@sibanyestillwater.com
Sibanye-Stillwater is the worldβs largest primary producer of platinum, second largest primary producer of palladium and third largest producer of gold.
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Sibanye is a major mining company based in South Africa, with its headquarters located in Westonaria, Gauteng. The company has a rich history that dates back to 2013 when it was spun off from Gold Fields Limited. Initially focused solely on gold mining, Sibanye has since diversified its operations and now also engages in platinum, palladium, and rhodium mining.
One of the company's main products is gold, with its gold mines located primarily in the Witwatersrand Basin. Sibanye also operates platinum mines in Rustenburg, while its palladium and rhodium operations are located in South Africa's North West Province. Furthermore, the company has expanded its footprint beyond South Africa and now operates in Zimbabwe and the United States.
Sibanye has undergone several acquisitions and partnerships to strengthen its market position. In 2016, the company acquired platinum miner Aquarius Platinum, further cementing its presence in the platinum industry. Additionally, Sibanye formed a joint venture with DRDGOLD in 2017, focusing on the extraction of gold from mining tailings.
In terms of market position, Sibanye is a significant player in the global mining industry. It consistently ranks among the top gold and platinum producers globally. The company's strong market presence is a result of its diverse portfolio and the strategic acquisitions it has made over the years.
Sibanye has achieved several milestones and made noteworthy changes to its strategy. In 2019, the company acquired Lonmin, a major platinum producer, expanding its platinum operations. This acquisition positioned Sibanye as one of the world's largest primary platinum producers.
Currently, Sibanye continues to be a prominent player in the mining sector, offering a diverse range of precious metals. The company's operations extend beyond South Africa, with a growing international presence. Sibanye's dedication to expanding its portfolio and strategic acquisitions has contributed to its status as a leading global mining company
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