Sibanye-Stillwater said its gold operations face a strike on Wednesday as two of the biggest unions failed to settle on a wage offer. Its shares dropped almost 5%.

While Sibanye, which is also one of the world’s largest primary producers of platinum, palladium and rhodium, has recorded bumper profits as commodity prices surged, it also has among the deepest and oldest gold mines, making them expensive to run...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.