Sibanye mineral reserves increase 12% to 19.9Moz

Gold mineral reserves at dual-listed miner Sibanye Gold’s operations have increased from 17.8-million ounces in December 2013 to 19.9-million ounces in December 2014, following the completion of prefeasibility studies on below infrastructure “drop-down projects”. This 12% increase primarily stemmed from an additional 1.7-mlilion ounces of gold mineral reserves being declared at the miner’s Kloof 4 and Driefontein 5 shafts.