Sibanye-Stillwater’s South African gold operations printed money in the third quarter ended September as bullion hit record levels due to increasing geopolitical tensions, a record number of elections and wars.
Neal Froneman, CEO at JSE- and NYSE-listed mining company, said last week their South African gold operations had generated a 292% increase in adjusted earnings before interest taxation depreciation and amortisation (Ebidta) to R1.35bn ($75m) — thanks to a 24% higher gold price...
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