Sibanye-Stillwater earnings slump as strike bites
Share price hits the lowest close since early January as unions reject new wage offer
Shares in precious metals producer Sibanye-Stillwater fell the most since late January, as the group’s meeting with unions ran into the night on Thursday in an attempt to resolve a two-month strike.
The group’s share price has fallen 17% in the past month and on Thursday it was down 7.9% to R49.57, the lowest close since early January. ..