Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Sibanye Stillwater Limited    SSW   ZAE000259701

SIBANYE STILLWATER LIMITED

(SSW)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Sibanye-Stillwater Inks Wage Agreement With Kroondal Mine Workers

10/23/2020 | 06:26am EST

By Jaime Llinares Taboada

Sibanye-Stillwater Ltd. said Friday that it has signed a new wage agreement with two unions representing workers from its Kroondal platinum-group-metals mine in South Africa.

The Johannesburg- and New York-listed miner said the deal is for the three years from July 2020 to June 2023.

Sibanye-Stillwater, the National Union of Mineworkers and the Association of Mineworkers and Construction Union agreed to a 5% or a 1,000 rand ($61.38) monthly basic wage increase for the first year--whichever is higher.

"The outcome is in line with our vision and purpose and results in competitive remuneration for our employees while taking into account the longer-term sustainability of our Kroondal operation," Chief Executive Neal Froneman said.

Sibanye-Stillwater employs more than 5,495 employees at its Kroondal underground mine, under a 50%/50% pooling and sharing agreement with Anglo American Platinum Ltd.

Shares in Johannesburg at 1004 GMT were up 1.0% at ZAR52.74.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

10-23-20 0625ET

Stocks mentioned in the article
ChangeLast1st jan.
ANGLO AMERICAN PLATINUM LIMITED -1.67% 1112.23 End-of-day quote.-14.92%
ANGLO AMERICAN PLC 5.60% 2311.5 Delayed Quote.0.74%
DOW JONES AFRICA TITANS 50 INDEX 0.12% 498.2 Delayed Quote.-6.74%
DOW JONES SOUTH AFRICA(ZAR) 0.16% 1719.55 Delayed Quote.-5.17%
PLATINUM 3.03% 959.642883 Delayed Quote.-1.58%
S&P AFRICA 40 INDEX 0.32% 161.48 Delayed Quote.-5.59%
SIBANYE STILLWATER LIMITED -6.02% 48.69 End-of-day quote.35.66%
THE PLATINUM GROUP PUBLIC COMPANY LIMITED -2.31% 2.54 End-of-day quote.-37.75%
All news about SIBANYE STILLWATER LIMITED
11/23Gold mining emissions draw scrutiny after price surge
RE
11/20SIBANYE STILLWATER : Dealings by an Associate
PU
11/18GENERATION MINING : Welcomes Appointment of Federal, Provincial Environmental Re..
AQ
11/18Top Three Gold Mining Companies Hit $73.8B in Combined Market Cap, a 36% YTD ..
AQ
11/17SIBANYE STILLWATER : Updated Investor relations meeting presentation
PU
11/17SIBANYE STILLWATER : New Sibanye-Stillwater presentation available on the Group'..
PU
11/17SIBANYE STILLWATER : BMO sales and investor engagement presentation
PU
11/17SIBANYE STILLWATER : Director dealings in securities
PU
11/16SIBANYE STILLWATER : Updated Investor relations meeting presentation
PU
11/13SIBANYE STILLWATER : Class action suit against Sibanye-Stillwater dismissed
AQ
More news
Financials
Sales 2020 123 B 8 057 M 8 057 M
Net income 2020 25 432 M 1 672 M 1 672 M
Net cash 2020 2 007 M 132 M 132 M
P/E ratio 2020 5,62x
Yield 2020 6,52%
Capitalization 142 B 9 355 M 9 362 M
EV / Sales 2020 1,15x
EV / Sales 2021 0,74x
Nbr of Employees 80 000
Free-Float -
Chart SIBANYE STILLWATER LIMITED
Duration : Period :
Sibanye Stillwater Limited Technical Analysis Chart | SSW | ZAE000259701 | MarketScreener
Technical analysis trends SIBANYE STILLWATER LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Average target price 68,50 ZAR
Last Close Price 48,69 ZAR
Spread / Highest target 84,8%
Spread / Average Target 40,7%
Spread / Lowest Target -7,58%
EPS Revisions
Managers
NameTitle
Neal John Froneman Chief Executive Officer & Executive Director
Thabane Vincent Maphai Chairman
Charl Keyter Chief Financial Officer & Executive Director
Timothy John Cumming Independent Non-Executive Director
Savannah Danson Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SIBANYE STILLWATER LIMITED35.66%9 819
IMPALA PLATINUM HOLDINGS LIMITED10.79%7 886
KOREA ZINC COMPANY, LTD.-7.18%6 231
HECLA MINING COMPANY51.92%2 591
SILVERCREST METALS INC.29.08%1 117
CML GROUP LIMITED-35.71%61