Sibanye Gold CEO: People Bullish on Future of Gold

Neil Frontman, CEO of Sibanye Gold, discusses the current favorable market conditions for gold and the potential for acquisitions. He highlights the company's interest in expanding into other commodities like PGMs. Despite political and economic challenges in South Africa, Frontman emphasizes the company's understanding of the local environment and reliance on a strong legal system. He also addresses governance issues and the need for change, while expressing optimism about future opportunities in South Africa's resource-rich landscape.

What factors are contributing to the bullish outlook on gold according to the discussion?

How has Sibanye Gold's financial position influenced its acquisition strategy?

What challenges does the CEO mention regarding the political environment in South Africa?

What is the significance of the legal system in South Africa as mentioned in the conversation?

In what ways does the CEO believe that the current environment presents opportunities for value creation?