May 19, 2020

South Africa's Sibanye Gold Limited Celebrates NYSE Listing

Bizclik Editor
On Thursday, February 21, South African gold mining company, Sibanye Gold Limited (NYSE: SBGL), will visit the New York Stock Exchange (NYSE) to commemorate the listing of its American Depositary Receipts (ADR) on the NYSE. To celebrate the occasion, Chairman Sello Moloko, joined by members of the company's management team, will ring the NYSE Closing Bell. About Sibanye Gold Limited Sibanye Gold is a South Africa focused gold producer, newly listed in the Johannesburg Stock Exchange and New York Stock Exchange, following the unbundling by Gold Fields Limited, of its wholly owned subsidiary GFI Mining South Africa Proprietary Limited. Sibanye Gold, with production of approximately 1.3 million oz per annum and a high grade resources of approximately 74 million oz is in the top ten largest gold producers globally and the largest single producer of gold from South Africa. The group owns the Kloof, Driefontein and Beatrix mines, which as a result of their significant cash generation, position it to be a benchmark dividend yield play in the gold sector. The group is unhedged and offers significant leverage to the gold price.

Share article

You might also like these videos

1 min