[miningmx.com] – SOUTH Africa’s four largest gold producers are hoarding cash and raising more in order to sit out an industry strike, said Bloomberg News.
“If we are, let’s say, bullied into a situation that we don’t like, we can ride out the storm for a very long period of time,’ Sibanye Gold CEO, Neal Froneman, told Bloomberg News. “That was the reason behind putting cash in the bank,’ he said.
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