JOHANNESBURG (miningweekly.com) – If you gave me an option to have any portfolio of platinum group metal (PGM) assets in the world, this is the portfolio I would take – without a doubt, Sibanye-Stillwater CEO Dr Richard Stewart declared unequivocally as he pointed out his company’s South Africa PGM asset base during Capital Markets Day on Tuesday, June 23.
Stewart outlined how the “magnificent” PGM asset suite is providing the Johannesburg Stock Exchange-listed Sibanye-Stillwater with size, scale, timing, mining method, and orebody optionality, in its building of a long-term 30- to 40-year PGM business on the western limb of South Africa’s endowed Bushveld Complex, the world’s most concentrated PGMs source. (Also watch attached Creamer Media video.)
Flashing across the screen as Stewart presented were Sibanye-Stillwater’s contiguous mine-to-market portfolio of PGM operations labelled as Anglo American Platinum (Rustenburg), Aquarius (Kroondal) and Lonmin (Marikana).
“We’re sitting with a huge amount of optionality within the company. There's no other PGM business in the world that has that kind of optionality … and the opportunity we’ve got is how best to create value through that optionality, and that’s the strategy we’ve put together,” an upbeat Stewart told investors, analysts and media. (Also watch attached Creamer Media video.)
