Safety dominates Sibanye results presentation as 125% profit surge takes back seat

August 25, 2016

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Top performing precious-metals mining company Sibanye Gold, dismayed by an uncharacteristic spate of mineworker fatalities, began its presentation of high-cash results for the half-year with a safety moment as a mark of its determination to up its safety performance. The 125% surge in profits in the six months to June 30 was given short shrift at Thursday’s presentation of high-dividend-paying results as Sibanye CEO Neal Froneman announced that he had mandated highly experienced mining operational executive and mechanical engineer Peter Turner to work alongside him in the CEOs office to drive safe technology.

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