Sibanye-Stillwater raises 2018 expected loss to R2.5bn

Sibanye-Stillwater said on Wednesday it expects its full-year attributable loss to be over $100-million larger than the guidance given in a trading statement last week, following a review of tax changes in the US. The gold and platinum miner's shares fell into negative territory on the news that it expects the loss to reach R2.5-billion rather than the R1-billion previously guided because of the tax changes.