-
South Africa: It's a Done Deal, Sibanye Tells Mining Communities Challenging R5 Billion Lonmin Merger
Daily Maverick, 5 August 2019
Sibanye-Stillwater is opposing a Constitutional Court application launched by six mining communities to have the company's merger with Lonmin reversed. The mining communities said… Read more »
Signed, Sealed, Delivered - Sibanye, Lonmin Conclude Merger
South Africa's Sibanye Mine's takeover of Lonmin Mine has been concluded, despite opposition from mining communities. The takeover which was approved by shareholders on May 28, 2019, brings an end to an era in the country's platinum sector as Lonmin, formerly linked to Lonrho, leaves with a history stretching back over a century. Sibanye now becomes the world's largest primary producer of platinum group metals. Lonmin has been at the centre of controversy after the killing of over 30 miners by police during a wage protest action in 2012. Sibanye has been involved in a restructuring exercise which threatened thousands of jobs earlier this year.
InFocus
-
Five years ago today, 34 miners, mine security personnel and a member of the South African Police, lost their lives at Marikana after protests over salaries, living and working ... Read more »
-
The death toll at Sibanye-Stillwater's operations during 2018 stands at more than 20 - close to half of the fatalities in the entire mining industry. Read more »
