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SIBANYE GOLD LIMITED - Neal Froneman elected as Mines and Money CEO of 2015

Release Date: 04/12/2015 13:45
Code(s): SGL     PDF:  
Wrap Text
Neal Froneman elected as Mines and Money CEO of 2015

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”)

NEAL FRONEMAN ELECTED AS MINES AND MONEY CEO OF 2015
Westonaria, 4 December 2015: Sibanye (JSE: SGL & NYSE: SBGL)is
pleased to report that its CEO Neal Froneman has been voted as
“CEO of the year” at the 13th annual Mines and Money London
conference.

With a 13 year history, Mines and Money London is Europe’s
largest mining investment conference and exhibition, bringing
together over 2,500 attendees from 75 countries. The Mines and
Money advisory panel, which selected Neal, is comprised of a
number of highly regarded global mining industry leaders and
pundits.

On accepting his award, Froneman said: “It is a great honour for
me to accept this prestigious award on behalf of the Sibanye
team, that I have the pleasure of leading. Sibanye’s senior
management team has the capacity and competence to have driven
Sibanye’s transformation. I am immensely proud to have been at
the helm of Sibanye as we have developed and progressed our
strategy”.

ENDS


Contact

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

Sponsor

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

FORWARD LOOKING STATEMENTS
Certain statements in this document constitute “forward-looking
statements” within the meaning of Section 27A of the US
Securities Act of 1933 and Section 21E of the US Securities
Exchange Act of 1934.
These forward-looking statements, including, among others, those
relating to Sibanye’s future business prospects, revenues and
income, wherever they may occur in this document and the exhibits
to this document, are necessarily estimates reflecting the best
judgment of the senior management and directors of Sibanye, and
involve a number of known and unknown risks and uncertainties
that could cause actual results, performance or achievements of
the Group to differ materially from those suggested by the
forward-looking statements. As a consequence, these forward-
looking statements should be considered in light of various
important factors, including those set forth in this document.
Important factors that could cause the actual results to differ
materially from estimates or projections contained in the
forward-looking statements include, without limitation, economic,
business, political and social conditions in South Africa,
Zimbabwe and elsewhere; changes in assumptions underlying
Sibanye’s estimation of its current Mineral Reserves and
Resources; the ability to achieve anticipated efficiencies and
other   cost   savings   in  connection   with  past   and   future
acquisitions, as well as existing operations; the success of
Sibanye’s    business   strategy,   exploration   and   development
activities; the ability of Sibanye to comply with requirements
that it operate in a sustainable manner; changes in the market
price of gold, platinum group metals (“PGMs”) and/or uranium; the
occurrence of hazards associated with underground and surface
gold, PGMs and uranium mining; the occurrence of labour
disruptions and industrial action; the availability, terms and
deployment    of  capital   or   credit;  changes   in   government
regulations, particularly environmental regulations and new
legislation affecting water, mining, mineral rights and business
ownership, including any interpretations thereof which may be
subject to dispute; the outcome and consequence of any potential
or pending litigation or regulatory proceedings or other
environmental, health and safety issues; power disruptions,
constraints and cost increases; supply chain shortages and
increases in the price of production inputs; fluctuations in
exchange rates, currency devaluations, inflation and other macro-
economic monetary policies; the occurrence of temporary stoppages
of mines for safety incidents and unplanned maintenance;
Sibanye’s ability to hire and retain senior management or
sufficient technically skilled employees, as well as its ability
to    achieve    sufficient    representation    of    historically
disadvantaged South Africans’ in its management positions;
failure of Sibanye’s information technology and communications
systems; the adequacy of Sibanye’s insurance coverage; any social
unrest, sickness or natural or man-made disaster at informal
settlements in the vicinity of some of Sibanye’s operations; and
the impact of HIV, tuberculosis and other contagious diseases.
These forward-looking statements speak only as of the date of
this document.
The Group undertakes no obligation to update publicly or release
any revisions to these forward-looking statements to reflect
events or circumstances after the date of this document or to
reflect the occurrence of unanticipated events.

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