South African mining giant Sibanye-Stillwater, under the leadership of the outgoing CEO Neal Froneman, has narrowed its losses in a challenging year, reporting a reduced R3.91 billion 211 million loss for H1 2025. The improvement marks a significant recovery from the prior years R7 billion 372 million loss across South African gold SA gold and PGM assets.
A year ago , the diversified miner faced operational setbacks and weakening commodity prices. However, a rebound in gold prices and aggressive restructuring since early 2024 helped stem the decline. The latest results reflect stronger operational control and commodity price support ahead of Fronemans retirement.
Sibanye trims losses ahead of Fronemans retirement