Sibanye Stillwater Limited
Price History
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About Sibanye Stillwater Limited
Sibanye Stillwater Limited (SBSW) is a platinum mining company. Our project database tracks 43 projects for Sibanye Stillwater Limited with technical and economic data extracted from company filings. Its flagship project is Keliber Lithium Project, a construction-stage open-pit project in Central Ostrobothnia, Finland holding 248 kt LCE of contained metal.
Overview
Sibanye Stillwater Limited is a multinational mining and metals processing company with a diverse portfolio of operations in platinum group metals, gold, and battery metals. Headquartered in South Africa, the company has grown through strategic acquisitions to become the world's largest primary producer of platinum and a significant producer of palladium, rhodium, and gold.
Operations
Sibanye Stillwater operates extensive PGM operations in South Africa's Bushveld Complex and Montana's Stillwater and East Boulder mines in the USA, gold operations in South Africa, and battery metals recycling facilities in Europe and the USA. The company produces approximately 2 million ounces of PGMs and 1 million ounces of gold annually while building leading positions in battery metals recycling.
Strategy
The company's strategy focuses on maintaining its leadership position in PGMs, creating a compelling green metals portfolio through battery metals recycling and lithium projects, optimizing and extending life of South African gold operations, ensuring safe and responsible mining practices, and delivering superior returns to stakeholders. Sibanye emphasizes ESG performance and community development.
Key Projects
Major projects include battery metals recycling facility expansions in Europe and Asia, Keliber lithium project in Finland, Rhyolite Ridge lithium-boron project in Nevada (partnered with ioneer), potential acquisitions in battery metals space, and brownfield expansion opportunities at PGM operations. The company continues to restructure South African gold operations for sustained profitability.
Primary Commodities
Project Economics
Rustenburg Operation
Marikana operation
Rustenburg Operation (including former Kroondal operations)
Rustenburg Operation (incl. Kroondal)
Rustenburg Operation (incl. former Kroondal operations)
Marikana Operation (Western Platinum & Eastern Platinum, incl. E4 UG2 Project)
Marikana Operation (Western Platinum / Eastern Platinum)
Stillwater Mine Complex
Stillwater Mine
East Boulder Mine
Sibanye-Stillwater US PGM Operations (Stillwater Mine & East Boulder Mine)
- Mineral Reserves
- Mineral Reserve Estimates at Pd and Pt price of $1,250/oz (inclusive)
- Mineral Resources
- Mineral Resource Estimates at Pd and Pt price of $1,500/oz
Sibanye-Stillwater US PGM Operations (Stillwater Mine and East Boulder Mine)
- Royalties / Streams
- Subject to royalties (historical royalty payments to Franco-Nevada and Mouat); Wheaton International Streaming Agreement
Sibanye-Stillwater US PGM Operations - Stillwater Mine
Sibanye-Stillwater US PGM Operations - East Boulder Mine
Sibanye-Stillwater US PGM Operations
Columbus Metallurgical Complex
Keliber Lithium Project
- Mineral Reserves
- Syväjärvi & Rapasaari Total P&P: 12.96 Mt at 0.45% Li, 0.97% Li2O, 311 kt LCE (100% basis); 10.35 Mt at 0.45% Li, 0.97% Li2O, 248 kt LCE (79.82% basis)
- Mineral Resources
- Total M&I: 3.41 Mt at 0.56% Li, 1.20% Li2O, 100.7 kt LCE; Inferred: 4.48 Mt at 0.51% Li, 1.10% Li2O, 121.9 kt LCE; Measured: 0.47 Mt at 0.58% Li, 1.26% Li2O, 14.7 kt LCE; Indicated: 2.93 Mt at 0.55% Li, 1.19% Li2O, 86.0 kt LCE (79.82% attributable basis, exclusive of reserves)
Keliber Lithium Project (Syväjärvi and Rapasaari)
- Mineral Reserves
- Syväjärvi & Rapasaari Proven & Probable (100% basis): 12.96 Mt at 0.45% Li / 0.97% Li2O, 311 kt LCE; (79.82% basis): 10.35 Mt at 0.45% Li / 0.97% Li2O, 248 kt LCE
- Mineral Resources
- Total Measured + Indicated: 3.41 Mt at 0.56% Li / 1.20% Li2O, 100.7 kt LCE; Inferred: 4.48 Mt at 0.51% Li / 1.10% Li2O, 121.9 kt LCE (exclusive of Mineral Reserves, at 0.5% Li2O cut-off, 79.82% ownership basis)
Keliber Syväjärvi
- Mineral Reserves
- Syväjärvi: 100%: Proven 1.92 Mt at 0.54% Li, 1.16% Li2O, 55 kt LCE; Probable 0.99 Mt at 0.40% Li, 0.86% Li2O, 21 kt LCE; Total/avg 2.91 Mt at 0.49% Li, 1.06% Li2O, 76 kt LCE
Keliber Rapasaari
- Mineral Reserves
- Rapasaari: 100%: Proven 2.42 Mt at 0.48% Li, 1.03% Li2O, 62 kt LCE; Probable 7.63 Mt at 0.43% Li, 0.92% Li2O, 173 kt LCE; Total/avg 10.06 Mt at 0.44% Li, 0.94% Li2O, 235 kt LCE
Keliber Lithium Project (Syväjärvi & Rapasaari)
- Mineral Reserves
- Syväjärvi & Rapasaari P&P (100% basis): 12.96 Mt at 0.45% Li (0.97% Li2O), 311 kt LCE. On 79.82% attributable basis: 10.35 Mt at 0.45% Li (0.97% Li2O), 248 kt LCE. Proven: 4.34 Mt at 0.50% Li (1.09% Li2O), 117 kt LCE; Probable: 8.62 Mt at 0.42% Li (0.91% Li2O), 195 kt LCE.
