Sibanye Eyes Gold, Platinum Purchases in 2016 as Stock Soars

  • CEO Neal Froneman targets low-cost assets to boost dividend
  • Company also looking at entering base metals, bulk commodities

Sibanye Gold Ltd., the biggest producer of the metal from South African mines, wants to buy gold and platinum assets this year as it seeks to capitalize on its rising earnings and share price, Chief Executive Officer Neal Froneman said.

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