Sibanye banks on US mines, high palladium price as South African strike spreads

In response to the Association of Mineworkers and Construction Union’s (AMCU’s) secondary strike action announcement, Sibanye-Stillwater CEO Neal Froneman on Tuesday said the company had been preparing its local platinum operations for this outcome and had contingency plans in place.

AMCU on Monday confirmed that it would embark on secondary strike action at Sibanye’s platinum group metals (PGM) operations, in South Africa, from January 22, in support of the ongoing strike at the miner’s gold operations that started on November 22.