Powered by

-Sibanye-Stillwater enters Section 189 consultation with stakeholders at its Marikana operation and associated services

Sep 26, 2019 - ENP Newswire
Mergers and Acquisitions

Johannesburg - Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) advises that it will enter into consultation with relevant stakeholders in terms of Section 189A (S189 process) of the Labour Relations Act, 66 of 1995 (LRA), regarding the restructuring of its Marikana operation and associated services (the 'Marikana operation' (previously 'Lonmin')).

This is pursuant to ongoing financial losses experienced at these operations with certain shafts having reached the end of their eco...