Company: Sibanye Gold
Country: South Africa
Sector: Mining
CEO: Richard Stewart
Website: https://www.sibanyestillwater.com
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Weltevreden Park, Johannesburg, South Africa
Founded: 2013
Valuation/Revenue: $8,692m revenue (African Business Top 250, 2025 ranking)
Sibanye-Stillwater (formerly Sibanye Gold) is a diversified South African-headquartered precious metals mining group producing gold and platinum group metals (PGMs) including platinum, palladium and rhodium, with operations in South Africa, the United States and, more recently, battery-metals interests in Europe. It is listed on both the Johannesburg Stock Exchange and the New York Stock Exchange.
Is Sibanye-Stillwater Legit?
Yes, Sibanye-Stillwater is a genuine, dual-listed mining company, not a scam. It publishes detailed audited annual and interim financial reports, is one of the largest primary producers of platinum group metals in the world, and its operations are subject to South African and US mining regulation as well as continuous scrutiny from mining analysts and financial media given the size and cyclicality of the PGM and gold markets it operates in.
How Big Is Sibanye-Stillwater?
Sibanye-Stillwater reported revenue of roughly $8.7 billion according to African Business magazine’s 2025 Top 250 companies in Africa ranking, reflecting its position as one of the world’s largest platinum and palladium producers and a significant South African gold miner. Its scale has fluctuated significantly with PGM price cycles: a sharp fall in platinum group metals prices from 2022 through 2024 forced the company into cost-cutting, restructuring and shaft closures at some of its more marginal South African PGM and gold operations, before prices began recovering more recently, improving the outlook for the business.
Who Is the CEO of Sibanye-Stillwater?
Richard Stewart became Chief Executive Officer of Sibanye-Stillwater in October 2025, succeeding long-time founder and CEO Neal Froneman, who had led the company since it was spun out of Gold Fields in 2013 and built it through a series of major acquisitions — most notably the 2017 purchase of US-based Stillwater Mining, which gave the group its Montana palladium and platinum operations and its current combined name. Stewart, who had been CEO-designate since being named in February 2025, previously led the company’s business development function and had earlier headed South Africa’s Public Investment Corporation (PIC), the giant state pension fund manager, giving him deep familiarity with both the mining sector and South African institutional capital markets.
Who Owns Sibanye-Stillwater?
Sibanye-Stillwater is publicly traded on the JSE and NYSE with a broad institutional shareholder base and no single controlling shareholder; major holders typically include South African and international mining-focused institutional investors and index funds, consistent with its status as a widely held dual-listed blue chip.
What Does Sibanye-Stillwater Do?
Sibanye-Stillwater mines and processes gold in South Africa (through legacy Gold Fields assets it acquired) and platinum group metals both in South Africa’s Bushveld Complex and at its Stillwater and East Boulder mines in Montana, USA — the only significant primary PGM mining operations in North America. The group also owns PGM recycling operations that recover metals from spent autocatalysts, and it has been diversifying into battery metals, including a lithium project in Finland (Keliber) aimed at supplying Europe’s electric vehicle battery supply chain, though the pace of that ramp-up has been tied to broader EV and lithium market conditions.
How Does Sibanye-Stillwater Compare to Its Competitors?
In platinum group metals, Sibanye-Stillwater’s main competitors are fellow South African miners Anglo American Platinum (Amplats) and Impala Platinum (Implats), with the three together controlling the large majority of global platinum and a significant share of palladium and rhodium supply. In gold, it competes with South African and international gold miners including Harmony Gold, AngloGold Ashanti and Gold Fields (its former parent, from which it was demerged in 2013).
How Old Is Sibanye-Stillwater?
Sibanye Gold was created in 2013 when Gold Fields spun off its ageing South African gold operations into a separately listed entity, initially focused purely on gold mining. The company then transformed itself through aggressive acquisitions from 2016 onward, buying PGM assets including Aquarius Platinum and Stillwater Mining (2017), after which it renamed itself Sibanye-Stillwater in 2019 to reflect its diversified gold-and-PGM portfolio, and later added battery-metals assets. It is therefore just over a decade old as a standalone listed entity, though its underlying mining assets — some of South Africa’s deepest and oldest gold shafts — have operating histories stretching back many decades further.
Links
Website: https://www.sibanyestillwater.com
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Sibanye Gold the same as Sibanye-Stillwater?
Yes — the company was originally listed as Sibanye Gold in 2013 and renamed Sibanye-Stillwater in 2019 after acquiring US-based Stillwater Mining.
Who is the CEO of Sibanye-Stillwater?
Richard Stewart, since October 2025, succeeding founder Neal Froneman.
Is Sibanye-Stillwater publicly traded?
Yes, on both the JSE and NYSE.
What metals does Sibanye-Stillwater mine?
Gold and platinum group metals (platinum, palladium, rhodium), plus emerging battery-metal interests including lithium.
Where is Sibanye-Stillwater headquartered?
Weltevreden Park, Johannesburg, South Africa.
When was Sibanye-Stillwater founded?
2013, when it was spun off from Gold Fields as Sibanye Gold.