Sibanye CEO on Coronavirus Threat, Acquisition Plans

The transcript discusses the company's stock performance influenced by Palladium and gold, operational risks from coronavirus, geopolitical vulnerabilities, and potential acquisition plans. The company is seen as a PGM-focused entity, with gold providing a hedge. Operational risks are assessed, particularly in South Africa and the US, with a focus on supply chain disruptions. The company is cautious about interactions with China due to coronavirus. Plans for a $4-5 billion acquisition of North American gold assets are outlined, with a timeline of 6-9 months for action.

What has been a significant factor in the company's stock rally over the past year?

• Expansion into new markets

• New mining technology

• Palladium assets

• Increased demand for gold

How does the company mitigate the impact of global economic turmoil on its share price?

• By increasing production

• Through government subsidies

• Through exposure to gold

• By diversifying into real estate

What is a major concern for the company's operations in South Africa?

• High operational costs

• Lack of skilled labor

• Dependence on foreign machinery

• The virus becoming pronounced

Which region is the company considering for a large acquisition?

• Europe

• South America

• North America

• Asia

What is the company's stance on hostile takeovers?

• They find it too risky

• They are open to it

• They actively pursue it

• They have no opinion