Weak PGM price puts 4,000 Sibanye jobs on the line
The miner cites above-inflation increases and lower prices for platinum group metals
25 October 2023 - 11:35
UPDATED 25 October 2023 - 23:30
Sibanye-Stillwater may retrench up to 8.6% of the workforce within its main SA platinum group metals (PGM) operations, laying bare the crippling impact of falling commodity prices over the past 18 months.
Sibanye is one of the world’s biggest PGM producers, along with Anglo American Platinum, Impala Platinum and Northam...
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