Sibanyeâ€™s total shareholder returns have outperformed that of its former parent Gold Fields by 44% since the two were separated in February.
Asset managers have advised mining companies to reign in the colossal salaries being awarded to chief executives.
Union leaders have warned that mine owners' handling of pay talks could provoke violence in Tuesday's strikes in the gold sector.
At least 1 600 jobs could be affected at Sibanye Gold as it restructures its support services, says the company.
Sibanye Gold says it will refuse to raise wages above the rate of inflation as gold producers and unions remain locked in talks over pay.
Goldfield's decision to spin its SA operations off and create Sibanye Gold appears to be paying off after it reported a 63% profit increase.
No surprises at the announcement of plans to cut 1â€‰100 positions.
Sibanye Gold says it will retrench 1 110 of its workers after its Beatrix West operations shut down earlier this year due to fire damage.
Sibanye Gold says it has started talks that may lead to job cuts at its Beatrix West operation after an underground fire hit output and revenue.
Gold Fields will list most of its local assets as a separate company, testing investor appetite for a mining industry battered by labour unrest.