Sibanye Stillwater (SSW) reported HEPS up 216.3% to 601c, in line with guidance midpoint. Revenue increased 64.3% to R89.98bn, driven by stronger commodity prices. Higher gold and PGM prices, recycling performance and lower impairments boosted profitability. SA gold production fell 2.0% to 9,134kg, while AISC rose 14% to R1.64m/kg. SA PGM production was broadly flat at 831,307 4Eoz, with AISC up 10% to R26,252/4Eoz. Interim dividend increased 8% to 201c per share.
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