Sibanye’s Froneman targets year-end Pt deal

[miningmx.com] – SIBANYE Gold CEO, Neal Froneman, said the company was not in specific discussions with any platinum producers, but added he expected to conclude a platinum acquisition by the year-end.

In an interview with BDLive, Froneman was quoted to have said: “We must be clear — we are not in specific discussions with anybody.

“We have, for probably six months now, been looking intensely at different platinum companies and assets. We have gone through the front doors of these companies and said we want to build a South African precious metal champion.”

“I’d be very disappointed if by the end of this year we haven’t done a material platinum transaction.”

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