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LONDON TO A BRICK
Can Sibanye Stillwater bounce back in 2023?
It has been an annus horribilis for Neal Froneman’s Johannesburg-based Sibanye Stillwater. The value of the company’s New York-listed American depository receipts have about halved in value since January-February when news filtered out that it faced a strike at its South African gold mines.
In the event, gold production was severely affected in the first part of the year, but little did we know then that more bad news was round the corner. Sibanye's PGM operations in the US were held back...
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