Sibanye-Stillwater posted a 100% deterioration in the firm's taxed profit for the six months ended June. This outcome was previously guided in a trading statement with the presentation today falling on efforts to bolster the firm's balance sheet. As part of this, Sibanye-Stillwater pre-sold gold production for R1.8bn and said it was working on further metal pre-sales agreements totalling $600m to $700m (R10.7bn to R12.5bn).