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SBSWBearishCorporate Developmentsnews
Materiality pending

Sibanye cuts more jobs after shutting loss-making Marikana shaft

Apr 18, 2024, 12:01 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Sibanye Stillwater to close 4 Belt shaft at Marikana, cutting 855 jobs. - Closure due to low PGM prices affecting profitability. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Corporate Developments

  • Sibanye Stillwater to close 4 Belt shaft at Marikana, cutting 855 jobs.
  • Closure due to low PGM prices affecting profitability.

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