Sibanye pays dividend on record results and best ever normalised earnings of R8.8bn
Sibanye noted the interim payment was larger than the annual full-year returns delivered between 2013 and 2015, as after-tax profit increased to R9.7bn from a R171m loss a year earlier
27 August 2020 - 13:45
UPDATED 27 August 2020 - 14:49
World number one platinum group metals (PGM) supplier Sibanye-Stillwater returned to dividend payments after a four-year pause as its mines in SA, Zimbabwe and US gave the group record interim results.
Sibanye’s debt has returned to levels last seen before it launched an aggressive growth strategy in PGM, rising to the world’s leading source of the industrial and precious metals from nothing in about four years...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.