Sibanye-Stillwater achieves positive FY17 operating results

Precious metals producer Sibanye-Stillwater produced 1.4-million ounces of gold in the year ended December 31, exceeding guidance of 1.35-million to 1.38-million ounces. In a trading update published on Monday, the company reported that gold production for the second half of the year was 4% higher than for the first half, despite the closure of the Randfontein-based Cooke operations in October 2017.