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NUM Declares Industry Wide Strike
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”)
NUM Declares Industry Wide Strike
Westonaria, 2 September 2013: Sibanye Gold (JSE: SGL & NYSE:
SBGL) advises stakeholders that the National Union of Mineworkers
(NUM) has given notice that it will commence with an industry
wide strike, starting with the night shift on Tuesday 03
September 2013.
The planned industrial action follows a dispute declared by NUM
on 27 August 2013, after the parties to the gold sector wage
negotiations were unable to reach agreement.
The Company has, since February this year, prepared contingency
plans which should limit potential losses during strike related
production disruptions and has ensured that it has sufficient
financial flexibility to endure an extended strike.
While the impact of the industrial action cannot be predicted as
yet, stakeholders will continue to be kept informed of further
developments.
ENDS
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: 02/09/2013 04:34:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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