Bim/E+ via Getty Images Sibanye Stillwater (NYSE:SBSW) said Thursday a cyberattack on its IT system since Monday has disrupted some global operations, but its core mining and processing business was operating normally. The attack brought down its server and disrupted the system globally, a company spokesperson told Reuters, adding thatContinue Reading
Sunshine Seeds/iStock via Getty Images Sibanye Stillwater (NYSE:SBSW) -0.6% in Tuesday’s trading after saying it cut more than 2K jobs and merge gold and platinum metals operations in South Africa, Dow Jones reports, as the miner moves forward with its planned restructuring to lower costs and raise profitability. Sibanye (SBSW)Continue Reading
Sunshine Seeds/iStock via Getty Images Sibanye Stillwater (NYSE:SBSW) would be forced to shutter its Montana palladium mine if prices fail to rebound soon, CEO Neal Froneman said Wednesday, according to Bloomberg. “The future of Stillwater remains in the balance,” the CEO said when asked at a London conference about theContinue Reading
Sunshine Seeds/iStock via Getty Images Sibanye Stillwater (NYSE:SBSW) may close a metals streaming deal during Q3 that would raise cash to help boost its balance sheet, CEO Neal Froneman said Tuesday. Potential financiers are conducting due diligence at Sibanye (SBSW), Froneman told Reuters at a mining conference in London. “We’veContinue Reading
