OTHER

Sibanye-Stillwater refutes COVID-19 'hoax'

Says no confirmed cases at its operations

Staff reporter

This article is 4 years old. Images might not display.

"Sibanye-Stillwater confirms that there are currently no confirmed cases of COVID-19 at any of its operations and has confirmed with news agency that the story is FAKE," the miner said on the weekend.

"This a malicious and disingenuous hoax and could potentially have far-reaching and damaging consequences for the company, the mining industry and the country.

"Sibanye-Stillwater views this in an extremely serious light and will pursue legal action when the source of the hoax is traced."

The Minerals Council South Africa also condemned the false report on Sunday.

It said it would provide a daily update on its website "if and when" incidents of COVID-19 were confirmed at members' operations.

South Africa had 240 confirmed cases of COVID-19 according to the World Health Organisation on Sunday, with the global tally jumping by 26,069 in 24 hours to 292,142.

Miners and exploration companies around the world are being impacted by the pandemic, with operations now also scaling back in Argentina as the country declared a lockdown and companies sending staff to work from home where possible - either as a precautionary measure or after an employee has been diagnosed with the virus.

Sibanye-Stillwater's Marikana platinum group metals operations are about 40km east of Rustenburg and were acquired in its 2019 Lonmin acquisition.

The miner had said last week it had reached agreement in principle to provide processing capacity for Anglo American Platinum at Marikana, to offset Amplats' force majeure declared earlier this month. 

Shares in Sibanye-Stillwater had closed up more than 17% on Friday to capitalise it about ZAR51.8 billion (US$2.9 billion).

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.