SSW Operational Update Neutral
SIBANYE STILLWATER LIMITED - Sibanye-Stillwater Mineral Resources and Mineral Reserves declaration as at 31 December 2025
Sibanye Stillwater Limited
Free preview
What this filing means
Sibanye-Stillwater's 2025 reserve declaration shows strategic growth in PGM, uranium, and copper offset by a significant gold writedown at Kloof and a 44% collapse in zinc reserves.
Bull case
- SA PGM Mineral Reserves increased by 4.7% to 29.4Moz, driven by the inclusion of 2.9Moz from the Marikana E4 mechanised UG2 project.
- Declared maiden Mineral Reserves for uranium (25.2Mlb) and copper (478kt) following the completion of key feasibility studies.
Bear case
- Major writedown of 1.4Moz in gold Mineral Reserves at Kloof due to geotechnical constraints and production viability issues.
Unlock the full analysis
Free during launch. Sign in to read the complete breakdown.
- Full bull / bear breakdown
- Decision framework
- Citations & sources
- Price autopsy
Related filings
More from SSW
- SIBANYE STILLWATER LIMITED - Sibanye-Stillwater appoints Head of Investor Relations
- SIBANYE STILLWATER LIMITED - Dealings in securities by Executive Director
- SIBANYE STILLWATER LIMITED - Sibanye-Stillwater Southern African operations capital markets day presentation
- SIBANYE STILLWATER LIMITED - Sibanye-Stillwater publishes its Broad-Based Black Economic Empowerment annual compliance report
- SIBANYE STILLWATER LIMITED - Notice to shareholders in terms of section 45(5) of the Companies Act
Other Operational Update
- HETHERIOT REIT LIMITED - Results of the special resolution passed by shareholders of the Company in terms of section 60 of the Companies Act
- AGLANGLO AMERICAN PLC - Publication of Report on Payments to Governments for the year ended 31 December 2025
- TTOTRUSTCO GROUP HOLDINGS LIMITED - Demand to call a Shareholders' Meeting
- JSE LIMITED - Amendments to the JSE Listings Requirements
- PWRPOWERFLEET INC - Form 8-K Current Report relating to departure of Chief Innovation Officer