Announcement • Apr 26
Sibanye Stillwater Limited, Annual General Meeting, May 28, 2026 Sibanye Stillwater Limited, Annual General Meeting, May 28, 2026. Announcement • Apr 09
Sibanye Stillwater Limited to Report Fiscal Year 2025 Final Results on Apr 24, 2026 Sibanye Stillwater Limited announced that they will report fiscal year 2025 final results at 12:00 PM, South Africa Standard Time on Apr 24, 2026 Announcement • Mar 14
Sibanye Stillwater Limited Announces Board Committee Changes, Effective May 28, 2026 Sibanye Stillwater Limited advised shareholders of the following governance developments approved by the Board. Following the annual review of governance effectiveness and in line with the simplification drive across the Group, the Board has approved changes to its committee structures, effective from the close of the 2026 Annual General Meeting scheduled for May 28, 2026. The Board will operate five Board committees: Audit and Risk Committee (newly combined), Remuneration Committee, Social, Ethics and Sustainability Committee, Safety and Health Committee, and Nominating and Governance Committee. The Audit Committee and the Risk Committee have been combined into a single Audit and Risk Committee to enhance integrated oversight of financial, operational and strategic risks. The Board has resolved to dissolve the Investment Committee, effective from the close of the AGM. Matters previously delegated to the Investment Committee will be considered directly by the Board, including material investment or divestment decisions. All committee chairpersons remain unchanged except for the Remuneration Committee, where Mr. Timothy Cumming will retire from the Board and will not stand for re-election at the AGM, and Mr. Keith Rayner has been appointed as Chair of the Remuneration Committee, effective at the close of the AGM. Mr. Terence Nombembe, who is the chairperson of the Audit Committee, will chair the combined Audit and Risk Committee. All members of the combined Audit and Risk Committee are confirmed as independent non-executive directors. The Board has removed the non-executive director age-based retirement limit from its governance framework. All directors will be subject to an annual fit, proper and capability assessments, consistent with good corporate governance and the JSE Listings Requirements. More detailed information regarding Board composition, committee membership and governance enhancements will be included in the 2025 Integrated Report. Announcement • Feb 21
Sibanye Stillwater Limited Declares Final Dividend for Six Months Ended December 31, 2025, Payable on March 23, 2026 Sibanye Stillwater Limited announced on the basis of significantly improved normalised earnings of ZAR 10.6 billion (USD 591 million) for 2025, the Board declared a full year dividend of ZAR 3.7 billion (USD 213 million) or ZAR 1.31 per share (32.68 US cents per ADR), representing 35% of normalised earnings, the higher end of the Group's dividend policy, in respect of the six months ended 31 December 2025 (Final dividend). Record date 20 March 2026, Payment of dividend: 23 March 2026, Shares commence trading ex-dividend: 18 March 2026. Announcement • Jan 19
Sibanye Stillwater Limited Provides an Update on the Keliber Lithium Project in Finland Sibanye Stillwater Limited provided an update on the progress of its Keliber lithium project in Finland and planned commencement of the next phase of development, following the conclusion of a comprehensive, multidisciplinary assessment of the project. The assessment primarily evaluated various start-up and project optimisation scenarios to ensure the project can commence responsibly, given prevailing market conditions. The construction phase including cold commissioning of the fully integrated project remains on track for completion in First Quarter 2026. The total capital investment to complete the construction phase is estimated to be approximately EUR 783 million. Based on the outcomes of the multidisciplinary assessment, Sibanye-Stillwater and its strategic partner in the Keliber lithium project, the Finnish Minerals Group, have agreed that a staged start-up of the Keliber lithium project is the optimal way forward, given current market conditions. The staged commissioning of the various elements of the project (mine, concentrator, and refinery) reduces project ramp up risk, by initially ensuring operational readiness in the mining and concentrating stages, before making a decision on the timing of the commissioning of the refinery. This staged approach also maintains project financing flexibility by enabling capital expenditures and refining ramp-up costs to be deferred, based on lithium prices and other market factors and conditions. Concurrently with the staged commissioning of the mine and concentrator, several value engineering opportunities were identified from the comprehensive assessment and will be progressed, focusing on unit cost reduction and optimising processes. The Finnish Minerals Group is making preparations to participate pro rata to its equity stake in the project (20%) for additional financing required to sustain the project through the ramp-up period. The Keliber lithium project is Europe's (EU) most advanced integrated lithium project, with planned battery-grade lithium hydroxide monohydrate (LiOH) production of around 15,000 tonnes per annum for over 18 years. As the EU's most advanced integrated mine-to-market lithium project and one of the few LiOH refineries outside China, the project is strategically significant and has been classified as a Strategic project by the EU, aligned with the EU's strategic initiative for critical minerals, the Critical Raw Materials Act (CRMA). Announcement • Jul 25
Public Investment Corporation Limited acquired an additional 5.16% stake in Sibanye Stillwater Limited (JSE:SSW). Public Investment Corporation Limited acquired an additional 5.16% stake in Sibanye Stillwater Limited (JSE:SSW) on July 25, 2025. Public Investment Corporation Limited now holds 20.203% stake in Sibanye Stillwater Limited.
