Wrap Text
Sibanye-Stillwater Mineral Resources and Mineral Reserves – Competent Persons relationships
Sibanye Gold Limited
Trading as Sibanye-Stillwater
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SSW
ISIN – ZAE000259701
Issuer code: SSW
(“Sibanye-Stillwater” or “the Group” or “the Company”)
Sibanye-Stillwater Mineral Resources and Mineral Reserves – Competent Persons
relationships
Johannesburg, 20 February 2020: Sibanye-Stillwater (Tickers JSE: SSW and NYSE:
SBGL) is pleased to provide the following information clarifying the
relationships with the Competent Persons, relating to its 31 December 2019 Mineral
Resources and Mineral Reserves as released on 18 February 2020.
• For the United States Region operations, the lead Competent Person designated
in terms of the SAMREC Code, who takes responsibility for the reporting of the
Stillwater and East Boulder Mineral Resources and Mineral Reserves, is Brent
LaMoure. Brent is a former permanent employee of Sibanye-Stillwater and is
currently a Contract Ore Reserve Manager to the company.
• For the Mineral Resource estimation of the projects in the Americas’, the
Competent Persons are Stanford Foy (Altar and Rio Grande) and Rodney N Thomas
(Marathon). Stan is a former Sibanye-Stillwater employee, a current full-time
employee of Aldebaran Resources Inc. and a consultant to Sibanye-Stillwater.
Rodney is a full-time employee of; and the designated Competent Person for
Generation Mining Limited.
• For the Southern African Platinum operations, the lead Competent Person
designated in terms of the SAMREC Code, who takes responsibility for the
reporting of the SA Platinum operations Mineral Resources and Mineral Reserves,
is Andrew Brown. Andrew is a full-time, permanent employee of Sibanye-
Stillwater.
• For the Southern African Gold operations, the lead Competent Person designated
in terms of the SAMREC Code, with responsibility for the reporting of the SA
Gold Operations Mineral Resources and Mineral Reserves, is Gerhard Janse van
Vuuren. Gerhard is a full-time, permanent employee of Sibanye-Stillwater.
• For the DRDGOLD, the company was reliant on external Competent Persons as
follows: For the ERGO Mineral Resources the Competent Person designated in
terms of SAMREC is Mr M Mudau, the Resource Geology Manager at the RVN Group.
The Competent Person designated in terms of SAMREC who takes responsibility
for the reporting of the surface Mineral Reserves, is Professor S Rupprecht,
Principal Mining Engineer of the RVN Group. The Competent Person designated
in terms of SAMREC who takes responsibility for the reporting of the Mineral
Reserves for the Far West Gold Recoveries operation, is Mr Vaughn Duke of
Sound Mining Proprietary Limited.
Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
Ends.
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FORWARD LOOKING STATEMENTS
This announcement includes “forward-looking statements” within the meaning of
the “safe harbour” provisions of the United States Private Securities Litigation
Reform Act of 1995. Forward-looking statements may be identified by the use of
words such as “target”, “will”, “forecast”, “expect”, “potential”, “intend”,
“estimate”, “anticipate”, “can” and other similar expressions that predict or
indicate future events or trends or that are not statements of historical matters.
The forward-looking statements set out in this announcement involve a number of
known and unknown risks, uncertainties and other factors, many of which are
difficult to predict and generally beyond the control of Sibanye-Stillwater, that
could cause Sibanye-Stillwater’s actual results and outcomes to be materially
different from historical results or from any future results expressed or implied
by such forward-looking statements. These forward-looking statements speak only
as of the date of this announcement. Sibanye-Stillwater 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 announcement or to
reflect the occurrence of unanticipated events, save as required by applicable
law.
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Date: 20-02-2020 04:12:00
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