SA gold producers down, Sibanye shines

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IOL BR mining PIC001 Reuters.

Johannesburg - Shares of gold companies fall in Johannesburg after government data shows production fell by 21 percent in December.

Leading producer AngloGold Ashanti has lost nearly 2 percent, third-placed Gold Fields is down 2.7 percent, while Harmony Gold is 1 percent lower.

Sibanye Gold, which was carved from Gold Fields and listed in Johannesburg this week, has added 6.6 percent.

Analysts have said it will have a dividend yield of about 7 percent or more, making it attractive. - Reuters


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