Sibanye-Stillwater has completed repairing its balance sheet after it shot the lights out in its September quarter, slashing debt and reporting a record financial performance as its mines in SA returned to post-lockdown operations quicker than expected. Sibanye, which has the bulk of its platinum group metals (PGM) mines and all its gold mines in SA, as well as PGM operations in the US and Zimbabwe, is the world's largest supplier of PGMs. It bought the Stillwater palladium and platinum mining company for $2.2bn (R35.8bn) cash in 2017, loading its balance sheet with debt, forcing the company to suspend dividend payments. It reported record adjusted earnings before interest, tax, depreciation and amortisation (ebitda) of R15.6bn for the three months to end-September, a near trebling compared to the same period a year earlier. Adjusted ebitda for the quarter was higher than the R14.96bn adjusted ebitda for the whole of Sibanye's 2019 financial year.