Sibanye-Stillwater, the world’s biggest platinum producer, once again flagged a return to paying dividends in 2020 as high metal prices led to a more than trebling of profit, allowing for the aggressive reduction in net debt in the September quarter.

Sibanye, which was carrying high levels of debt after its $2.2bn cash purchase of palladium and platinum miner Stillwater in the US, was able to tackle its balance sheet issues during the quarter to end-September.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now