- Mineral Resources
- In situ Mineral Resources exclusive of Mineral Reserves at 0.5% Li2O cut-off (79.82% ownership basis): Measured 0.47 Mt at 0.58% Li (1.26% Li2O), 14.7 kt LCE; Indicated 2.93 Mt at 0.55% Li (1.19% Li2O), 86.0 kt LCE; M&I 3.41 Mt at 0.56% Li (1.20% Li2O), 100.7 kt LCE; Inferred 4.48 Mt at 0.51% Li (1.10% Li2O), 121.9 kt LCE.
Stillwater Mine (Sibanye-Stillwater US PGM Operations)
East Boulder Mine (Sibanye-Stillwater US PGM Operations)
Sibanye-Stillwater US PGM Operations (Combined)
Kroondal Operations
- Mineral Resources
- Attributable Mineral Resource Exclusive of Mineral Reserves: Total 30.2 Mt at 3.3 g/t 4E for 3.2 Moz 4E (Measured + Indicated 30.2 Mt at 3.3 g/t, 3.2 Moz; Inferred 0.0 Mt)
Kloof Operations
Kloof Operations (Kloof Gold Mine)
Sibanye-Stillwater US PGM Operations (Stillwater and East Boulder Mines)
- Royalties / Streams
- Mining claims subject to royalties to Franco-Nevada and Mouat
Sibanye-Stillwater US PGM Operations (Stillwater and East Boulder Mines and Columbus Metallurgical Complex)
Sibanye-Stillwater US PGM Operations (Stillwater & East Boulder Mines)
Sibanye-Stillwater US PGM Operations (Stillwater & East Boulder Mines, Columbus Metallurgical Complex)
Sibanye-Stillwater US PGM Operations (Stillwater Mine, East Boulder Mine & Columbus Metallurgical Complex)
Sibanye-Stillwater US PGM Operations (Stillwater Mine, East Boulder Mine and Columbus Metallurgical Complex)
Keliber Lithium Refinery (Kokkola)
Rustenburg Operations (Merensky & UG2 Reefs)
- Mineral Reserves
- Attributable Mineral Reserves as at 31 December 2021 at 74%
- Mineral Resources
- Mineral Resources Exclusive/Inclusive of Mineral Reserves as at 31 December 2021 (M&I&I)
Stillwater Mine (US PGM Operations)
Kroondal Operations (UG2 Reef)
- Mineral Resources
- Attributable Mineral Resource Inclusive of Mineral Reserves: 35.0 Mt at 3.4 g/t 4E (3.8 Moz 4E)
Attributable Mineral Resources Exclusive of Mineral Reserves as at 31 December 2021
- Mineral Resources
- Attributable Mineral Resources Exclusive of Mineral Reserves as at 31 December 2021
Driefontein
East Boulder Mine (US PGM Operations)
Sibanye-Stillwater US PGM Operations (Columbus Metallurgical Complex)
Rustenburg Operations (Merensky and UG2 Reefs)
- Mineral Resources
- Attributable (74%) Mineral Resources Inclusive of Mineral Reserves: Total M&I 260.6 Mt @ 5.2 g/t 4E (43.2 Moz 4E); Inferred 11.0 Mt @ 5.6 g/t 4E (1.9 Moz 4E). Exclusive of Mineral Reserves: Total M&I 260.6 Mt @ 5.2 g/t 4E (43.2 Moz 4E).
