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Sibanye sees 1m oz of gold for a decade

29 July 2016 By admin

Sibanye sees 1m oz of gold for a decade:

Sibanye Gold, the biggest South African producer of the metal, said investments in its operations mean it will maintain output at more than 1 million ounces annually for at least 12 years. About R3.6 billion of spending on its Kloof, Driefontein and Burnstone mines that the board approved last year will result in more than 4 million ounces of extra gold output and extend the life of the mines beyond 2040, the Westonaria, South Africa-based company said in a statement Thursday.

Read the full article by here: Johannesburg, South Africa News

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Filed Under: Johannesburg Tagged With: decade, gold, sees, sibanye

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