Mining News

Sibanye suspends gold guidance, but reports strong first-quarter earnings

JSE- and NYSE-listed precious and battery metals miner Sibanye-Stillwater has reported adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of R13.66-billion ($898-million) for the quarter ended March 31. This marks a 31% year-on-year decrease from the record Ebitda of R19.83-billion ($1.32-billion) reported for the first quarter of 2021.

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