Sibanye-Stillwater's stock is experiencing a decline in after-hours trading following the announcement of a massive gold discovery in central China's Hunan Province. The discovery, reported on December 6, 2024, involves over 1,000 metric tons of gold, valued at more than $83 billion. This significant find could potentially impact global gold prices and the competitive landscape for gold producers, including
Sibanye-Stillwater's stock is experiencing a decline in after-hours trading following the company's announcement of plans to issue $500 million in bonds. The proceeds from this bond sale are intended to finance the acquisition of Reldan, a precious metal refiner. This move has raised concerns among investors about the potential financial burden and dilution of shareholder value, leading to a negative reacti
Sibanye-Stillwater Limited (SBSW) shares are experiencing an uptick in after-hours trading, likely influenced by recent developments in the company's strategic initiatives. Notably, Sibanye-Stillwater has signed a Memorandum of Understanding (MOU) with C5 Capital to advance nuclear energy projects in South Africa, the United States, and globally. This partnership aims to leverage Sibanye-Stillwater's expert
Sibanye-Stillwater Limited (SBSW) shares are seeing a modest increase in after-hours trading, likely driven by the broader positive trends in the mining sector. According to recent data from S&P Global Market Intelligence, the mining sector experienced a significant uptick in activity during October, with the Pipeline Activity Index rising by 45% compared to September. This growth was fueled by increased dr
Sibanye-Stillwater Limited (SBSW) shares are experiencing an uptick today, likely influenced by the broader positive sentiment in the precious metals market. Gold and silver prices have risen, supported by a weaker U.S. dollar index and lower U.S. Treasury yields, which are enhancing the appeal of these metals as safe-haven assets. The ongoing geopolitical tensions, particularly in Eastern Europe, are also
Sibanye-Stillwater Limited (SBSW) is seeing an uptick in its stock price after hours, following the announcement of a memorandum of understanding (MOU) with C5 Capital. This agreement aims to advance nuclear energy initiatives in South Africa, the United States, and globally. The collaboration is expected to leverage Sibanye-Stillwater's expertise in mining and C5 Capital's focus on energy security and sust
Sibanye-Stillwater Limited (SBSW) is experiencing a decline in its stock price today, which can be attributed to broader market trends affecting precious metals. The U.S. dollar index (USDX) has shown signs of strengthening, exerting downward pressure on gold and silver prices. As a major producer of platinum group metals, Sibanye-Stillwater's performance is closely tied to the fluctuations in these commodi
Sibanye-Stillwater Limited (SBSW) shares are experiencing an uptick today following a significant legal development. On November 29, 2024, the High Court of England and Wales ruled against Sibanye-Stillwater, finding that the company unlawfully terminated a $1.2 billion transaction with Appian Capital Advisory LLP. The court's decision holds Sibanye liable for damages, which Appian is seeking to recover, in
Sibanye-Stillwater Limited (SBSW) shares are experiencing a modest uptick in after-hours trading following the announcement of a memorandum of understanding (MOU) with C5 Capital. This agreement aims to advance nuclear energy initiatives in South Africa, the United States, and globally. The collaboration is expected to leverage Sibanye-Stillwater's resources and expertise in the mining sector to support the
Sibanye-Stillwater Limited (SBSW) is experiencing a decline in its stock price today, which can be attributed to broader market trends affecting the precious metals sector. A significant factor is the recent drop in gold prices, which have fallen approximately 4% in November following a Republican Party victory in the U.S. elections. This decline in gold prices has impacted mining companies like Sibanye-Sti
Sibanye-Stillwater Limited (SBSW) stock is experiencing a modest uptick today, likely influenced by broader market dynamics in the precious metals sector. Recent analysis highlights a widening spread between silver and gold prices, which could be prompting increased interest in silver-related investments. This divergence in performance between the two metals has been noted by Wall Street analysts, who sugge
Sibanye-Stillwater Limited (SBSW) shares are down 0.45% in after-hours trading, reaching $4.02, following a close at $4.04 on November 26, 2024. The decline comes amid a broader bearish sentiment in the precious metals market, as highlighted by recent market analysis. The analysis points to a short-term underperformance of miners relative to gold, despite support from the stock market, which is seen as a be
Sibanye-Stillwater Limited (SBSW) shares are up 0.99% in after-hours trading, reaching $4.08, following a close at $4.04 on November 26, 2024. The uptick comes after the announcement of a memorandum of understanding (MOU) with C5 Capital to advance nuclear energy initiatives in South Africa, the United States, and globally. This strategic move is seen as a significant step for Sibanye-Stillwater, potentiall
Sibanye-Stillwater Limited (SBSW) shares are down today, trading at $4.02, a 1.21% decrease from the previous close of $4.07. The decline in SBSW's stock price comes amid a broader downturn in the gold market, as reports of de-escalating tensions in the Middle East have led to a drop in gold prices. This development has likely impacted investor sentiment towards gold mining stocks, including Sibanye-Stillwa
Sibanye-Stillwater Limited (SBSW) shares are down 3.08% to $4.09 as of 1:51 pm on Monday, compared to its previous close of $4.22 on November 22nd. The decline in SBSW's stock price is primarily influenced by the broader market reaction to falling gold prices, which have tumbled about 3% to $2,627.01 an ounce by midday. This drop in gold prices follows reports of de-escalating geopolitical tensions in the M
Sibanye-Stillwater Limited (SBSW) shares are down 2.73% to $4.11 as of 10:22 am on Monday, compared to its previous close of $4.22 on November 22nd. The decline in SBSW's stock price is occurring amid broader market pressures on gold mining shares, which have faced downward revisions in share price targets by some analysts. This comes as gold prices experience significant declines due to increased risk appe
Sibanye-Stillwater Limited (SBSW) shares fell 3.25% to $4.17 in after-hours trading, following a close at $4.31 on November 19, 2024. The decline comes after the company announced plans to issue $500 million in bonds to finance the acquisition of precious metal refiner Reldan. This move has raised concerns among investors about the potential increase in debt and the strategic direction of the company, leadi
Sibanye-Stillwater Limited (SBSW) shares are up 3.77% pre market to $4.13 as of 6:11 am on November 18, 2024, from a previous close of $3.98 on November 15. The stock's rise follows the announcement that the company's South African operations have been recognized with six health and safety awards at the Southern African Institute of Mining and Metallurgy (SAIMM) MineSafe 2024 conference. These awards highli
Sibanye-Stillwater Limited (SBSW) shares are up 0.87% to $4.07 as of 10:13 am on Thursday, following an opening price of $3.98. Despite a challenging environment for precious metals, with gold prices slipping to a near two-month low due to a stronger dollar and rising Treasury yields, SBSW has managed to edge higher. The company's stock movement may be attributed to its diversified portfolio, which includes
Sibanye-Stillwater Limited (SBSW) shares are down 3.55% to $4.07 as of 10:56 am on Tuesday, from its previous close of $4.22. The decline comes amid a broader downturn in the precious metals market, with gold prices hitting a two-month low as the U.S. dollar strengthens. This macroeconomic factor is impacting mining stocks, including Sibanye-Stillwater, which is heavily involved in gold mining. Additionally