Sibanye Declines as Safety Stoppages Hurt Gold Production

Updated on
  • Shares down as miner loses about 45,000 ounces in first half
  • Higher gold price, weak rand cause profit to rise sixfold

Sibanye Gold Ltd. fell in Johannesburg trading as safety stoppages meant the biggest miner of South African gold produced less of the precious metal than it could have in the first half of the year.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.