The company made this announcement in a trading statement and operating update for the quarter ended 30 September 2016.
Its annual earnings per share, at the higher rate, will be a minimum of 237 cents per share cps – or 158 cps higher than the 79cps for 2015.
Headline earnings per share for 2016 is expected to be a minimum of 330% (244 cps) higher than the 74 cps reported for 2015, or a minimum of 318 cps.
Normalised earnings per share for 2016 is expected to be a minimum of 220% (295 cps) higher than the 134 cps reported for 2015, or a minimum of 429 cps.
The financial information on which this trading statement is based is at an average rand gold price for the year of R590 000/kg, excludes the effect of the Rustenburg transaction and has not been reviewed or reported on by Sibanye’s auditors.