Platinum Rising in Medium Term, Gold in ’Solid Position’: Sibanye CEO

The video discusses the current state and future outlook of platinum, palladium, and rhodium markets, highlighting platinum's oversupply and palladium's structural deficit. It examines the impact of PGM prices and currency fluctuations on business, emphasizing the importance of cost management. Concerns about international economic downturns affecting the auto market are addressed, along with strategies to mitigate risks. The video also touches on domestic economic challenges, particularly the role of government and Eskom in creating a conducive business environment.

What is the current market condition of platinum according to the transcript?

• Platinum is unaffected by market conditions.

• Platinum is in oversupply.

• Platinum is in high demand.

• Platinum prices are expected to rise soon.

Why is palladium expected to see a price increase?

• It is not expected to increase.

• Because of a structural deficit.

• Due to government intervention.

• Due to its oversupply.

How does the company view its dependency on current metal prices?

• Not very dependent due to being a low-cost producer.

• Highly dependent on current prices.

• Completely independent of metal prices.

• Dependent only on gold prices.

What is the company's biggest concern regarding international economics?

• Rise in platinum prices.

• Increase in gold prices.

• Decrease in automotive demand.

• Economic downturn affecting sales.

How does the company plan to manage risks associated with economic volatility?

• By increasing production costs.

• By focusing on cost control and being a low-cost producer.

• By relying on government subsidies.

• By diversifying into new markets.

What is one of the major domestic risks mentioned in the transcript?

• Eskom's electricity supply issues.

• High taxation rates.

• Lack of skilled labor.

• High inflation rates.

What does the company hope to see from the government to improve the business climate?

• Increased taxation.

• More regulations.

• Action to improve Eskom's finances and electricity supply.

• Reduction in export tariffs.