Public Investment Corporation Limited completed the acquisition of an additional 5.16% stake in Sibanye Stillwater Limited (JSE:SSW) on July 25, 2025. Announcement • Jul 21
Sibanye Stillwater Limited (JSE:SSW) entered into a purchase agreement to acquire Metallix Refining Inc. Sibanye Stillwater Limited (JSE:SSW) entered into a purchase agreement to acquire Metallix Refining Inc. for $82 million on July 21, 2025. Sibanye Stillwater Limited will pay a cash consideration of $82m (an enterprise value of $105m).
The Transaction is expected to close during the third quarter of 2025, subject to receipt of applicable regulatory approvals customary to a transaction of this nature.
Davis Polk & Wardwell LLP acted as legal advisor and Goldman Sachs International acted as financial advisor for Sibanye Stillwater Limited. Announcement • Apr 25
Sibanye Stillwater Limited, Annual General Meeting, May 29, 2025 Sibanye Stillwater Limited, Annual General Meeting, May 29, 2025. Announcement • Jan 28
Sibanye Stillwater Limited Announces Change of Chief Commercial and Development Officer Sibanye Stillwater Limited announced that Laurent Charbonnier has, for personal reasons, tendered his resignation as Chief Commercial and Development Officer (CCDO). Laurent's resignation is effective 31 January 2025. Charl Keyter, Chief Financial Officer of the Group will, in addition to his normal duties, act as interim CCDO until further notice. Announcement • Nov 08
Sibanye Stillwater Limited Appoints Mr. Terence Mncedisi Nombembe as an Additional Member of the Audit, Investment, Risk and the Social, Ethics and Sustainability Committees Sibanye Stillwater Limited appointed Mr. Terence Mncedisi Nombembe as an additional member of the Audit, Investment, Risk and the Social, Ethics and Sustainability Committees. Announcement • Oct 19
Sibanye-Stillwater Announces Temporary Suspension of Operations at Century Due to Bushfire Sibanye-Stillwater informed stakeholders that operations at its Century operation in Queensland, Australia have been impacted by a regional bushfire. The safety and well-being of employees and contractors is foremost priority and The company reported that all personnel are safe and accounted for operational teams have been unwavering in their efforts to help manage the bushfire at the Century operation and the neighbouring areas. While the operations team has been able to protect the primary infrastructure at the Century operation (processing plant, hydro mine, airport, underground slurry pipeline and camp), there has been extensive loss of surface piping infrastructure, including the feed and water lines that connect the hydro mine to the processing plant and other key service lines. Suppliers have been contacted and orders for replacement piping have been placed. Due to the amount of piping required, operations are expected to remain suspended until 16 November 2024. As a result, The company anticipates production of zinc metal for fourth quarter of 2024 to be approximately 9,680 payable tonnes less than forecast. Announcement • Oct 10
Sibanye Stillwater Limited Announces Court Judgment Handed Down in Legal Proceedings Commenced by Appian Capital Sibanye-Stillwater announced stakeholders that judgment has been handed down in respect of the first stage of legal proceedings brought against it by affiliates of Appian Capital Advisory LLP (Appian) (the Proceedings), which occurred in the High Court of England and Wales, over a five-week period beginning in June 2024. The Proceedings bought against Sibanye-Stillwater by Appian relate to the termination on 24 January 2022 by Sibanye-Stillwater, of share purchase agreements (SPAs) which it had concluded on 26 October 2021 with Appian for the acquisition of the Santa Rita and Serrote mines in Brazil. The termination of the SPAs followed a geotechnical event (the Geotechnical Event) at Santa Rita which Sibanye-Stillwater concluded was, and was reasonably expected to be, material and adverse to the business, financial condition, results of operations, properties, assets, liabilities or operations of Santa Rita. The first stage of Proceedings related to whether the geotechnical event at Santa Rita on November 2021, could reasonably be expected/considered to be material and adverse. In a judgment handed down on 10 October 2024, Mr. Justice Butcher ruled that the Geotechnical Event was