Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Commodities  >  Platinum       

PLATINUM
My previous session
Most popular
Delayed Quote. Delayed  - 08/17 12:54:28 pm
777.38 USD   -0.48%
08/06Tariff Threats Weigh on Metals
DJ
08/06China's Cleanup Transforms Iron -- WSJ
DJ
08/02South African platinum producer Implats to slash 13,400 jobs as c..
RE
SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

Sibanye Gold : 2017 Gold Production Exceeds Guidance

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/05/2018 | 11:23am CEST

By Dimitrios Kontos

Sibanye Gold Ltd. (SGL.JO) said Monday that gold production in 2017 was higher than it had expected as production in the second half increased 4% from the first six months of the year.

Gold production for the full year reached 1.4 million ounces, the company said, exceeding its guidance of between 1.35 million ounces and 1.38 million ounces.

All-in sustaining costs for the year are expected at approximately $1,130 an ounce, Sibanye Gold said. It had guided for costs of between $1,115 and $1,140 an ounce.

The increase in production in the second half drove a 1.1% decline in all-in sustaining costs, the company said.

In the eight months since it was acquired by Sibanye-Stillwater, the U.S. platinum-group metals operations produced 376,300 ounces, which is in line with guidance of between 350,000 ounces and 380,000 ounces, Sibanye Gold said.

For the six months ended Dec. 31, production came to about 282,600 ounces at an all-in sustaining cost of $660, the company said.

Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
GOLD 0.10% 1176.93 Delayed Quote.-9.90%
PLATINUM -0.47% 777.38 Delayed Quote.-17.61%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PLATINUM
08/06Tariff Threats Weigh on Metals
DJ
08/06China's Cleanup Transforms Iron -- WSJ
DJ
08/02South African platinum producer Implats to slash 13,400 jobs as costs bite
RE
08/02IMPALA PLATINUM : Implats Starts Two-Year Restructuring Program at Rustenburg Mi..
DJ
08/02IMPALA PLATINUM : to Cut Production, Jobs in Restructuring Program
DJ
07/31De Beers Group to Close Voorspoed Mine
DJ
07/31Fresnillo 1st Half Profit Falls on Silverstream Revaluation, Market Headwinds..
DJ
07/26Anglo American 1st Half Profit Comes in Low, Quellaveco Given Go Ahead -- Ear..
DJ
07/24AngloGold Poaches Barrick's President -- WSJ
DJ
07/23Anglo American Platinum Buys Glencore's Mototolo JV Stake for Up to ZAR22 Bil..
DJ
More news
Chart PLATINUM
Duration : Period :
Platinum Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PLATINUM
Short TermMid-TermLong Term
TrendsBearishBearishBearish