SBSW Stock Recent News

(Kitco News) - Sibanye-Stillwater (NYSE: SBSW) reported today that production from its gold operations in South Africa (including DRDGOLD) was 197,663 oz in Q3 2023, down 3% compared to Q3 2022.

Sibanye Stillwater: Weakness Ahead Offers Opportunity

Sibanye Stillwater's stock has fallen over 20% since my last call due to the lack of recovery in automotive demand and falling metal prices. Despite challenges, Sibanye Stillwater maintains a strong balance sheet and has a wide economic moat. The company's focus on platinum group metals recycling and expansion into "green metals" positions it well for long-term growth.

Dividend assets and fixed-income investing generally provide similar functions to a diversified investment portfolio. Although one might argue that fixed-income has the added benefit of diversification, it doesn't help diversifying for the sake of it.

(Kitco News) - Sibanye-Stillwater (NYSE: SBSW) announced on Friday that it has approved the commencement of the second phase of its Keliber lithium project in Finland.

Sibanye Stillwater Limited's Kloof Gold Mine is undergoing restructuring amid implications at Shaft 4. Public comments suggest the firm's subsidiary is examining the possibility of PGM tailings. In our opinion, Sibanye might pivot out of gold mining and rely on tailings.

(Kitco News) - Mining and metals processing group Sibanye-Stillwater (NYSE: SBSW) today announced the initiation of S189 consultations regarding the possible restructuring of its SA gold operations due to ongoing losses over an extended period and operational constraints at the Kloof 4 shaft.

Sibanye Stillwater had a very rough H123, and SBSW stock is down about 40% from February, when I rated it a buy. South African PGM operations are preparing for a prolonged down cycle and managing load curtailment. US PGM operations are impacted by skill shortages and the need for higher spot prices.

Sibanye Stillwater Limited (NYSE:SBSW ) Q2 2023 Earnings Conference Call August 29, 2023 8:00 AM ET Company Participants Neal Froneman - CEO Richard Stewart - Chief Regional Officer, Southern Africa Charles Carter - Chief Regional Officer, Americas Grant Stuart - Head, Recycling Mika Seitovirta - Chief Regional Officer, Europe Robert Van Niekerk - Chief Technicaland Innovation Officer Charl Keyter - CFO James Wellsted - EVP, IR and Corporate Affairs Kevin Robertson - EVP, US PGM operations Conference Call Participants Adrian Hammond - SBG Securities Raj Ray - BMO Capital Markets Chris Nicholson - RMB Morgan Stanley Cameron Needham - Bank of America Leroy Mnguni - HSBC Neal Froneman Good afternoon and good morning ladies and gentlemen. Welcome to our H1 2023 Results Presentation.

(Kitco News) - Diversified mining company Sibanye-Stillwater (NYSE: SBSW) reported on Tuesday that production from its gold operations in South Africa (excluding DRDGOLD) was 334,721 oz in H1 2023, up 233% compared with H1 2022.