Sibanye Stillwater Limited

Listed on Johannesburg Stock Exchange (JSE)

Diversified precious-metals miner with gold operations in South Africa and global PGM and battery-metals exposure.

Company site

Market Cap$6.28B

Enterprise Value$8.18B

Cash$1.04B

Debt$2.66B

Listed OnJohannesburg Stock Exchange (JSE)

Shares Outstanding2.83B

Reporting DateJul 31, 2026

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Sibanye Stillwater Limited

Altar Project

Large copper-gold exploration project in San Juan Province.

Type: deposit
Stage: exploration
Location: San Juan Province, Argentina
Ownership: 31.47%

Commodity Focus

Copper, gold

Open location Research source (2026-09-19)

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Latest Coverage

Aug 31, 2026

Sibanye’s $3,105/oz Gold Costs Leave Kloof’s 2026 Exit Open to a Hedge

Sibanye-Stillwater’s South African gold operations generated R9.0 billion of adjusted EBITDA and a 32% AISC margin in H1 2026 despite costs rising to US$3,105/oz. The more consequential result is management’s willingness to assess extracting additional Kloof reserves beyond 2026 if gold prices — potentially supported by appropriately priced hedges — keep marginal ounces economic.