The Marikana assets have been the standout SA platinum assets for Sibanye-Stillwater, underscoring a smart transaction for the world’s largest platinum group metals (PGMs) supplier as it considers a return to dividends.

Sibanye bought the whole of financially constrained Lonmin, then the world’s third-largest platinum miner, for R4.3bn in shares in June 2019. The assets, renamed Marikana, are showing their true worth in the hands of Sibanye’s management...

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