Sibanye-Stillwater’s masterstroke
the rehabilitation of the mining sector since the dark days of 2017 – when the industry had racked up a fifteenth straight year of underperformance – has been remarkable.
It’s a recovery from overspend and subsequent chronic indebtedness no more clearly demonstrated than in gold. Gold mining firms falling under the radar of Canadian bank
Scotiabank posted dividend increases averaging 70% since September. The average dividend yield for multi-asset senior and intermediate gold producers is now 2%, exceeding the S&P 500’s yield of 1.6%. The bank thinks that, at that
