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SIBANYE GOLD LIMITED - Sibanye appoints head of the United States (US) region

Release Date: 03/07/2017 15:42
Code(s): SGL     PDF:  
Wrap Text
Sibanye appoints head of the United States (“US”) region

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”, “the Company” and/or “the Group”)


Sibanye appoints head of the United States (“US”) region

Westonaria, 3 July 2017: Sibanye (Tickers JSE: SGL and NYSE: SBGL) is pleased to
announce that Chris Bateman has been appointed as Executive Vice President: US
Region. In addition to heading up the region and leading the team at the
Stillwater Operations, Chris will also join the Sibanye executive committee.

Chris Bateman has served as Chief Financial Officer at Stillwater Mining Company
since 2014. Prior to that, Chris worked for more than 18 years in the mining
industry, gaining broad and diverse experience in the platinum, palladium, copper,
uranium, diamonds and industrial minerals sectors. Prior to joining Stillwater
Chris served as Chief Financial Officer at Turquoise Hill, Rio Tinto Diamonds and
Minerals product group, Rio Tinto Iron and Titanium product group and Energy
Resources of Australia. He has served on the boards of Richards Bay Minerals in
South Africa, Oyu Tolgoi copper mine in Mongolia and QIT Madagascar Minerals in
Madagascar.

Outgoing CEO of Stillwater, Mick McMullen, will transition into the role of
Technical Advisor until year end, 2018, thereby ensuring management and operational
continuity and facilitating the integration of Stillwater into Sibanye. Under Mick
and Chris’ leadership, Stillwater significantly reduced costs through productivity
improvements and positioned itself as a leading global PGM producer. Sibanye, with
Stillwater enhancing its substantial South African PGM portfolio, is positioned to
play a leading role in the international PGM industry.

”We are delighted to welcome Chris as head of the US region. Chris’ extensive
industry knowledge and experience will strengthen the Sibanye executive team and
his collaborative leadership style and broad experience at executive level will
facilitate a smooth integration of Stillwater into the broader Sibanye Group.” Neal
Froneman, CEO of Sibanye said.

ENDS

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 Ltd



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
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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. In this
announcement, for example, statements related to expected timings of the Rights
Offer, are forward-looking statements. 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, that could cause Sibanye’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 presentation. Sibanye 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 presentation or to reflect
the occurrence of unanticipated events, save as required by applicable law.




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