SA producers of the majority of the world’s platinum group metals are unlikely to invest heavily in new projects because of the unfavourable investment environment in the country and tough lessons learnt from the past, says Sibanye-Stillwater CEO Neal Froneman.
Prices for PGMs are racing ahead in a global surge of commodity prices including iron ore and copper, but producers of the six metals making up PGMs are unlikely to invest too heavily in new projects, despite more than a decade of underspending on mines, Froneman said...
This is heartbreaking 💔 C'mon South Africa, get your act together!
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Adverse environment deters PGM investment, says Neal FronemanSA has great opportunities in its mineral industry that are lying fallow because of the risky investment environment, the Sibanye CEO says 🔒 No they are not lying fallow. We are just tired of giving it away for free and not benefiting blacks. We tired of making white man rich. We all want fair share. Great government in making
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