Sibanye-Stillwater Approves Mt Lyell and Burnstone Mine Developments
Sibanye-Stillwater approved its Mt Lyell copper-gold project in Tasmania and the Burnstone gold project in South Africa, advancing long-life developments. At steady state the mines are expected to produce up to 26,000 tonnes of copper, 16,000 oz of gold and 116,000 oz of gold, strengthening finances as metals prices rise and lifting headline earnings to about $0.33 per share.