Strong platinum leadership needed – Sibanye

Strong leadership is required in the fragmented South African platinum mining sector, which newcomer Sibanye Gold described on Friday as having too much unprofitable production and questionable capital allocation. Speaking at the 2016 Oxford Platinum Lectures, CEO Neal Froneman told his UK audience that platinum was a logical extension to Sibanye’s success in gold, where it was a leading dividend payer that acknowledged modern mining’s duty to cause zero harm to both people and planet.