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Sibanye CEO says may close metals streaming deal in third quarter

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DIVERSIFIED MINING
Sibanye Stillwater CEO Neal Froneman said on Tuesday it may close a metals streaming, or prepayment, deal to raise the cash it needs to boost its balance sheet in the third quarter. The Johannesburg-based platinum-group metals producer is seeking to raise more than $500-million to shore up its balance after earnings plunged due to a rout in metal prices.
 
 
 
 
 

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