Sibanye halts production at Rustenburg shaft after damage
Sibanye Stillwater on Wednesday said it has suspended production at its Siphumelele shaft in Rustenburg, which accounts for nearly 4% of its South African platinum group metal output, after an accident damaged surface infrastructure.
The diversified miner said in a statement no injuries were reported from the Feb. 29 incident when an ore collector bin attached to the shaft headgear collapsed to ground, damaging a surface ore conveyor belt system.
The damage to the ore collector bin and collapse of the conveyor system had resulted in the suspension of production from the shaft, Sibanye said.
Investigations into the cause of the incident were underway, while its impact on annual production from the Siphumelele shaft is being assessed, it added.
The shaft was forecast to produce an average of 54,000 platinum group metal ounces in 2024, approximately 3.5% of Sibanye’s annual output from its South African PGM mines.
(By Nelson Banya; Editing by Louise Heavens)
More News
KGHM fourth-quarter net result swings to profit
Poland's biggest copper miner posted on Wednesday a net profit of 1.56 billion zlotys.
March 26, 2025 | 11:21 am
Thor Explorations rises on dispute win in Nigeria
Nigeria's Osun state, where the company's flagship gold mine is situated, previously accused it of evading millions of dollars in taxes and conducting business unethically.
March 26, 2025 | 10:00 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
2 Comments
Richard Gundersen
It is bad form to use a photograph of another mining company’s headgear for such an unfortunate incident. The headgear shown belongs to Impala Platinum
Amanda Stutt
Thank you for flagging this Richard, the image has been updated.
Best,
Amanda