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Sibanye-Stillwater is a multinational mining and metals processing Group with a diverse portfolio of mining and processing operations and projects and investments across five continents. The Group is also one of the foremost global PGM auto catalytic recyclers and has interests in leading mine tailings retreatment operations.
The Kroondal mine is a large open pit mine located in the north-western part of South Africa in Rustenburg, North West. Kroondal represents one of the largest platinum reserves in South Africa having estimated reserves of 6.2 million oz of platinum. [2] The mine produces around 217,000 oz of platinum/year. [2]
Aquarius Platinum plc is a Bermuda-registered and headquartered mining business.. Aquarius was quoted on the London Stock Exchange, the Australian Stock Exchange and the Johannesburg Stock Exchange and also had a sponsored Level 1 ADR program in the United States until it was acquired by Sibanye Gold in April 2016.
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Norilsk Nickel had bought a 51% stake in Stillwater in 2003, but in November 2010 Norilsk Nickel announced plans to sell this stake. [2] The South African mining company Sibanye Gold Limited proposed in December 2016 to acquire Stillwater for $2.2 billion ($18/share, a 61-percent premium over its average share price during the previous 52 weeks).
In 2009, ARM joined the International Council on Mining and Metals. [12] In 2009, ARM was reported to be planning $1.12 billion investments in mining in Zimbabwe. [13] [14] In August 2010, ARM entered a $380 million joint venture with Vale to build a copper mine in Zambia, which was expected to produce 100,000 tons of copper.
In Kosovo, a state-owned energy company plans to destroy a village to make way for expanded coal mining as the government and the World Bank plan for a proposed coal-burning power plant. The government has already forced roughly 1,000 residents from their homes. Many former residents claim officials violated World Bank policy requiring borrowers to restore their living conditions at equal or ...
The Thembelani mine is a large open pit mine located in the north-western part of South Africa in Rustenburg, North West. Thembelani represents one of the largest platinum reserves in South Africa having estimated reserves of 15.6 million oz of platinum. [1] The mine produces around 100,000 oz of platinum/year. [1]