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Sibanye CEO 'appalled' by loss of life

South African precious metals miner Sibanye-Stillwater (NYSE:SBGL) has announced a 6% reduction in gold output from its South African mines, following a spate of mining-related deaths that prompted outrage from mining unions and possible class action lawsuits in the US.

Henry Lazenby in Johannesburg
Neal Froneman: "Appalled by the loss of our employees’ lives"

Neal Froneman: "Appalled by the loss of our employees’ lives"

The Johannesburg-based miner is in crisis control mode and the company is re-evaluating its corporate safety strategy and culture. Since February, the company has seen a significant increase in fatal...

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