Century operations have been suspended due to the impact of a regional bushfire

The safety and well-being of our employees and contractors is our foremost priority and we are pleased to report that all personnel are safe and accounted for.  Our operational teams have been unwavering in their efforts to help manage the bushfire at the Century operation and the neighbouring areas.

While the operations team has been able to protect the primary infrastructure at the Century operation (processing plant, hydro mine, airport, underground slurry pipeline and camp), there has been extensive loss of surface piping infrastructure, including the feed and water lines that connect the hydro mine to the processing plant and other key service lines. Suppliers have been contacted and orders for replacement piping have been placed. Due to the amount of piping required, operations are expected to remain suspended until 16 November 2024. As a result, we anticipate production of zinc metal for Q4 2024 to be approximately 9,680 payable tonnes less than forecast.

CEO, Neal Froneman, commented: “This incident once more highlights the threat posed by climate change, leading to significant harm from extreme weather-related events worldwide. This affirms our purpose of “safeguarding global sustainability through our metals” and the critical importance of resource stewardship and optimising scarce resources, including through reprocessing of legacy tailings facilities as is done by the Century operations. This setback is unfortunate considering the Century operation had recovered well after heavy rains affected Q1 2024.”

About Sibanye-Stillwater

Sibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. The Group is also one of the foremost global recyclers of PGM autocatalysts and has interests in leading mine tailings retreatment operations.

Sibanye-Stillwater is one of the world’s largest primary producers of platinum, palladium, and rhodium and is a top tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper and cobalt. The Group has recently begun to diversify its asset portfolio into battery metals mining and processing and increase its presence in the circular economy by growing its recycling and tailings reprocessing exposure globally. For more information refer to www.sibanyestillwater.com.

Investor relations contact:Email: ir@sibanyestillwater.comJames Wellsted,Executive Vice President: Investor Relations and Corporate AffairsTel: +27 (0) 83 453 4014Website: www.sibanyestillwater.com LinkedIn: https://www.linkedin.com/company/sibanye-stillwaterFacebook: https://www.facebook.com/SibanyeStillwater   YouTube: https://www.youtube.com/@sibanyestillwater/videosX: https://twitter.com/SIBSTILLSponsor: J.P. Morgan Equities South Africa Proprietary Limited 

In Europe:

Swiss Resource Capital AG
Jochen Staiger & Marc Ollinger
info@resource-capital.ch
www.resource-capital.ch

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