Edition:
India

Sibanye Gold Ltd (SGLJ.J)

SGLJ.J on Johannesburg Stock Exchange

1,184.00ZAc
5:16pm IST
Change (% chg)

0.00 (+0.00%)
Prev Close
1,184.00
Open
1,162.00
Day's High
1,191.00
Day's Low
1,158.00
Volume
1,297,040
Avg. Vol
12,377,380
52-wk High
1,804.00
52-wk Low
682.00

Latest Key Developments (Source: Significant Developments)

Sibanye-Stillwater Confirms Increased Offer For Lonmin Is Final, Will Not Be Increased
Monday, 20 May 2019 

May 20 (Reuters) - Sibanye Gold Ltd ::NO INCREASE STATEMENT OF THE PROPOSED LONMIN ACQUISITION.CONFIRMS THAT INCREASED OFFER FOR LONMIN IS FINAL AND WILL NOT BE INCREASED.  Full Article

Lonmin Says Competition Appeal Court Approves Acquisition Of Lonmin By Sibanye-Stillwater
Friday, 17 May 2019 

May 17 (Reuters) - Lonmin PLC ::COMPETITION APPEAL COURT SA JUDGMENT.COMPETITION APPEAL COURT UPHOLDS SOUTH AFRICAN COMPETITION TRIBUNAL'S APPROVAL OF ACQUISITION OF LONMIN BY SIBANYE-STILLWATER.COMPETITION APPEAL COURT OF SOUTH AFRICA DELIVERED JUDGMENT ON APPEAL FILED WITH CACSA BY ASSOCIATION OF MINEWORKERS AND CONSTRUCTION UNION.SIBANYE-STILLWATER AND LONMIN REMAIN FULLY COMMITTED TO OFFER.TRANSACTION CONTINUES TO BE IN BEST INTEREST OF ALL STAKEHOLDERS.CACSA DISMISSED AMCU'S APPEAL WITH COSTS, AND HAS THEREFORE UPHELD SOUTH AFRICAN COMPETITION TRIBUNAL'S DECISION OF 21 NOVEMBER 2018.  Full Article

Anglo American Platinum Says Qtrly Total PGM Production Decreased 6 Pct To 998,900 Ounces
Thursday, 25 Apr 2019 

April 25 (Reuters) - Anglo American Platinum Ltd ::2019 PRODUCTION GUIDANCE (METAL IN CONCENTRATE) REMAINS UNCHANGED AT 4.2 - 4.5 MILLION PGM OUNCES.QTRLY TOTAL PGM PRODUCTION DECREASED 6% TO 998,900 OUNCES.FY PRODUCTION GUIDANCE DOWN ON 2018 DUE TO TRANSITION OF SIBANYE-STILLWATER MATERIAL TO A TOLLING ARRANGEMENT IN PLACE.QTRLY REFINED PGM PRODUCTION DECREASED BY 14% TO 871,200 OUNCES.QTRLY PGM SALES VOLUMES WERE DOWN 21% TO 884,900 OUNCES, LARGELY IN LINE WITH LOWER REFINED PRODUCTION.  Full Article

Sibanye-Stillwater, AMCU Conclude Gold Strike
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Sibanye Gold Ltd ::JSE: SGL - SIBANYE-STILLWATER AND AMCU CONCLUDE GOLD STRIKE.SIBANYE-STILLWATER - FIVE MONTH STRIKE BY ASSOCIATION OF MINEWORKERS AND CONSTRUCTION UNION (AMCU) AT ITS SA GOLD OPERATIONS, HAS BEEN RESOLVED.SIBANYE- AMCU COMMITTED TO SIGNING 2018 3-YEAR WAGE AGREEMENT IN RESPECT OF WAGES, CONDITIONS OF SERVICE FOR BETWEEN JUL 1 2018 TO JUN 30 2021.SIBANYE- AMCU COMMITTED TO AFFIRM COMMITMENT TO CONCLUDE A PEACE PACT WITHIN 30 DAYS.SIBANYE- AMCU COMMITTED TOABIDE BY DECISIONS OF COURT AND THAT NO FURTHER APPEALS WILL BE INSTITUTED OR PURSUED.SIBANYE- AMCU COMMITTED TO DEVELOPING, IMPLEMENTING, ALONG WITH OTHER STAKEHOLDERS, PLAN TO ENSURE A SAFE START AND RAMP-UP OF PRODUCTION POST-STRIKE.SIBANYE- CO AGREED EX GRATIA PAYMENT OF R4,000 FOR ALL EMPLOYEES AT ITS GOLD OPERATIONS IN FORM OF CASH OR A VOUCHER, TO ALLEVIATE HARDSHIP.SIBANYE-STILLWATER - CO TO OFFER A CASH ADVANCE OF R5,000 UPON REQUEST OF EMPLOYEES WHICH WILL BE REPAYABLE OVER A 12 MONTH PERIOD.SIBANYE-STILLWATER - CO TO WAIVE ITS RIGHTS TO RECLAIM COSTS INCURRED ON BEHALF OF EMPLOYEES DURING STRIKE.SIBANYE- EMPLOYEES DISMISSED FOR STRIKE RELATED MISCONDUCT WILL BE SUBJECT TO NORMAL DISCIPLINARY PROCEEDINGS IN LINE WITH CO'S DISCIPLINARILY CODE.SIBANYE-STILLWATER - AS A RESULT OF AGREEMENT, AMCU STRIKE IS NO LONGER PROTECTED.  Full Article

