Edition:
India

Sibanye Gold Ltd (SGLJ.J)

SGLJ.J on Johannesburg Stock Exchange

1,692.00ZAc
15 Jul 2019
Change (% chg)

28.00 (+1.68%)
Prev Close
1,664.00
Open
1,687.00
Day's High
1,710.00
Day's Low
1,653.00
Volume
15,156,210
Avg. Vol
14,061,421
52-wk High
1,804.00
52-wk Low
682.00

Latest Key Developments (Source: Significant Developments)

Sibanye-Stillwater Announces Strategic Acquisition Agreement With Generation Mining
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Sibanye Gold Ltd ::STRATEGIC ACQUISITION AGREEMENT WITH GENERATION MINING TO FURTHER ITS MARATHON PROJECT.GEN MINING WILL ACQUIRE 51% INTEREST IN MARATHON PROJECT AND FORM UNINCORPORATED JV WITH STILLWATER CANADA.AGREEMENT SEES CO GET UPFRONT PROCEEDS AS 3.0 MILLION CANADIAN DOLLARS IN CASH AND 11,053,795 SHARES @ C$0.2714/SHARE IN GEN MINING.  Full Article

Generation Mining Signs Definitive Acquisition Agreement With Sibanye-Stillwater
Wednesday, 26 Jun 2019 

June 25 (Reuters) - Generation Mining Ltd ::GENERATION MINING SIGNS DEFINITIVE ACQUISITION AGREEMENT WITH SIBANYE-STILLWATER.GENERATION MINING - SIGNED ACQUISITION AGREEMENT WITH SIBANYE GOLD ON CLOSING OF WHICH CO WILL EARN INITIAL 51% INTEREST IN SIBANYE MARATHON PGM DEPOSIT.GENERATION MINING - SIGNED ACQUISITION AGREEMENT WITH SIBANYE GOLD ON CLOSING OF WHICH CO WILL FORM AN UNINCORPORATED JV WITH STILLWATER CANADA.GENERATION MINING - TO ACQUIRE 51% INTEREST IN SIBANYE MARATHON PGM DEPOSIT, CO MUST PAY AN ADDITIONAL $2.9 MILLION IN CASH.  Full Article

Lonmin Announces Suspension Of Listing And Trading Of Lonmin Shares
Monday, 10 Jun 2019 

June 10 (Reuters) - Lonmin PLC ::JSE: LON - SUSPENSION OF LISTING AND TRADING OF LONMIN SHARES.LONMIN - UK'S FCA & LSE SUSPENDED TRADING OF LONMIN SHARES IN RELATION TO DEAL WITH SIBANYE.  Full Article

Sibanye-Stillwater's Acquisition Of Lonmin Scheme Becomes Effective
Monday, 10 Jun 2019 

June 10 (Reuters) - Sibanye Gold Ltd ::JSE: SGL - SIBANYE-STILLWATER’S ACQUISITION OF LONMIN – SCHEME BECOMES EFFECTIVE.SIBANYE-STILLWATER - UPON ISSUANCE OF NEW SIBANYE-STILLWATER SHARES, SIBANYE-STILLWATER TO HAVE IN ISSUE 2.67 BILLION SHARES OF NO PAR VALUE.  Full Article

Lonmin Says Sibanye-Stillwater Offer Scheme Sanctioned By Court
Friday, 7 Jun 2019 

June 7 (Reuters) - Lonmin PLC ::SCHEME SANCTIONED BY COURT AND TIMETABLE.COURT SANCTIONED SCHEME BY WHICH RECOMMENDED OFFER BY SIBANYE-STILLWATER FOR LONMIN IS BEING IMPLEMENTED.  Full Article

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

Deals of the day-Mergers and acquisitions

May 28 The following bids, mergers, acquisitions and disposals were reported by 0900 GMT on Tuesday: