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SIBANYE GOLD LIMITED - Immediate suspension of AMCU Industrial action

Release Date: 06/04/2016 16:14
Code(s): SGL     PDF:  
Wrap Text
Immediate suspension of AMCU Industrial action

Sibanye Gold Limited
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye Gold”, “Sibanye” or “the Company”)

IMMEDIATE SUSPENSION OF AMCU INDUSTRIAL ACTION AT SIBANYE GOLD
OPERATIONS
Westonaria, 6 April 2016: Sibanye (JSE: SGL AND NYSE: SBGL)
wishes to advise shareholders that it has entered into
discussions with leadership of the Association of Mineworkers and
Construction Union (AMCU), and AMCU has agreed to suspend any
industrial action at Sibanye’s operations, while engagement
continues with AMCU and other representative unions.

“As previously stated, management at Sibanye is committed to
ensuring that the interests of all stakeholders are considered
and protected, and that the viability and sustainability of our
business is maintained. We will continue to engage constructively
with AMCU leadership in an attempt to ensure a favourable outcome
for all stakeholders”, said Sibanye CEO, Neal Froneman.

Further information will be provided when available.


CONTACT

James Wellsted
SVP Investor Relations
Sibanye Gold Limited
+27 83 453 4014
james.wellsted@sibanyegold.co.za

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

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