'Gold Fields or AngloGold merger is off the table' - Sibanye-Stillwater CEO Neal Froneman

Loading player...
Chief executive of diversified miner Sibanye-Stillwater, Neal Froneman joined the BizNews team on a day where one of the world's largest precious metals producers announced record financials. Froneman notes that although the robust commodity prices were a tailwind for the business, operationally performance was excellent. There has been much speculation around the renown deal-maker looking to merge with the likes of Gold Fields or AngloGold, creating a mining behemoth that could compete with international peers such as Barrick Gold or Rio Tinto. Froneman says this is off the table and Sibanye will rather try to accelerate its move to commodities that will benefit from the shift to a clean energy economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
27 Aug 2021 5AM English South Africa Investing · Business News

Other recent episodes

Zuma in crisis: Disgruntled MKP members to vote ARU - Jabulani Khumalo

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, comes out in support of The African Renaissance Unity Party (ARU) founded to lobby for the interests of traditional chiefs and their communities. With Khumalo's battle to reclaim control of the party - “hijacked” by former…
27 Jul 10AM 17 min

Eva Crouwel - When the State comes to your Gate….

An anti-immigration raid on a private housing estate in the Western Cape is causing a furore. In this interview with Chris Steyn, Eva Crouwel, a property owner on High Riding Estate, describes how police in a fleet of about six vans - accompanied by Home Affairs officials - descended on…
27 Jul 7AM 10 min