Sibanye-Stillwater, the largest single gold producer in South Africa, on Monday said its output for 2017 exceeded expectations thanks to a two-percent boost in production in the second half of the year.

It said overall gold production for the year was 600 kilogrammes higher than expected at 43,600 kilogrammes after gold production rose four percent in the six months up to December, despite the closure of its Cook operations.

“The positive momentum at the SA PGM operations continued, with attributable PGM production of about 1.19M 4Eoz for the year ended 31 December 2017, 4% higher than the upper range of guidance of 1.15M 4Eoz with attributable PGM production for the second half of the year of 603,635 4Eoz, 2% higher than for the first half. “

– African News Agency (ANA)