Sibanye CEO Eyes Future Gold M&A Worth as Much as $5 Billion [Yahoo! Finance News]
D/B/A Sibanye-Stillwater Limited ADS (SBSW)
Company Research
Source: Yahoo! Finance News
) -- Sibanye-Stillwater Ltd., the world’s top platinum miner, is hoping to buy a North American gold producer for as much as $5 billion in the next six to nine months. The Johannesburg-based producer is assessing a number of opportunities and while there are no advanced discussions underway, Sibanye is undertaking a “lot of desktop work,” Chief Executive Officer Neal Froneman said in an interview with TV at the BMO Global Metals & Mining Conference in Florida. “In terms of time scale, six to nine months we will pull the trigger,” Froneman said Monday. “Absolutely yes, we are looking at various assets, we have a number of opportunities. There is still a lot of work to do, but entering into discussions, doing a due diligence and getting all the financing in place is probably a six-month process.” Sibanye’s current portfolio is underweight gold, Froneman said in an earlier interview. The miner could be in a position to add more gold assets once it resumes dividend payouts and cuts debt.
Show less
Read more
Impact Snapshot
Event Time:
SBSW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBSW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBSW alerts
High impacting D/B/A Sibanye-Stillwater Limited ADS news events
Weekly update
A roundup of the hottest topics
SBSW
News
- Sibanye-Stillwater teams up with C5 Capital to develop advanced nuclear energy projects [Seeking Alpha]Seeking Alpha
- C5 Capital Signs MOU with Sibanye-Stillwater to Advance Nuclear Energy in South Africa, the United States and Globally [Yahoo! Finance]Yahoo! Finance
- C5 Capital Signs MOU with Sibanye-Stillwater to Advance Nuclear Energy in South Africa, the United States and GloballyPR Newswire
- Prony Resources gears up for nickel production restart at Goro mine [Yahoo! Finance]Yahoo! Finance
- Is Sibanye Stillwater Limited (SBSW) the Best Nickel Stock to Invest in? [Yahoo! Finance]Yahoo! Finance
SBSW
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- SBSW's page on the SEC website