not, and was not reasonably expected to be, material and adverse, such that Sibanye- Stillwater was not entitled to terminate the SPAs as a result of the Geotechnical Event. However, Sibanye-Stillwater was successful in having Appian's claim of wilful misconduct dismissed, with the Judge ruling that the management of Sibanye-Stillwater genuinely believed that it was entitled to terminate the SPAs in what they perceived as the best interests of Sibanye-Stillwater. The Proceedings will now progress to the second phase through a trial listed for November 2025 (Quantum Trial) at which the Court will determine the potential damages Sibanye- Stillwater may be required to pay to Appian. Sibanye-Stillwater's case on quantum is that Appian could have sold the Santa Rita and Serrote mines in Brazil to another purchaser for a similar purchase price after Sibanye- Stillwater terminated the SPAs and therefore cannot recover any loss it has suffered from Sibanye-Stillwater. The judgment notes that Appian received multiple offers for the mines after Sibanye-Stillwater terminated the SPAs. Accordingly, Sibanye-Stillwater will continue to defend the claim vigorously at the Quantum Trial in November 2025. Announcement • Sep 12
Sibanye Stillwater Limited Appoints Terence Mncedisi Nombembe as an Independent Non-Executive Director Sibanye Stillwater Limited announced the appointment of Terence Mncedisi Nombembe as an Independent Non-Executive Director of the Group with effect from 11 September 2024. Terence has expertise in accounting, auditing, risk management, corporate governance, and stakeholder management. He holds a Bachelor of Commerce from the University of Transkei, Bachelor of Accounting Science (Hons)from the University of South Africa and is a South African Chartered Accountant - CA(SA). Honorary awards received by Terence include the Jorg Kandutsch Excellence Award from the International Organisation of Supreme Audit Institutes (2010), Doctor of Accounting Science from the Walter Sisulu University (2014), the Chancellor's Calabash Award Outstanding Alumnus from Unisa (2014), and Honorary Member of the Golden Key International Honour Society (2015). Terence is an Independent Non-Executive Director of the Nedbank Group Limited and Nedbank Limited and serves as a member of its Group Audit Committee and Group Risk and Capital Management Committee. Most recently, Terence served as a non-executive director of the South African Reserve Bank, before stepping down from that role in 2023. Terence was also the chief executive officer of the South African Institute of Chartered Accountants from 2014 to 2019 and prior to that, he was the Auditor General of South Africa from 2006 to 2013. Announcement • Aug 21
Sibanye-Stillwater Updates on Plans for Sandouville Refinery and its pCAM Project Sibanye-Stillwater acquired the Sandouville nickel refinery (Sandouville refinery) in 2022 with a view to producing nickel sulphate, targeting the European battery supply chain. Investigations into the potential for this highlighted the possible benefits of producing pre-cursor cathode active material (pCAM) by repurposing the existing Sandouville refinery chloride processing infrastructure. As announced in March 2024, this was confirmed by a scoping study, which confirmed the encouraging potential to produce pCAM. A pre-feasibility study (PFS) is currently underway to determine the viability of producing pCAM for the European battery ecosystem through a novel, in-house process. A positive outcome from definitive feasibility studies will enable a final investment decision on the repurposing of the Sandouville refinery to pCAM production (the GalliCam project). To date, the outlook for the GalliCam project is encouraging. The novel process that has been conceptualised and designed by the company's internal team in the European region will enable pCAM to be produced directly from mixed hydroxide precipitate (MHP) in a chloride medium, allowing for fewer production steps, lower energy consumption, reduced carbon emissions, and generation of fewer waste products per tonne of pCAM compared to existing sulphate-based processing routes. Utilising this chloride-based process is expected to contribute towards competitive pCAM production costs from Sandouville. Notable progress since First Quarter 2024 includes: pCAM has been successfully produced at the