Sibanye Gold considers future of Beatrix West

The company says the Beatrix West Section (previously Oryx Mine) cost R2.6 billion to develop, but has always been marginal and to date, has not been able to recover the initial capital spent. A number of initiatives to arrest the production decline and rising costs were implemented by Gold Fields Limited and the Beatrix West Section was kept operational in the hope that the situation would improve.

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