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Nuru

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Nuru

Re: None

Wednesday, 06/13/2018 6:09:04 PM

Wednesday, June 13, 2018 6:09:04 PM

Post# of 14330
The Burnstone gold mine in Mpumalanga, which Sibanye bought out of liquidation as a partially built operation, is not a core asset and it too is a candidate for sale or a joint venture, Froneman said.

With Sibanye bringing its high debt levels under control within the next couple of months, Froneman forecast that Sibanye could return to paying cash dividends in its 2019 financial year after a hiatus because of high debt levels when it opted to pay investors shares instead of cash.

OMG, it apparently goes to hell too.
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