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South Africa based platinum producer Sibanye-Stillwater warned that earnings are likely to be down 40-46% in 2022, due to falling PGM prices and industrial disputes.
Sibanye-Stillwater now expects earnings per share for 2022 between 618 and 683 rand cents, compared to 1,272 rand cents per share for 2021.
Production lower as some mines reach end of life
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