Sibanye cuts more jobs after shaft shut down

South Africa’s Sibanye Stillwater will close its 4 Belt shaft at Marikana and shed 855 jobs after failing to return it to profitability due to low platinum group metal (PGM) prices, the company said on Thursday. The diversified miner, like its industry peers Anglo American Platinum, is restructuring to contain costs after PGM prices plunged […]