Robert van Niekerk has been appointed Executive Vice President of Sibanye Group’s South Africa Region.
Neal Froneman, CEO, Sibanye said, “Robert’s recognised leadership and mining experience, in particular in the complex South African mining environment, will ensure operational success.”
He has three decades experience in the mining industry in South Africa and globally. Niekerk has been with the country’s largest individual gold producer since 2013, fulfilling various roles, the most recent as Divisional CEO: Platinum.
“With the significant increase in size and geographical spread of the company, this regionalised organisational structure will provide effective leadership, ensuring appropriate focus and skills allocation in well-defined geographical regions and corporate functions,” Froneman added.
It follows the company’s recent acquisition of American mining company Stillwater in a bid to expand into platinum group metals (PGMs) and subsequent transition of the Sibanye Group organisational structure from a divisional commodity structure to a geographical regionalised structure.
Sibanye Gold Limited acquired the Montana-based tier-1 producer of PMGs for $2.2 billion cash at the transaction price of $18 per share through a $2.7 billion bridge loan by Citi and HSBC in May 2017.
Prior to joining Sibanye, Niekerk was Senior Vice President and Head of Mining for the Gold Fields Group, the globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa.