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Sibanye partially resumes ops after fire

Feb 26 2013 10:16 Reuters

Gold demand fell in 2012 for first time in 3 years.

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Johannesburg - Sibanye Gold said on Tuesday production has partially resumed at its Beatrix 4 shaft in areas that were unaffected by a fire there last week.

The fire has not yet been extinguished and some 1,029 ounces of gold output have been lost during the four-day suspension of the shaft, the company said.

Around 1,961 ounces are expected to be lost each month while production is halted in the areas affected by the fire.

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