Strike-hit but upbeat Sibanye confident of value uplift as precious metals shine

Precious metals company Sibanye-Stillwater expressed confidence on Thursday that the global precious metals surge would enable it to deliver value despite the prolonged strike challenge that the company is contending with. The company reported 8%-lower earnings before interest, taxes, depreciation and amortisation (Ebitda) of R8.369-million and deleveraging net debt to 2.5 times Ebitda.