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Tuesday, September 22, 2020 - 11:13:58 AM
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Mining News Pro - Sibanye-Stillwater CEO Neal Froneman said on Monday he wanted to increase the mining company`s exposure to gold, but added that it was a difficult time to do deals.
"We really do like gold," Froneman told the Gold Forum Americas conference. The precious metal which has surged 27% this year only accounts for about 10% of Sibanye`s earnings at the moment.
Sibanye, the world`s largest producer of platinum and rhodium, aims to acquire gold mines outside South Africa, Froneman said, in a bid to diversify its geographical exposure.
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