High hopes at Sibanye for US tax bonanza
But fingers are being crossed that Trump’s men will not undo credits lobbied from Biden administration
27 April 2025 - 10:28
Diversified mining and metals group Sibanye Stillwater is in line for a tax windfall of more than R4bn thanks to an amendment to US tax rules that will boost its loss-making platinum and palladium operations in that country.
The company is also reaping the rewards of the gold price rally, and for the first time since 2017, its profits from South African gold operations have exceeded those from local platinum group metals (PGMs)...
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