www.sibanyestillwater.com
MARKET RELEASE
Sibanye-Stillwater receives notice for Secondary strike from AMCU
Johannesburg, 15 January 2019: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) confirms that it has
received notice from the Association of Mineworkers and Construction Union (AMCU), that it intends to
embark on a secondary, protected strike at Sibanye-Stillwater’s South African Platinum Group Metals
(PGM) operations, starting from morning shift on Tuesday, 22 January 2019.
In terms of the Labour Relations Act (LRA), Act 66 of 1995, secondary strikes are permissible in support of
a protected strike, but within constrained parameters and such strikes are not automatically lawful or
reasonable and as such legal advice will be sought. The secondary strike called by AMCU is in support of
the ongoing strike at the gold operations, which commenced on 21 November 2018.
Sibanye-Stillwater CEO Neal Froneman commenting on notification from AMCU said: “Although not
surprising, the notice for a secondary strike at our South African PGM operations in Rustenburg is
disappointing, as all stakeholders will be negatively affected, but more so those employees who will be
exposed to the no work, no pay principle. Our South African PGM operations have been preparing for
this outcome and as such have strike contingency plans in place to minimize the possible impact of a
strike and our US PGM operations with their high exposure to a rampant palladium price continue to
provide welcome diversification and support through the strike. We reiterate that the wage agreement
we reached with the unions representing the majority of our employees employed at our gold operations
is fair and final and will not be amended by AMCU’s demands or threats.”
Sibanye-Stillwater currently employs approximately 17,400 people at its SA PGM operations, with AMCU
representing approximately 56% of the employees at the Kroondal operations and 71% of the Rustenburg
operations’ employees.
Ends.
Sibanye-Stillwater Investor relations contact:
James Wellsted
Head of Investor Relations
Email:
ir@sibanyestillwater.com
+27 (0) 83 453 4014
Sponsor: J.P. Morgan Equities South Africa (Proprietary) Limited
Sibanye Gold Limited
Trading as Sibanye-Stillwater
Reg. 2002/031431/06
Incorporated in the Republic of South Africa
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye-Stillwater”,”the Company” and/or “the Group”)
Business Address:
Libanon Business Park
1 Hospital Street
(Off Cedar Ave)
Libanon, Westonaria, 1780
Postal Address:
Private Bag X5
Westonaria, 1780
Tel +27 11 278 9600
Fax +27 11 278 9863