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Sibanye expects triple-digit surge in H1 earnings

Dual-listed Sibanye Gold expects a surge in earnings for the first half of 2016 on the back of a 31% higher average rand gold price. The company on Wednesday said in a trading update that headline earnings per share (HEPS) for the six months ended June 30 were likely to be between 484% and 611% higher than the 19c apiece achieved in the prior corresponding period.