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2023-03-23 07:47:31 ET Sibanye Stillwater ( NYSE: SBSW ) said Thursday it will provide up to A$30M (US$20.1M) in financial support for takeover target New Century Resources ( OTCPK:NWNNF ), which was forced to halt operations at its Queensland zinc mine following heavy r...
2023-03-07 08:49:44 ET Sibanye Stillwater ( NYSE: SBSW ) said Tuesday it now controls a more than 70% stake in Australian zinc miner New Century Resources ( OTCPK:NWNNF ), two weeks after launching an unsolicited takeover bid valued at A$144.1M (~US$97.2M). Sibanye (...
SBSW is trading below industry peers despite its above-average growth and profitability. Miner strikes will likely have a lesser effect on profitability than in the past in light of recent international expansion. Even if the company met unions' demands, the impact on dividends an...
Original Post By Stuart Burns As much of the rest of the base metals were lifted this week, nickel remained subdued. This comes despite an announcement by the Indonesian government that it would relax exports of many minerals but keep in place a ban on nickel ores. According to ...