South African mogul Neal Froneman’s latest pursuit: Zambian copper mines
Froneman’s interest in Zambia’s copper mining assets represents a major opportunity for the country.
Froneman’s interest in Zambia’s copper mining assets represents a major opportunity for the country.
Froneman owns a 0.074-percent stake in Sibanye-Stillwater.
Froneman holds a 0.074-percent stake in Sibanye-Stillwater.
Froneman owns a 0.074-percent stake in the leading precious metal mining group.
Sibanye-Stillwater is a multinational precious metal mining group.
Froneman’s 0.074-percent stake in Sibanye-Stillwater is now worth more than $5.2 million.
Froneman owns a 0.074-percent stake in Sibanye-Stillwater.
The news comes nearly two months after it suspended operations in Montana for seven weeks.
Regional floods led to the decision to pause operations.
The news comes after the group signed a three-year wage agreement with its gold mine workers.
In 2021, Sibanye-Stillwater’s executive directors and officers were handsomely rewarded, with $51.1 million in remuneration.
Froneman received $18.9 million in compensation in 2021.
Froneman owns a 0.074-percent stake in the company worth more than $10 million.
Sibanye-Stillwater is a multinational precious metal mining company.
The Froneman-led mining group will take full ownership of the low-cost, mechanized Kroondal operation
Sibanye-Stillwater is the world’s largest primary producer of platinum, second-largest producer of palladium and third largest producer of gold.