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

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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 2AM English South Africa Investing · Business News

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