Sibanye CEO says gold merger will be in 'the national interest' - Mining expert Peter Major explains

Loading player...
Sibanye-Stillwater CEO Neal Froneman was recently in the news headlines, calling on SA's gold miners to consolidate in order to create what Froneman describes as 'a world-champion gold business or risk being bought by foreign investors'. Veteran mining expert and fund manager Peter Major joined the BizNews Power Hour to unpack Froneman's statement, answering why this could be in the country's interest. Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Mar 2021 5AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak - Fri 12 June 2026: Trump halts Iran strikes; SA's overlooked gold fortune; PA surge; World Cup fees

In today's BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran. In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune. Finally, we highlight Adobe’s executive shakeup…
11 Jun 11PM 15 min

The Daily Edge: Gold at $4,100 and SA is sitting on a fortune it can't see

Alec Hogg opens with a thesis from Merrill Lynch veteran Dr. Duarte de Silva: South Africa's abandoned gold mines and tailings dumps — written off at $300–$800/oz — are generating margins above $3,000 per ounce at today's prices. The Witwatersrand Basin still holds as much gold as has ever been…
11 Jun 7AM 19 min