• Floods commenced on Monday 13 June 2022
  • No injuries reported
  • Full assessment of flood impact to be undertaken once floodwaters subside

Harare- Leading international precious metals mining group, Sibanye Stillwater has advised that its United States platinum group metal (PGM) operations in Montana USA have been affected by a significant flood event which began yesterday.

The Group which also has operations in South Africa at Kroondal, Rustenburg and Marikana and Mimosa in Zimbabwe said the flooding of numerous rivers in the region, follows a warm spell that led to a rapid melt of accumulated snow in the mountains and associated runoff, which was exacerbated by heavy rainfall over the weekend.

However, the Group highlighted that there were no injuries reported as all employees at the affected Stillwater mine are safe.

“Several employees are at the Stillwater Mine site to maintain the integrity of the mine and to provide refuge and support for campers that are arriving from the nearby Woodbine campground. We will continue to support efforts to ensure the safety of all those at Woodbine and the surrounding area,” the Group said.

However, the Group noted that the road between Nye and the Stillwater mine has been eroded and several bridges in the region damaged and this is likely to restrict access to the Stillwater mine for some period that will be better known in the next few days.

According to the announcement, a full assessment of the regional impact of the floods and the impact on the operations will be undertaken once the floodwaters have subsided, likely within the next few days, and this will be communicated to the market in due course.

“Sibanye-Stillwater will be on hand to support ongoing rescue efforts and our thoughts and prayers are with our communities and our local emergency responders as they all work on this challenging situation,” the Group said.

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