Sibanye-Stillwater to layoff nearly 300

Sibanye-Stillwater will cut 287 jobs at its U.S platinum group metals (PGM) operations to reduce costs as metal prices decline, reported Reuters.  The Johannesburg-based miner announced last year the restructuring of its palladium-dominated U.S operations in anticipation of a fall in palladium prices and because of the impact of inflation on costs. This year the price of palladium has plunged…

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