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MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Sibanye Gold Limited    SGLJ   ZAE000173951

SIBANYE GOLD LIMITED

(SGLJ)
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Sibanye Gold : Stillwater - Inspection of shaft infrastructure at Thembelani at -Stillwater's SA PGM operations

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05/01/2019 | 11:21am EDT

Johannesburg - Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) advises that at about 13:00 today, some rails which were being transported underground at the Thembelani shaft, Rustenburg, whilst being slung under the conveyance, came loose and fell down the shaft.

Shaft personnel are removing the rails from the shaft and conducting an inspection to determine if there has been any structural damage to the shaft, following which a decision will be made to either use the Thembelani shaft should it be safe to do so to remove employees from underground, or the second outlet at the adjacent Khuseleka shaft.

Approximately 1,800 day shift employees are currently waiting at the shaft stations at the Thembelani shaft. There have been no serious injuries reported and all employees are safe. Please refer to https://soundcloud.com/user-155552468/incident-thembelani-30apr2019 for a media sound clip by the spokesperson, James Wellsted.

Contact:

James Wellsted

Tel: +27 (0) 83 453 4014

Email: ir@sibanyestillwater.com

This press release should not be sent, distributed, transmitted or otherwise made available in or into the United States or any other jurisdiction where it would be impermissible to do so. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933 (the 'Securities Act') or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, in the United States except pursuant to registration under, or an exemption from the registration requirements of, the Securities Act. There will be no public offering of securities in the United States or any other jurisdiction. The securities have not been approved or disapproved by the US Securities and Exchange Commission, and state securities commission in the United States or any other US regulatory authority. Any representation to the contrary is a criminal offence in the United States.

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (ZAR)
Sales 2019 74 773 M
EBIT 2019 8 315 M
Net income 2019 4 294 M
Debt 2019 21 158 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 4,39x
EV / Sales2019 1,13x
EV / Sales2020 0,70x
Capitalization 63 253 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 26,83  ZAR
Last Close Price 23,69  ZAR
Spread / Highest target 68,8%
Spread / Average Target 13,3%
Spread / Lowest Target -36,7%
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Managers
NameTitle
Neal John Froneman Chief Executive Officer & Executive Director
Matthews Sello Moloko Non-Executive Chairman
Charl Keyter Chief Financial Officer & Executive Director
Wayne D. R. Robinson Executive Vice President-Group Technical
Timothy John Cumming Independent Non-Executive Director
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