Sandouville plant on a laboratory scale; An application for a patent for the novel pCAM process was filed in July 2024. The GalliCam project offers the Sandouville refinery an exciting brownfield alternative to leverage the existing chloride facility and skills-base into producing pCAM for the European market using a different feed source, MHP, to the nickel matte currently being refined at the Sandouville refinery. In order to address the Sandouville refinery's projected losses and to prepare it for potential production of pCAM, Sibanye-Stillwater has reached agreement to terminate a key commercial supply contract with supply culminating on or before 31 December 2024. Furthermore: The agreed cost to terminate the supply agreement is approximately USD 37 Million. Refining of inventory and sales will continue into First Quarter 2025. Negotiations to terminate other related contracts are ongoing. As part of the permitting process for the GalliCam project, voluntary consultation managed by Sibanye-Stillwater with local stakeholders in France will be undertaken during September and October 2024. The construction of a pilot plant representing a small-scale pCAM precipitation process is underway at the Sandouville refinery site and is planned to begin testing from the end of Third Quarter 2024. There will be no changes to the Sandouville refinery's production guidance for 2024. Sibanye-Stillwater will provide further information on the GalliCam project as the studies advance. The results of the PFS will determine which activities will be undertaken at the Sandouville site during 2025 to 2026. Announcement • May 25
Sibanye Stillwater Limited Announces Changes to Board Committees Sibanye Stillwater Limited advised shareholders that its Board of Directors have altered the composition of its board committees as follows: Mr. Harry Kenyon-Slaney and Dr. Peter Hancock have been appointed as additional members of the Audit Committee; Dr. Elaine Dorward-King and Mr. Philippe Boisseau have been appointed as additional members of the Remuneration Committee; Mr. Philippe Boisseau and Dr. Peter Hancock have been appointed as additional members of both the Investment and Risk Committees; Mr. Philippe Boisseau has been appointed as an additional member of the Social, Ethics and Sustainability Committee; Dr. Peter Hancock has been appointed as an additional member of the Safety and Health Committee. The changes are effective immediately. Announcement • Apr 11
Sibanye Stillwater Limited Appoints Philippe Boisseau as Non-Executive Director Sibanye Stillwater Limited announced that Philippe Boisseau, Non-Executive Director of the Company, has been appointed as a Non-Executive Director, with effect from 8 April 2024. Announcement • Mar 29
Sibanye Stillwater Limited, Annual General Meeting, May 27, 2024 Sibanye Stillwater Limited, Annual General Meeting, May 27, 2024. Announcement • Mar 20
Sibanye Stillwater Limited Appoints Greg Cochran as Executive Vice President Head of Uranium, Effective 1 June 2024 Sibanye Stillwater Limited announced that it has appointed Greg Cochran as Executive Vice President (EVP) Head of uranium, effective 1 June 2024. Greg will be responsible for developing and driving strategies to realise and optimise the inherent value of the Group's substantial uranium resources, as well as for leveraging his significant experience and track record of value creation in the uranium industry to capitalise on other opportunities that may arise. Greg is a respected international mining executive with over 30 years of experience in a diverse range of commodities and in various leadership positions globally and in uranium. His extensive uranium industry experience spans over 15 years, beginning in 2006 when he joined Uranium One's South Australian team, guided the Honeymoon Mine through its environmental approvals and oversaw the establishment of the Mitsui, Uranium One Australia JV. Greg also led the due diligence team on Uranium One's CAD 3.8 billion acquisition of UrAsia Ltd. in 2007, which was the largest uranium transaction in history and was responsible for the integration and management of the Kazakh joint venture interests. Greg has also led other uranium companies including Namibian-focussed uranium developer Deep Yellow Limited, and most recently, as the Managing Director and CEO of Aurora Energy Metals that has an advanced uranium project in the USA. Prior to Aurora he was the CEO Reward Minerals, an aspiring sulphate of potash development company. Announcement • Mar 19
