Gold's Mr. Fixit Starts Second Act With Anglo Platinum Discards

  • Sibanye chief targets gold, coal after $330 million purchase
  • Investor skepticism of South Africa creates opportunity: CEO
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Crippling labor strikes, geriatric mines and precious metals prices scraping along at their lowest levels in half a decade don’t faze Neal Froneman, head of the world’s best-performing gold producer over the past two years.

Froneman, known in the industry as Mr. Fixit, defied investors’ skepticism to build up Sibanye Gold Ltd. from a spinoff of three old, strike-prone South African mines owned by Gold Fields Ltd.