Precious metals miner Sibanye Stillwater reported a group revenue increase of 44 per cent year-on-year in 2019 to R73 billion due to rising metals prices and an improved operating performance. The company also relisted on the JSE today with Sibanye Gold now trading under Sibanye Stillwater Limited. CEO of Sibanye-Stillwater, Neal Froneman joins CNBC Africa for more.
Following the recent tensions in the Middle East oil prices have risen this week with many investors falling into safe havens of gold and palladium which is positive for South Africa but what does this mean for the country’s oil businesses? Rajen Reddy, Executive Chairman of KZN OILS joins CNBC Africa for more.
Palladium and Rhodium yielding strong growth in metal markets: Northam reports impressive FY figures
One of South Africa's leading Platinum Group Metals (PGM) groups is reporting platinum standard numbers for the year ended-June 2019. Northam Platinum is reporting a huge 227% jump in normalised HEPS to 270.1 cents. CNBC Africa's Kopano Gumbi is joined Chief Executive Paul Dunne for more.
Sibanye had initially penciled in a minimum of $750 million in rights issue but said on Friday it reconsidered