JSE drops 1.8% as Sibanye advances on 2 fronts

The JSE All Share fell 1.79% to 108349.44 points and the Top 40 lost 1.79% to 100188.51 points on July 8. Sibanye-Stillwater won approval for the first phase of its secondary mining push, according to Engineering News. The group also appointed Chapman as head of investor relations, African Mining Online reported. Sibanye-Stillwater meanwhile said it would look to Africa for new gold output, while keeping that expansion framed as a forward-looking plan, according to Miningmx.