Sibanye’s first-quarter gold production falls on strike impact

Dual-listed Sibanye-Stillwater expects to report gold production of 104 000 oz for the first quarter of this year. That equates to about 90% of what was planned for under the strike conditions and 36% of the gold produced in the first quarter of 2018. Sibanye on Tuesday warned that unit operating costs and all-in sustaining costs would be negatively impacted on by the lower output.