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Sibanye-Stillwater Implements Job Cuts Amid Market Turbulence

Strategic Decisions Shape Layoffs Sibanye-Stillwater recently announced plans to reduce its workforce by 2,600 jobs in South Africa. The company attributed this downsizing to strategic decisions made in collaboration with various stakeholders. These decisions involved the closure of the Simunye shaft and the continued...
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Riding the Wave: Gold Prices Surge 1% on New US Jobs Data

Market Movement In a surprise twist, the price of gold surged 1% in response to the latest US jobs data, releasing investors from the grip of apprehension that has prevailed since the Federal Reserve's (Fed) reactive actions. The US dollar index remained unyielding, opening...
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