BRIEF-Sibanye Stillwater Says Outlook For 2021 And Beyond Expected To Be Positive

  • Reuters
  • Stock Market News
BRIEF-Sibanye Stillwater Says Outlook For 2021 And Beyond Expected To Be Positive
Credit: © Reuters.

May 6 (Reuters) - Sibanye Stillwater Ltd SSWJ.J :

* SIBANYE STILLWATER LTD - 78% INCREASE IN ADJUSTED EBITD TO R19.8 BILLION (US$1.3 BILLION) IN QUARTER

* SIBANYE STILLWATER - 2021 ANNUAL GUIDANCE REMAINS UNCHANGED EXCEPT FOR SA PGM PROJECT CAPITAL FOR YEAR

* SIBANYE STILLWATER LTD - PGM PRICES HAVE RISEN FURTHER IN Q2 2021 TO DATE, WITH GOLD PRICE REMAINING FIRM

* SIBANYE STILLWATER - OPERATIONAL MOMENTUM FROM Q4 2020 (FOLLOWING NORMALISATION OF OPERATIONS POST COVID-19 DISRUPTIONS), CARRYING THROUGH INTO 2021

* SIBANYE STILLWATER LTD - OUTLOOK FOR 2021 AND BEYOND IS EXPECTED TO BE POSITIVE

* SIBANYE STILLWATER LTD - MINED 2E PGM PRODUCTION FROM US PGM OPERATIONS FOR 2021 IS FORECAST TO BE BETWEEN 660,000 2EOZ AND 680,000 2EOZ

* SIBANYE STILLWATER LTD - PGM MARKETS REMAIN TIGHT WITH FUNDAMENTAL OUTLOOK FOR THESE METALS POSITIVE.

* SIBANYE STILLWATER LTD - 2021 ANNUAL GUIDANCE PROVIDED TO MARKET IN FEBRUARY 2021 REMAINS UNCHANGED EXCEPT FOR SA PGM PROJECT CAPITAL FOR YEAR

* SIBANYE STILLWATER - FY CAPITAL EXPENDITURE FORECAST FOR US PGM OPERATIONS TO BE BETWEEN $300 MILLION & $320 MILLION

* SIBANYE STILLWATER - SA PGM OPERATIONS 2021 CAPITAL EXPENDITURE IS FORECAST AT R 3,800 MILLION

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