Sibanye-Stillwater's record-breaking results
Sibanye-Stillwater’s record-breaking results Sibanye-Stillwater’s results for the six months and year ended 31 December 2020 were impressive and broke several records. Attributable profit of R29.312 million for 2020 was 47 times higher than R62 million for 2019 to R29.312 million. Free cash flow (FCF) was significantly higher for 2020, despite the impact of Covid-19 on the operations, with FCF of R19.914 million – 63 times higher than FCF for 2019 of R318 million. “These are excellent results which demonstrate the benefits of the Group’s larger, diversified production base,” comme...
Source: miningnews.co.za