SibanyeStillwater Sibanye Stillwater reports adjusted EBITDA of $496M in Q3 as gold and PGM production down y-o-y
Editors Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of todays must-read news and expert opinions. Sign up here!
All-in sustaining costs were US$2,207 per ounce of gold or 52% higher than for Q3 2021, primarily due to the decrease in gold sold year-on-year with a working cost and SIB capital increasing by 4% and 11% respectively. The company said that severe load shedding imposed by Eskom during September 2022 necessitated the curtailment of concentrator capacity across the SA PGM operations, impacting processed output and sales for the quarter.
Mined 2E PGM production from the US PGM operations of 85,889 2Eoz for Q3 2022 was 40% lower than for Q3 2021, primarily as a result of the suspension of production at the Stillwater operation for seven weeks following regional flooding in Montana in mid-June 2022. AISC of US$1,815/2Eoz for Q3 2022 was 88% higher than for Q3 2021 due to lower production and inflationary cost pressure.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
B2Gold reports net loss in third quarter as gold production down 27% y-o-yA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
اقرأ أكثر »
Equinox reports net loss of $30M in third quarter, gold production up 3%A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
اقرأ أكثر »
Net loss for Suncor, Fort Hills acquisition leads to $3.4B writedownSuncor Energy beat analyst expectations in reporting $2.6 billion in adjusted operating earnings in the third quarter. Find out more.
اقرأ أكثر »
Suncor posts net loss, $3.4-billion writedown on Fort Hills acquisitionSuncor Energy beat analyst expectations in reporting $2.6 billion in adjusted operating earnings in the third quarter. Find out more.
اقرأ أكثر »