Sibanye Says Labour Court Declares Extension Of Wage Agreement To AMCU, Valid And Lawful
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Sibanye Gold Ltd ::JSE: SGL - LABOUR COURT DECLARES THE EXTENSION OF THE WAGE AGREEMENT TO AMCU, VALID AND LAWFUL.SIBANYE -TO COMMENCE, PARTICIPATE WITH INDEPENDENT VERIFICATION, TO CONFIRM UNIONS' REPRESENTIVITY LEVEL REQUIRED TO IMPLEMENT EXTENSION AGREEMENT.  Full Article

Sibanye Says Labour Court Dismissed AMCU Application To Interdict Consultation Process
Monday, 18 Mar 2019 

March 18 (Reuters) - Sibanye Gold Ltd ::SIBANYE - S. AFRICAN LABOUR COURT DISMISSED APPLICATION BY AMCU TO INTERDICT SECTION 189A CONSULTATION PROCESS AT SA GOLD OPERATIONS.  Full Article

Sibanye Gold Announces Potential Restructuring That May Impact About 5,870 Employees
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Sibanye Gold Ltd ::JSE: SGL - CONSULTATION WITH STAKEHOLDER’S REGARDING POSSIBLE RESTRUCTURING AT ITS GOLD OPERATIONS AND ASSOCIATED SERVICES.SIBANYE-STILLWATER - ENTER INTO CONSULTATION WITH RELEVANT STAKEHOLDERS REGARDING POSSIBLE RESTRUCTURING OF ITS GOLD OPERATIONS & ASSOCIATED SERVICES.SIBANYE-STILLWATER - SUBJECT TO OUTCOME OF SECTION 189A PROCESS, ABOUT 5,870 EMPLOYEES AND 800 CONTRACTORS COULD POSSIBLY BE DIRECTLY IMPACTED.SIBANYE-STILLWATER SAYS CO, AFFECTED STAKEHOLDERS WILL TOGETHER CONSIDER MEASURES TO AVOID AND MITIGATE POSSIBLE RETRENCHMENT.SIBANYE-STILLWATER -WILL CONSIDER MEASURES TO AVOID, MITIGATE POSSIBLE RETRENCHMENTS, SEEK ALTERNATIVES TO POTENTIAL CESSATION/DOWNSCALING.  Full Article

Sibanye Gold Sees FY Headline Earnings Per Share Of 65 Cents
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Sibanye Gold Ltd ::TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2018.EXPECTS TO REPORT AN ATTRIBUTABLE LOSS OF R1,000 MILLION FOR YEAR ENDED 31 DECEMBER 2018.WILL REPORT A BASIC LOSS PER SHARE OF 44 CENTS FOR YEAR ENDED 31 DECEMBER 2018.SEES FY HEADLINE EARNINGS PER SHARE OF 65 CENTS.  Full Article

Sibanye-Stillwater Says Labour Court Rejected Co's Application On Technical Legal Grounds
Friday, 8 Feb 2019 

Feb 8 (Reuters) - SIBANYE-STILLWATER ::AMCU STRIKE FACES FURTHER DELAYS.ADVISES THAT LABOUR COURT REJECTED SIBANYE STILLWATER'S APPLICATION ON TECHNICAL LEGAL GROUNDS.COMPANY HAD APPLIED TO COURT FOR CESSATION OF STRIKE, PENDING OUTCOME OF VERIFICATION PROCESS.COURT HOWEVER FOUND THAT PREVIOUS DECISION OF COURT WAS FINAL IN ITS EFFECT..TO CONTINUE TO PURSUE VARIOUS AVENUES TO BRING AN END TO AMCU STRIKE AS SOON AS POSSIBLE.  Full Article

Interest Held By Investec Limited Amounts To 5.2 Pct Of Issued Shares Of Sibanye
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Sibanye Gold Ltd ::JSE: SGL - BENEFICIAL INTEREST IN SECURITIES.SIBANYE-STILLWATER - INVESTEC LIMITED HAS ACQUIRED AN INTEREST IN ORDINARY SHARES OF COMPANY.SIBANYE-STILLWATER - INVESTEC LIMITED INTEREST AMOUNTS TO 5.1887% (FROM 4.9106% BEFORE ACQUISITION OF SHARES) OF ISSUED SHARES OF COMPANY.  Full Article

Italy - Factors to watch on March 22

The following factors could affect Italian markets on Friday.