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Sibanye operating profit steady on 6% lower gold output

The operating profit of Sibanye Gold was maintained at R4-billion in the six months to December 31, when gold production was 6% lower at  than for the six months ended 31 December 2014, at 822 100 oz of 25 571kg. The JSE-listed company’s all-in sustaining cost (AISC) margin increased to 16% from 13% on net debt of R1.4 billion, which was down on the R1.7-billion of June.