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Sibanye considers closing unprofitable shafts at gold mines

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GOLD
Sibanye Gold is considering shutting unprofitable shafts and cutting jobs at its South African gold mines amid a three-month-old wage strike that’s curbing output. The nation’s largest gold producer has talked with some labor unions about a potential restructuring, which could lead to job cuts, said Sibanye spokesman James Wellsted.
 
 
 
 
 

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