Sibanye CEO on Coronavirus Threat, Acquisition Plans

Sibanye CEO on Coronavirus Threat, Acquisition Plans

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Business

University

Hard

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The transcript discusses the company's stock performance influenced by Palladium and gold, operational risks from coronavirus, geopolitical vulnerabilities, and potential acquisition plans. The company is seen as a PGM-focused entity, with gold providing a hedge. Operational risks are assessed, particularly in South Africa and the US, with a focus on supply chain disruptions. The company is cautious about interactions with China due to coronavirus. Plans for a $4-5 billion acquisition of North American gold assets are outlined, with a timeline of 6-9 months for action.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view the impact of Chinese interactions on its operations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's strategy regarding potential acquisitions in the next 6 to 9 months?

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