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Lower gold price in rand hurts Sibanye Gold's Q1

Andrew Topf | May 04, 2017 | 2:12 pm Base Metals Africa Platinum 

A higher South African rand versus the U.S. dollar was to blame for lowering Sibanye Gold's (NYSE:SBGL) net operating profit in the first quarter. The Libanon-based gold and platinum producer said the rand gold price slipped 14% compared to the...

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