Sibanye Stillwater Limited (JSE:SSW) completed the acquisition of Reldan Group of Companies. Sibanye Stillwater Limited (JSE:SSW) entered into an agreement to acquire Reldan Group of Companies in a deal valued at approximately $210 million on November 9, 2023. The acquisition is being concluded at an enterprise value of $211.5 million, with a cash purchase consideration payable of $155.4 million. The consideration was paid from the proceeds of the $500-million senior unsecured guaranteed convertible bond. The Transaction is expected to close during the first quarter of 2024, subject to receipt of applicable antitrust and regulatory approvals and satisfaction of other closing conditions. For 2022, Reldan generated $371 million revenue, $42 million EBITDA, $39 million in earnings and $28 million in free cash flow. The acquisition is expected to be value accretive and positively contribute to the Sibanye-Stillwater Group earnings and cash flow from day one. Goldman Sachs International acted as financial advisor and Michael J. Willisch, Ronan P. Harty, Paul D. Marquardt, Alon Gurfinkel, David A. Zilberberg of Davis Polk & Wardwell Madrid, London, Washington DC and New York offices acted as legal advisors for Sibanye Stillwater. As of March 5, 2023, the transaction will be concluded in March 2024.
Sibanye Stillwater Limited (JSE:SSW) completed the acquisition of Reldan Group of Companies on March 18, 2024. Announcement • Mar 12
Sibanye Stillwater Limited Announces Board Changes Sibanye Stillwater Limited announced that Ms. Savannah Nonhlanhla Danson (Savannah) has resigned from the Board of Directors as an independent Non-Executive Director and member of the following committees: Safety and health; Remuneration; Audit; Risk; and Investment due to an increasing external workload. Savannah was appointed as an independent Non-Executive Director of the Board on 23 May 2017. The Board and management would like to extend their appreciation to Savannah for her commitment, leadership, valuable contribution and service to the Company over the years. In addition to the above changes, Mr. Harry Kenyon-Slaney has been appointed as an additional member of the Nominating and Governance Committee with effect from 1 May 2024. Announcement • Feb 14
JPMorgan Chase & Co. acquired an unknown minority stake in Sibanye Stillwater Limited (JSE : SSW). JPMorgan Chase & Co. acquired unknown minority stake in Sibanye Stillwater Limited (JSE : SSW) on February 14, 2024. On completion, JP Morgan Chase & Co., in aggregate, has acquired an interest resulting in 5.64% holding of the total issued shares of Sibanye-Stillwater.JPMorgan Chase & Co. completed the acquisition of unknown minority stake in Sibanye Stillwater Limited (JSE : SSW) on February 14, 2024. Announcement • Jan 09
Sibanye Stillwater Limited Appoints Melanie Naidoo-Vermaak as Chief Sustainability Officer Sibanye Stillwater Limited announced that it has appointed Melanie Naidoo-Vermaak as Chief Sustainability Officer, effective 1 January 2024. Melanie has over 20 years' experience in sustainable development in both the private mining and public sectors in South Africa and globally. Melanie holds a Bachelor of Sciences (BSc) (Hons), a Master of Sciences (MSc) in Sustainable development and a Master of Business Administration (MBA). Before joining Sibanye-Stillwater, she worked at various leading international mining companies, including Harmony Gold Mining Company Limited, De Beers Consolidated Mines Limited, BHP Billiton Limited and Anglo American plc. Announcement • Dec 09
Lingotto Investment Management LLP acquired a 5.11% stake in Sibanye Stillwater Limited (JSE:SSW). Lingotto Investment Management LLP acquired a 5.11% stake in Sibanye Stillwater Limited (JSE:SSW) on December 8, 2023. Lingotto Investment Management LLP completed the acquisition of a 5.11% stake in Sibanye Stillwater Limited (JSE:SSW) on December 8, 2023. Announcement • Oct 08
