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Sibanye Gold does not plan job cuts after offer to buy Aquarius Platinum

Published 06/10/2015, 09:12 pm
Updated 06/10/2015, 09:18 pm
© Reuters.  Sibanye Gold does not plan job cuts after offer to buy Aquarius Platinum
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Oct 6 (Reuters) - South Africa's Sibanye Gold has no plans to cut jobs and will keep its dividend policy unchanged after its offer to acquire Aquarius Platinum AQP.L AQPJ.J for $294 million, its chief executive said on Tuesday.

Sibanye Chief Executive Neal Froneman told a presentation in Johannesburg that the company had no intention of buying the assets of its rival Harmony Gold HARJ.J .

In September Sibanye purchased Anglo American (LONDON:AAL)'s South African platinum assets for $331 million. ID:nL5N11F0OP ($1 = 13.6595 rand)

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