Sibanye cuts debt, eyes first-half dividend
PGMs producer swings back into a profit despite a difficult year at its gold business due to a five-month strike
19 February 2020 - 10:28
Sibanye-Stillwater, bearing the scars of a five-month strike at its gold division, swung back into profit for 2019 helped by higher metal prices for precious metals and by its large platinum group metals (PGMs) output.
Sibanye, the world's biggest PGMS producer, posted a taxed profit of R433m for the year to end-December 2019, compared with a R2.3bn loss the year before...
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