To view the PDF file, sign up for a MySharenet subscription.

SIBANYE GOLD LIMITED - Sibanye Gold Enters into Section 189 Consultation Regarding Possible Restructuring of its Group Support Services

Release Date: 15/08/2013 13:48
Code(s): SGL     PDF:  
Wrap Text
Sibanye Gold Enters into Section 189 Consultation Regarding Possible Restructuring of its Group Support Services

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” or “the Company”)


Sibanye Gold Enters into Section 189 Consultation Regarding
Possible Restructuring of its Group Support Services


Westonaria, 15 August 2013: Sibanye Gold Limited (JSE: SGL & NYSE:
SBGL) wishes to advise shareholders that a consultation process in
terms of section 189A of the Labour Relations Act, 66 of 1995
("LRA") will be entered into with organised labour and other
relevant stakeholders regarding a planned alignment of its
corporate and support services to meet the service requirements
of its underground and metallurgical production units.

Sibanye Gold has undertaken a thorough review of its entire
business with a focus on extending the productive lives of its
operations and ensuring sustainability.

As this could result in jobs being affected, Sibanye Gold will
consult with organised labour and other affected parties in order
to explore its options.


Contact

James Wellsted
Head of Corporate Affairs
Sibanye Gold Limited
+27 83 453 4014
james.wellsted@sibanyegold.co.za

Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd

Date: 15/08/2013 01:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story