In my previous piece on Sibanye Gold (SBGL), I covered the company's Q1 2019 performance and highlighted that Lonmin acquisition would enhance SBGL's production potential of platinum group metals (PGMs). I also indicated the need for metal prices to gain traction. The stock has gained by ~9% (on aggregate) since then, despite having suffered from a recent sharp dip.
The recent decline erupted after the company's announcement of H1 2019 results and the problems were alleviated given an ongoing strike at SBGL's South African ((SA)) gold operations. Nevertheless, SBGL has maintained a favorable