Sibanye-Stillwater starts consultations on Kwezi shaft restructuring, 781 jobs at risk
Reuters2026/09/08 07:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Sibanye-Stillwater opened Section 189A labor consultations on restructuring its Kwezi shaft at the Rustenburg SA PGM operation.
- Process could affect about 781 employees, plus 333 contractor employees, with no final decision taken.
- Kwezi is nearing end of life as mining hits license-area limits; a shallow-reserves project stalled by objections and approval delays.
- Losses totaled about ZAR 208 million in 2024, ZAR 91 million in 2025; losses forecast in H2 2026 as output falls.
- H1 2026 production was 20,658 4E ounces, under 3% of managed and attributable SA PGM output of 734,645 4E ounces.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sibanye Stillwater Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S602871), on September 08, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Goldman Sachs reiterates Buy rating on Nestlé
格隆汇•2026/09/08 08:08
Indian Rupee: Stable range with shallow gains against US Dollar – DBS
FXStreet•2026/09/08 08:06

Silver Price Forecasts: XAG/USD holds around $66.00 buoyed by US Dollar weakness
FXStreet•2026/09/08 08:03
Crypto prices
MoreBitcoin
BTC
$78,399.87
-1.32%
Ethereum
ETH
$2,472.43
-0.72%
Tether USDt
USDT
$0.9997
-0.02%
BNB
BNB
$754.9
+1.50%
XRP
XRP
$1.39
-0.95%
USDC
USDC
$1.0000
-0.00%
Solana
SOL
$102.68
-1.71%
TRON
TRX
$0.3380
+0.46%
Hyperliquid
HYPE
$83.95
-2.89%
Zcash
ZEC
$1,122.06
-5.31%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now