Sibanye-Stillwater Approves the Development of the Second Phase of Its Keliber Lithium Project Sibanye-Stillwater announced that it has approved the commencement of the second phase of its Keliber lithium project which includes the construction of the concentrator and the development of the Syvajarvi open pit mine in Paivaneva in Finland. Delivery of ore from the Syvajarvi Open pit mine will be timed to coincide with the commissioning of the concentrator. The environmental permit for phase two was received in December 2022, which enables the development to continue. The appeal lodged by Sibanye-Stillwater, querying the terms of six of the 144 permitting conditions. This increase is due to the revision of the effluent water treatment facility at the Keliber lithium refinery. The company incorporated amended technology into the flowsheet to ensure compliance with environmental permits, which will also result in increased recoveries. Despite the higher capital requirements, the adjustment has not had a negative impact on the net present value of the project due to the positive impact of the expected recoveries. The updated aggregated project capital for the Keliber project is estimated at EUR656 million (2023 real terms) including contingencies (previously EUR588 million in 2022 real terms). The equity funding for the project has already been secured and completed, while the finalisation of the debt funding is in progress. Announcement • Sep 27
UBS Group AG (SWX:UBSG) acquired a 5.07% stake in Sibanye Stillwater Limited (JSE:SSW). UBS Group AG (SWX:UBSG) acquired a 5.07% stake in Sibanye Stillwater Limited (JSE:SSW) on September 26, 2023. UBS Group AG (SWX:UBSG) completed the acquisition of a 5.07% stake in Sibanye Stillwater Limited (JSE:SSW) on September 26, 2023. Announcement • Aug 26
Sibanye Stillwater Limited to Report Fiscal Year 2024 Results on Apr 25, 2025 Sibanye Stillwater Limited announced that they will report fiscal year 2024 results on Apr 25, 2025 Announcement • Jul 25
Suitors Reportedly Prepare to Lob Bids for Chalice Suitors lining up for $2.3 billion nickel explorer and developer Chalice Mining Limited (ASX:CHN) are preparing to lob their final offers by August 21, sources say. The company's main project is its Julimar nickel and copper project in Western Australia's Avon region, 70km northeast of Perth. The group's Gonneville deposit is one of the world's nickel sulphide discoveries. It reported a net loss of $33.7 million for the six months to December and is looking for a backer to fund its development through Standard Chartered. But some believe the process could result in an acquisition of the company as a whole. Sources say Chalice is open to several options including a partial sale of about 20% of the group, or 100%. The king maker is Founding Chairman Tim Goyder, who owns just over 8% of the business. He has proved a tough negotiator on price, based on the experience of Albemarle, which has been courting Liontown. Mr. Goyder, who stepped down as the Chairman of Chalice Mining in 2021, also owns 15% of Liontown. Albemarle, the world's lithium producer, offered $5.5 billion for that company, currently worth $6 billion, but that was rejected. Anglo American plc (LSE:AAL), South32 Limited (ASX:S32), BHP Group Limited (ASX:BHP) and Rio Tinto Limited are expected to be lining up for Chalice's platinum metals assets. Some experts say the big players will be obliged to look at the asset, simply given the size of the resource, but the project is not yet in production and will take a long time from an environment point of view. The world's platinum producer, Sibanye Stillwater Limited (JSE:SSW), could also be in the mix. Announcement • May 27
Sibanye Stillwater Limited Appoints Dr. Elaine Dorward-King as Additional Member to the Risk Committee Sibanye Stillwater Limited announced that Dr. Elaine Dorward-King has been appointed as an additional member to the Risk Committee with effect from 26 May 2023. Announcement • May 05
Sibanye Stillwater Limited to Report Second Half, 2023 Results on Feb 09, 2024 Sibanye Stillwater Limited announced that they will report second half, 2023 results on Feb 09, 2024 Announcement • Feb 04
Sibanye Stillwater Limited to Report Fiscal Year 2022 Results on Feb 28, 2023 Sibanye Stillwater Limited announced that they will report fiscal year 2022 results at 7:00 AM, US Eastern Standard Time on Feb 28, 2023 Announcement • Feb 18
Sibanye Stillwater Limited to Report First Half, 2023 Results on Aug 29, 2023 Sibanye Stillwater Limited announced that they will report first half, 2023 results on Aug 29, 2023 Announcement • Nov 13
