South African miner Sibanye-Stillwater has purchased the Santa Rita and Serrote mines in Brazil from Appian Capital Advisory for US$1.0 billion. The deal adds two low-cost, producing assets to the company’s green metals portfolio. “The transaction is a significant additional step in Sibanye-Stillwater’s ongoing strategy to position the business for continued value creation during our transition into a climate change…
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Kloof operation back online after fatal incident
Sibanye-Stillwater has confirmed that its Kloof gold mine in the Gauteng province of South Africa has returned to normal production operations following a Sept. 19 incident at the site where a miner went missing. The company, which located the body of the missing miner the evening of Sept. 22 after extensive search efforts by mine research and rescue teams, told…
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