https://www.miningweekly.com

'WE ARE ONE' UP

22nd February 2013

By: Martin Creamer

Creamer Media Editor

  

Font size: - +

Proudly South African gold company Sibanye, Xhosa for ‘we are one’, was one up on Gold Fields at the close of JSE trading last Friday, after its shares rose from an opening trade of R13.05 a share to R16.50 a share at the week’s close. In contrast, the Gold Fields share price fell 13.19% to R91.85 a share on the day of the unbundling, to close out the week on R85.39 a share. Sibanye CEO Neal Froneman is shown spelling out the way forward for his new 45 000-employee charge, which is targeting 1.4-million ounces of gold production in 2013, a free cash flow of R2.5-billion and a corporate strategy of returning cash to shareholders.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Lilak Aluminium
Lilak Aluminium

For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.045 0.069s - 110pq - 2rq
Subscribe Now