Sibanye CEO says gold merger will be in 'the national interest' - Mining expert Peter Major explains

Loading player...
Sibanye-Stillwater CEO Neal Froneman was recently in the news headlines, calling on SA's gold miners to consolidate in order to create what Froneman describes as 'a world-champion gold business or risk being bought by foreign investors'. Veteran mining expert and fund manager Peter Major joined the BizNews Power Hour to unpack Froneman's statement, answering why this could be in the country's interest. Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Mar 2021 5AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: Economic warnings flash; Corporate giants mispriced; SpaceX tumbles

We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater’s debt-free gold business despite solid restructuring plans. We also highlight Attacq’s resilient property portfolio and Steenkamp Kraal’s historic rare earth…
23 Jun 6AM 13 min