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Sibanye Stillwater to embark on another round of retrenchment talks

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Manage episode 412075787 series 2825635
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sibanye Stillwater says it is embarking on another round of retrenchment talks at its gold operations that could affect about 4 000 employees and contractors. Further to previous restructuring concluded during 2023 and the first quarter of 2024, the ongoing group business review has identified a need to address losses at the Beatrix 1 shaft, which has been unable to deliver planned production, it said in a statement. For more on this we Elvis Presslin spoke to Sibanye-Stillwater's Executive Vice President: Investor Relations and Corporate Affairs, James Wellsted

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5446 episodes

Artwork
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Manage episode 412075787 series 2825635
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Sibanye Stillwater says it is embarking on another round of retrenchment talks at its gold operations that could affect about 4 000 employees and contractors. Further to previous restructuring concluded during 2023 and the first quarter of 2024, the ongoing group business review has identified a need to address losses at the Beatrix 1 shaft, which has been unable to deliver planned production, it said in a statement. For more on this we Elvis Presslin spoke to Sibanye-Stillwater's Executive Vice President: Investor Relations and Corporate Affairs, James Wellsted

  continue reading

5446 episodes

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