Sibanye Gold Limited owns and operates underground and surface gold operations in South Africa. The company holds interests in the Driefontein Operations covering an area of approximately 8,561 hectares; the Kloof Operations covering an area of approximately 20,100 hectares; and the Cooke Operations located in the West Witwatersrand region, as well as in the Beatrix Operations covering an area of approximately 16,821 hectares in the Free State province of South Africa. As of December 31, 2015, it had proved and probable gold reserves of approximately 30.988Moz; and probable uranium reserves of approximately 113.8Mlb. Sibanye Gold Limited was incorporated in 2002 and is based in Westonaria, South Africa.
$FAST Miss EPS, reducing workforce, and declining gross profit: "Over time are a constant drain on our gross profit"
SBGL with a big drop today, with the news that they purchased a platinum mine in the US. Gold also down to $1150/oz. Current dividend yield would be 7%. Today's candle itself is actually green, and perhaps it's an inverted hammer with price touching a low not seen since January.
