Gold. Picture: REUTERS
Gold. Picture: REUTERS

Sam Mokorosi from Vunani Capital chose Sibanye Gold as his stock pick of the day.

“Somebody that’s coming out of a quagmire as well is Sibanye; obviously they had that strike with Amcu [Association of Mineworkers and Construction Union] and what’s really interesting about Sibanye is that 80% of their free cash flow now comes from PGMs [platinum group metals] and the market still sees them as a gold counter.”

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