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Flood event in Montana affects the Stillwater mine, US PGM operations
Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
(“Sibanye-Stillwater” or “the Group” or “the Company”)
Website: www.sibanyestillwater.com
Flood event in Montana affects the Stillwater mine, US PGM operations
Johannesburg, 14 June 2022. Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW)
wishes to inform stakeholders of a significant flood event, which began on Monday 13
June 2022, and has affected a widespread region surrounding its US PGM operations in
Montana USA.
The flooding of numerous rivers in the region, follows a warm spell leading to a
rapid melt of accumulated snow in the mountains and associated runoff, which was
exacerbated by heavy rainfall over the weekend.
Thankfully, no injuries have been reported. All employees at the Stillwater mine, the
operation that has been most affected, are safe. A number of employees are at the
Stillwater Mine site to maintain the integrity of the mine, and to provide refuge and
support for campers that are arriving from the nearby Woodbine campground. We will
continue to support efforts to ensure the safety of all those at Woodbine and the
surrounding area.
The road between Nye and the Stillwater mine has been eroded and several bridges in
the region damaged. This is likely to restrict access to the Stillwater mine for some
period that will be better known in the next few days. The East Boulder mine is less
affected and access currently remains intact.
A full assessment of the regional impact of the floods and the impact on the operations
will be undertaken once the floodwaters have subsided, likely within the next few
days, and this will be communicated to the market in due course.
Sibanye-Stillwater will be on hand to support ongoing rescue efforts and our thoughts
and prayers are with our communities and our local emergency responders as they all
work on this challenging situation.
About Sibanye-Stillwater
Sibanye-Stillwater is a multinational mining and metals Group with a diverse portfolio of
mining and processing operations and projects and investments across five continents. The
Group is also one of the foremost global PGM autocatalytic recyclers and has interests in
leading mine tailings retreatment operations. For more information, visit our website at
www.sibanyestillwater.com
Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the “safe harbour”
provisions of the United States Private Securities Litigation Reform Act of 1995. All
statements other than statements of historical fact included in this announcement may be
forward-looking statements. Forward-looking statements may be identified by the use of words
such as “will”, “would”, “expect”, “forecast”, “potential”, “may”, “could”, “believe”, “aim”,
“anticipate”, “target”, “estimate” and words of similar meaning.
These forward-looking statements, including among others, those relating to Sibanye-Stillwater
Limited’s (“Sibanye-Stillwater”) future business prospects, financial positions, production
and operational guidance, climate and ESG-related statements, targets and metrics, plans and
objectives of management for future operations and ability to complete or successfully
integrate ongoing and future acquisitions, are necessarily estimates reflecting the best
judgement of Sibanye-Stillwater’s senior management. Readers are cautioned not to place undue
reliance on such statements. Forward-looking statements involve a number of known and unknown
risks, uncertainties and other factors, many of which are difficult to predict and generally
beyond the control of Sibanye-Stillwater that could cause its actual results and outcomes to
be materially different from historical results or from any future results expressed or
implied by such forward-looking statements. As a consequence, these forward-looking statements
should be considered in light of various important factors, including those set forth in
Sibanye-Stillwater’s 2021 Integrated Annual Report and annual report on Form 20-F filed with
the United States Securities and Exchange Commission on 22 April 2022 (SEC File no. 333-
234096). These forward-looking statements speak only as of the date of this announcement.
Sibanye-Stillwater expressly disclaims any obligation or undertaking to update or revise any
forward-looking statement (except to the extent legally required).
Date: 14-06-2022 08:16:00
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