Froneman holds a minority 0.3-percent stake in Sibanye-Stillwater, equivalent to 8,382,849 ordinary shares.
Sibanye-Stillwater
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Froneman, a highly respected executive within the mining industry, has played a pivotal role in the transformation of Sibanye-Stillwater.
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Froneman emphasized that the partnership would materialize once negotiations concluded satisfactorily.
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Froneman owns a 0.3-percent stake, or 8,382,849 ordinary shares, in the precious metal mining group.
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As the CEO of Sibanye Stillwater, Froneman has cemented his position as a leading figure in the mining sector.
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South African tycoon Neal Froneman takes $6.7-million hit as Sibanye-Stillwater shares tumble
Froneman owns a 0.3-percent stake, or 8,382,849 ordinary shares, in the precious metal mining group.
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Froneman confirmed the company’s interest in acquiring Mopani, expressing a long-term investment outlook.
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Froneman leads Sibanye-Stillwater to a green milestone, secures wind energy deal for carbon neutrality by 2040.
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This comes after the Froneman-led group announced emergency funding of up to $20.1 million for New Century.