% uranium….Driefontein mine.
| Location | |
|---|---|
| Products | uranium |
| Owner | |
| Company | Sibanye-Stillwater |
| Website | www.sibanyestillwater.com/our-business/southern-africa/gold/driefontein/overview |
What happened sibanye gold?
In February 2020, Sibanye-Stillwater completed an internal restructuring resulting in Sibanye Gold Limited becoming a subsidiary of the new holding and listed company, Sibanye Stillwater Limited. Ticker codes on the JSE changed from SGL to SSW and the ADRs on the NYSE changed from ticker SBGL to SBSW.
Who owns sibanye?
Sibanye-Stillwater is a multinational precious metals mining company, revealing a diverse portfolio of platinum group metals (PGM) in South Africa (SA) and the United States (US), gold and base metals operations and various mining projects in South Africa and the Americas….Sibanye-Stillwater.
| Type | Public |
|---|---|
| Website | sibanyestillwater.com |
Where is sibanye gold mine situated?
Driefontein is a large, shallow to ultra-deep level gold mining and processing operation located in the Far West Rand Goldfield of the Witwatersrand Basin, near the town of Carletonville in the Gauteng Province of South Africa, 70km west of Johannesburg.
In which province is Driefontein?
North West province of
Driefontein is a town in Ngaka Modiri Molema District Municipality in the North West province of South Africa….Driefontein, North West.
| Driefontein | |
|---|---|
| Coordinates:25.138°S 25.966°ECoordinates:25.138°S 25.966°E | |
| Country | South Africa |
| Province | North West |
| District | Ngaka Modiri Molema |
What’s the deepest mine in the world?
Mponeng gold mine
The Mponeng gold mine located in the Gauteng province of South Africa, is the deepest operating mine in the world.
How many mines does Sibanye?
The three mines that Sibanye plans to run down produced gold at an average all-in sustaining cost of $1,406 an ounce last year, and prices need to be much higher to invest in extending their lives, he said.
Should I buy Sibanye?
Valuation metrics show that Sibanye Gold Limited may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of SBSW, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
When did Sibanye buy Stillwater?
The following year, in May 2017, we completed the transaction to purchase the Stillwater Mining Company, based in Montana in the United States, for US$2.2 billion.
When did sibanye buy Stillwater?
What does sibanye Stillwater limited do?
Sibanye-Stillwater is a leading mining Group with a diverse portfolio of platinum group metals (PGMs) and gold operations and in the United States and South Africa and a leading PGM catalytic converter recycling operation in the United States, in the most environmentally friendly manner possible.
How many shafts does sibanye?
The current mine infrastructure consists of seven shaft complexes, four with sub-shafts and five of which are producing.
Where is Sibanye Gold located in South Africa?
These deep level operations with their resources and reserves make Sibanye Gold the tenth largest gold producer globally. Sibanye Gold Limited is a South African gold producer consisting of three operations, Kloof and Driefontein on the West Rand and Beatrix in the Free State.
When was Driefontein acquired by Sibanye Goldfields?
Driefontein was one of the assets acquired by Sibanye following the completion of Goldfields International unbundling transaction in February 2013. Mining operations have been carried out in the Far West Rand Goldfields since the late 19th century and at Driefontein since the 1930s.
What kind of mining company is Sibanye Stillwater?
Sibanye-Stillwater is a leading international precious metals mining company, with a diverse portfolio of platinum group metal (PGM) and gold operations and projects. We are the world’s largest primary producer of platinum, the second largest primary producer of palladium and the third largest producer of gold (on a gold-equivalent basis),…
Where is Driefontein gold mine in South Africa?
Driefontein is a large, shallow to ultra-deep level gold mining and processing operation located in the Far West Rand Goldfield of the Witwatersrand Basin, near the town of Carletonville in the Gauteng Province of South Africa, 70km west of Johannesburg.