Sibanye Stillwater CEO on Restructuring, M&A, South Africa Mine Strike

The video discusses ongoing union strikes at Sibanye, with hopes for compromise without undermining other unions. It addresses the restructuring challenges, potentially affecting 6000 jobs, but aims to minimize retrenchments. The discussion shifts to M&A strategies, emphasizing counter-cyclical opportunities and a strong balance sheet. The company is acquiring SFA Oxford to leverage expertise in powertrains and metals, while cautioning against excessive M&A in the gold sector.

What is the main concern of the speaker regarding the AMCU strike?

• The impact on other unions

• The legality of the strike

• The financial cost to the company

• The duration of the strike

What is the speaker's hope regarding the potential job losses due to restructuring?

• That new jobs will be created

• That the number of job losses will be less than 6000

• That all affected employees will be retrained

• That the restructuring will be postponed

What is the purpose of the 189 process mentioned in the context of restructuring?

• To finalize the number of job losses

• To increase company profits

• To find alternatives to retrenchment

• To negotiate with labor unions

What is the company's approach to mergers and acquisitions?

• To avoid any risks

• To focus solely on gold

• To be counter-cyclical

• To follow market trends

What recent acquisition did the company announce?

• A gold mining company

• A labor union

• A powertrain development firm

• A consultancy firm based at Oxford University