Rustenburg Operations (Rustenburg PGM Operations)
- Mineral Resources
- Attributable (74%) Mineral Resources exclusive of reserves as at 31 Dec 2021: Underground Measured (AI) 98.7 Mt @ 5.0 g/t 4E (16.0 Moz 4E); Measured (BI) 78.9 Mt @ 5.1 g/t (13.0 Moz 4E); Indicated (AI) 45.0 Mt @ 5.1 g/t (7.4 Moz 4E); Indicated (BI) 37.9 Mt @ 5.6 g/t (6.8 Moz 4E); Total M&I 260.6 Mt @ 5.2 g/t (43.2 Moz 4E); Inferred (AI) 6.2 Mt @ 5.7 g/t (1.1 Moz 4E); Inferred (BI) 4.8 Mt @ 5.5 g/t (0.8 Moz 4E)
Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.
How the Economics Evolved
Keliber Lithium Project
48 studies on recordEconomics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.
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Financial Metrics
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Frequently Asked Questions
- What does Sibanye Stillwater Limited mine?
- Sibanye Stillwater Limited is focused on Platinum, Gold, Palladium.
- What is Sibanye Stillwater Limited's flagship project?
- Keliber Lithium Project, a construction-stage project in Central Ostrobothnia, Finland.
- How many projects does Sibanye Stillwater Limited have?
- We track 43 projects with extracted technical and economic data for Sibanye Stillwater Limited.
Press Releases
Is Sibanye-Stillwater (SBSW) One of the Best African Stocks to Buy According to Hedge Funds?
Sibanye-Stillwater Limited (NYSE:SBSW) is one of the best Middle East and Africa stocks to buy according to hedge funds. On May 13, Sibanye-Stillwater Limited (NYSE:SBSW) announced the results of its cash tender offer to retire all outstanding 4.000% senior notes due November 2026, in which it revealed that holders tendered a total of $613.875 million […]
Sibanye Stillwater Limited ("Sibanye-Stillwater" or the "Group"), through its wholly-owned subsidiary, Stillwater Mining Company (the "Offeror"), announced today its offers to purchase for cash of its 4.000% Senior Notes due 2026 and 4.500% Senior Notes due 2029
Sibanye Stillwater Limited ("Sibanye-Stillwater" or the "Group"), through its wholly-owned subsidiary, Stillwater Mining Company (the "Offeror"), announced today its offers to purchase for cash the securities listed below (the "Offers"). The Offers are subject to the terms and conditions described in the offer to purchase dated 6 May 2026 (the "Offer to Purchase"). The Offer to Purchase can be obtained at the following website: https://deals.is.kroll.com/sibanye. Capitalised terms not otherwise
Best Income Stocks to Buy for April 23rd
ZTO, SBSW and ARCAY made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 23rd, 2026.
Down 29.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Sibanye Gold Limited (SBSW)
Sibanye Gold Limited (SBSW) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Best Momentum Stock to Buy for March 3rd
SBSW, FIGS and DPMLF made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 3, 2026.
How Sibanye Stillwater (JSE:SSW)’s Story Is Shifting With New Valuation Anchors And Assumptions
Sibanye Stillwater is back in focus after analysts revised their fair value anchor from about ZAR50.07 to around ZAR82.53, a meaningful reset in how the stock is being framed. Recent research has zeroed in on what sits behind this higher price target range, with some analysts leaning into the updated assumptions and others questioning how much of the story is already reflected. As you read on, you will see how these shifting targets fit into the broader Street narrative and what to watch as...
Sibanye Stillwater (SBSW) Announces Financial Results for the Full Year and Six Months Ended December 31, 2025
Sibanye Stillwater Limited (NYSE:SBSW) is one of the best hot stocks under $20 to buy. Sibanye Stillwater Limited (NYSE:SBSW) announced on February 20 operating and financial results for the full year and the six months ended 31 December 2025. The company reported that revenue for 2025 rose 14% year-on-year to R129.7 billion ($7.3 billion), along […]
Sibanye Gold H2 Earnings Call Highlights
Sibanye Gold (NYSE:SBSW) used its 2025 earnings call to frame the year as a period of significant change, highlighting a leadership transition, a strategy “refresh” centered on simplification, and a series of major operational and financial decisions made in the second half of the year. Management e
Take the Zacks Approach to Beat the Markets: Intellia, Colgate-Palmolive, Getty in Focus
NTLA, CL and GTY are in focus as Zacks highlights strong 12-week gains and post-upgrade rallies across its Focus List and model portfolios.
Sibanye Stillwater Ltd (SBSW) Full Year 2025 Earnings Call Highlights: Record EBITDA and ...
Sibanye Stillwater Ltd (SBSW) reports robust financial performance with highest EBITDA in three years, while addressing seismic risks and safety concerns.
Quick Facts
- Ticker Symbol
- SBSW
- Market Cap
- Mid Cap
- Category
- Platinum
- Commodities
- Platinum, Gold, Palladium
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.