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South African mining dealmaker plots M&A push before retirement

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MERGERS & ACQUISITIONS
South African mining dealmaker Neal Froneman is considering retiring in two to three years time, but would first like to double the size of Sibanye-Stillwater. Froneman built Johannesburg-based Sibanye into a company with a market value of more than R182-billion ($11.9-billion) by buying gold, platinum and palladium mines in Southern Africa and the US. Now the 61-year-old is looking for acquisitions in battery metals, before handing over to a successor.
 
 
 
 
 

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