Sibanye Stillwater Mine

Sibanye Stillwater CEO Urges New Business-Friendly Leadership in Mining

  • Call for Business-Friendly Leadership: Sibanye Stillwater CEO Neal Froneman emphasizes the urgent need for new leadership in South Africa that fosters a business-friendly environment, crucial for attracting investment and revitalizing the mining industry.
  • Challenges Facing the Mining Sector: Froneman highlights the existential threat looming over the South African mining industry, exacerbated by regulatory uncertainties, persistent threats of expropriation, and declining investor confidence, leading to job cuts and operational pressures.
  • Optimism Amidst Adversity: Despite significant losses and market challenges, Froneman remains cautiously optimistic about the future of the platinum group metals (PGMs) sector, anticipating a turnaround fueled by potential interest rate cuts and increased demand for internal combustion engine (ICE) vehicles.

Sibanye Stillwater CEO Urges New Business-Friendly Leadership in Mining Read More »