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Actionable news in SBGL: SIBANYE GOLD LIMITED,

Can Sibanye Achieve Its Cost Guidance for 2016?

Can Sibanye’s Fundamentals Support Its Post-1Q16 Price Rally?

Gold production

Sibanye Gold’s (SBGL) gold production in 1Q16 was 360,800 ounces, which is 14% higher compared to the same quarter last year. However, 1Q15 was impacted by a number of one-off events such as an underground fire, a conveyor belt failure, union conflicts, and plant accidents.

Sibanye’s 1Q16 production declined by 12% quarter-over-quarter. The sequential lower production was mainly due to the Christmas and early Easter breaks.

The company achieved a record rand gold...