Sibanye Mine Misses Targets, Risking 2,500 South African Jobs

  • About 1,700 full-time employeees, 800 contractors affected
  • Sibanye looks to trim costs to keep Cooke mines sustainable

Sibanye Gold Ltd., the top producer of the metal from South African mines, will start talks with unions that may affect about 2,500 jobs after its Cooke 4 operation failed to meet production goals.

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