Sibanye Gold is trading 7.4% up at $12.53 after investors reassessed September 1, 2026 results showing record revenue of R90 billion and a reinstated payout.

  • Adjusted EBITDA reached R31.8 billion, up 111% year over year.
  • Management declared a R5.7 billion interim dividend at the upper end of its payout policy.
  • Shares initially slipped after earnings, but strong cash generation and the reinstated payout provide a clear company-specific catalyst.