Federal Court Dismisses Class Action Suit Against Sibanye-Stillwater Sibanye-Stillwater announced that on 10 November 2020, a Brooklyn, New York, Federal Court dismissed with prejudice, a putative securities class action suit seeking damages for allegedly false and/or misleading statements by the Group and CEO Neal Froneman (the "Defendants"), related to safety incidents in 2018. The class action was brought on behalf of all persons or entities who purchased Sibanye-Stillwater ADRs between 23 February 2017 and 31 October 2018, inclusive. The class action was filed shortly after the occurrence of fatal incidents at Sibanye- Stillwater's SA gold operations in first half of 2018. The Plaintiffs alleged that, in light of the fatalities, statements that the Defendants made regarding safety were false and misleading and violated the U.S. federal securities laws. In dismissing the class action, the Court found that Plaintiffs failed to allege any violation of the U.S. securities laws, based on their failure to allege any materially false or misleading statements. The Court also found that Plaintiffs failed to establish that the Defendants acted with fraudulent intent, or that their alleged losses were caused by the statements in question. In doing so, the Court denied the Plaintiffs' request to file a further amended complaint, finding that it would be futile, and directed the Clerk of the Court to enter judgment and close the case. These Court proceedings are thus concluded, subject to any further proceedings required in the trial court to finalize a judgment and any appeals that may be lodged. Announcement • Oct 18
Delaware Supreme Court Affirms the Sibanye Stillwater Limited Appraisal Decision to Uphold the Deal Price Sibanye-Stillwater advised that the Delaware Supreme Court has issued its opinion on the Stillwater Appraisal Action, affirming the favorable decision by the Delaware Court of Chancery on 21 August 2019 to uphold the deal price of the acquisition of Stillwater Mining Company (Stillwater) by the Group. The action was brought by a group of minority shareholders (the Dissenting Shareholders) of Stillwater, following the acquisition of Stillwater by the Group in May 2017 for a cash consideration of USD 18 per Stillwater share. The consideration to the Dissenting Shareholders, which was equal to the original offer price plus interest, was previously paid. Announcement • Oct 16
BlackRock, Inc. (NYSE:BLK) acquired an additional unknown stake in Sibanye Stillwater Limited (JSE:SSW). BlackRock, Inc. (NYSE:BLK) acquired an additional unknown stake in Sibanye Stillwater Limited (JSE:SSW) on October 15, 2020. BlackRock now holds 5% stake in Sibanye Stillwater.
BlackRock, Inc. (NYSE:BLK) completed the acquisition of an additional unknown stake in Sibanye Stillwater Limited (JSE:SSW) on October 15, 2020. Announcement • Oct 03
Sibanye Stillwater Limited Announces Executive Changes Sibanye-Stillwater provided an update regarding organizational structure changes, designed to enhance delivery and strategic focus. Richard Stewart, currently Executive Vice President: Business Development has been promoted to Group COO effective 1 December 2020. Richard joined the Group in 2014 and has been instrumental in executing the groups external growth and business development strategies. Richard has over 20 years' experience in the mining sector and holds a Phd in geology. Laurent Charbonnier will be joining the company and assuming the role of EVP Business Development. Laurent has more than 20 years' experience in investment banking and recently left his role as Managing director and Global Head of Metals & Mining for HSBC, which he occupied for the last eight years. Following the untimely passing of Chris Bateman on 6 September 2020, Wayne Robinson (currently EVP: SA PGM operations) has been appointed EVP: Montana operations. Wayne has worked in the South African gold and platinum mining sectors for more than 25 years. Lerato Legong, who joined the Group in early 2020 as SVP Legal and Compliance, has been promoted to EVP: Legal and Compliance. He has served both in private practice and as in-house counsel in the mining industry over a 17-year period. Announcement • Aug 30
Sibanye Stillwater Limited to Report Second Half, 2020 Results on Feb 18, 2021 Sibanye Stillwater Limited announced that they will report second half, 2020 results on Feb 18, 2021