Stillwater Mining Co
Latest European Economic Data Points to Recovery
The latest European economic data point to a recovery. However, there are still several sectors, such as housing, where demand is weak.
What Will Sibanye Achieve through the Stillwater Deal?
The acquisition will add a significant long-term production upside from Blitz as well as recycling capabilities through the Columbus metallurgical complex.
Are Stillwater Mining’s Assets Value Accretive for Sibanye Gold?
Stillwater Mining (SWC) is the only US-based miner of PGM (platinum-group metals) and the largest producer outside of Russia and South Africa.
Stillwater Mining’s Balance Sheet against Its Global Peers
Despite lower PGM (platinum group metals) prices, Stillwater Mining (SWC) has a strong balance sheet and maintained a position of strong net cash at the end of 2015.
How Is Stillwater Cutting Costs to Stay Ahead of Platinum Prices?
Stillwater Mining (SWC) has seen a significant increase in recovery rates, which is one of the best in the PGM (platinum group metals) industry.
Analyzing VGPMX’s Geographical Focus
The VGPMX has performed poorly in the market in 2015. Top-weighted holdings Nevsun Resources and Dominion Diamond have fallen by 33% and 54%, respectively.
Where Does Stillwater Rank in Terms of Mining Risk?
Stillwater Mining (SWC) exhibits strong leverage to palladium prices. It has lower geopolitical mining risk than South African PGM (platinum group metals) producers.
What Analysts Think about the Sibanye-Stillwater Deal
About 36.0% of the analysts covering Sibanye Gold have given it a “buy” recommendation. About 55.0% have issued a “hold,” and 9.0% have given it a “sell.”
How Is the Sibanye-Stillwater Deal Structured?
The structure of the deal will entail forming of a US subsidiary of Sibanye, which will merge into Stillwater Mining (SWC).
Sibanye’s and Stillwater’s Take on Platinum-Group Metals Prices
Sibanye has become bullish on palladium in the last six to nine months. It’s worth noting that palladium has outperformed other precious metals year-to-date.
Is Sibanye Eyeing More Acquisitions after Stillwater?
Siganye’s latest acquisition deal will make it the third-largest producer of platinum and palladium and the fourth-largest producer of PGM metals.
How Sibanye and Stillwater Investors Reacted to Acquisition News
After Sibanye Gold (SBGL) announced the acquisition of Stillwater Mining (SWC), Stillwater stock rose 18.0%. Sibanye stock, however, fell 15.0%.
How Has VGPMX Performed Historically Compared to Its Benchmark?
Though the VGPMX has fallen considerably this year, it has still managed to beat its benchmark index.
Chinese Auto Sales Boost Copper Market
China is the world’s biggest automotive market. Chinese auto sales are increasing because the average household is seeing disposable income rise.
China’s Manufacturing PMI Below 50 for 2 Consecutive Months
Although China’s official February PMI is below 50, HSBC and Markit showed a February PMI above 50. HSBC’s flash March PMI fell to an 11-month low of 49.2.