Sibanye Gold declares 62c divi, all-in costs of $1 069/oz

Gold,,,Feb 19 (Reuters) –ย South African-focused Sibanye Gold reported on Thursday a 60 percent decline in second-half headline earnings per share because of impairments to some operations and the Rand Refinery as well as an additional tax payment.

* HEPS for six-months ended Dec 31 at 85 cents versus 195 cents last year and 84 cents for six months to June 2014

* Gold production increased by 13 pct to 27,289 kg (877,400oz) compared with six months ended 31 December 2013

* Final dividend of 62 SA cents per share declared

* Total cash cost of R298,520/kg ($847/oz) and all-in sustaining cost of R376,687/kg ($1,069/oz)

* R4.0 billion ($364 million) operating profit

* Gold production for FY 2015 is forecast to be between 50,000kg and 52,000kg (1.61moz and 1.67moz)

* FY 2015 total cash cost is forecast at between R305,000/kg ($850/oz) and R315,000/kg ($875/oz)

For the full SENS report, click here.ย 

 

 

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