Sibanye Gold Limited. JSE: SGL

Sibanye Gold shares

Background of SIBANYE

  • Sibanye Gold is an independent mining group which owns and operates a portfolio of gold and platinum group metals operations in South Africa and the United States of America. The group is the world’s third-largest producer of platinum and palladium today, and is also one of the world’s top ten gold companies.
  • The Gold Division comprises the Cooke, Driefontein and Kloof operations in the Witwatersrand and the Beatrix operation in the Free State. The division also owns and manages extraction and processing facilities where gold-bearing ore is treated and beneficiated.
  • The Platinum Division was formed through the purchase of Aquarius Platinum in April 2016. Assets include 50% stakes in the Kroondal and Mimosa mines, and a 91.7% stake in Platinum Mile. In 2017, the group made a decision to buy the Stillwater Mining Company, which owns palladium and platinum producing operations in Montana, USA, representing the largest PGM transaction in over a decade.
  • Sibanye Gold shares are for sale on the Johannesburg Stock Exchange (JSE) where the group has a market cap of R40 billion.

Sibanye Shares Growth Driver

  • In addition to its high-quality gold mining assets, Sibanye has made extensive moves to diversify into the PGMs sector through its acquisitions of Aquarius Platinum and Stillwater Mining. The decision followed uncertainty within the mining sector and production disruptions due to strikes.
  • Stillwater Mining has a strong history of being the lowest cost PGMs producer in the world, in addition to owning the highest grade PGM mines in the world. Shareholders were overwhelmingly supportive of the acquisition, with strong financial support shown from some of the largest financial institutions in the world. This illustrates huge confidence in Sibanye’s strategic rationale. The acquisition has positioned Sibanye as a globally competitive precious metals company.
  • The integration of Aquarius Platinum’s operations in South Africa is progressing well, with Sibanye’s operating model already producing positive financial data and improved performance. Operating costs have been reduced by 12%, with platinum production being sustained at the planned levels.
  • In the Gold Division, gold production was slightly lower in the first quarter of 2017, mainly due to the closing of Cooke 4 shaft in September 2016. Results were also impacted by significant depreciation in the rand-dollar exchange rate, with average rand gold price dropping by 14%. The division has recently been strengthened with the appointment of two senior managers with more than 30 years of combined experience in the industry.

Sibanye Investor Tip

  • The live online stocks chart shows a significant increase in Sibanye Gold share price since the Stillwater transaction was concluded. The effects of the acquisition should produce some very positive results for the group and its shareholders. Investors have forecast the share price will continue to strengthen going forward, with the consensus that Sibanye shares are currently a good buy. The future looks bright for this large and well-established company, particularly when considering the massive capital it has on hand.

Sibanye Major Shareholders

Gold One International Ltd., Public Investment Corporation, Van Eck Associates Corporation, Old Mutual
  • Sector


  • Industry

    Gold and Platinum

  • Sub industry

    Gold and Platinum

How to buy SIBANYE Shares

  • SIBANYE : How to buy SIBANYE Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy SIBANYE shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in SIBANYE and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase ACCPROP shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in SIBANYE.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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