Sibanye Gold's Mr Fixit in a fix as debt rises and rand strengthens
Mon, Feb 26, 2018 - 5:50 AM
Sibanye is under pressure to reduce debt after a rapid-fire series of deals transformed the company from a staid and steady gold producer to a diversified precious-metals miner.
INVESTORS might be running out of patience with Sibanye Gold Ltd's colorful chief executive, Neal Froneman. The South African miner's stock plunged by a record 16 per cent last Thursday after the company warned that it may consider selling assets, metals streams and - only as a...