Sibanye Stillwater Limited
Exhibit 99.1
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
(“Sibanye-Stillwater”, ”the Company” and/or “the Group”)
Registered Address:
Constantia Office Park
Bridgeview House • Building 11 • Ground Floor
Cnr 14th Avenue & Hendrik Potgieter Road
Weltevreden Park • 1709
Postal Address:
Private Bag X5 • Westonaria • 1780
Tel +27 11 278 9600 • Fax +27 11 278 9863
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
(“Sibanye-Stillwater”, ”the Company” and/or “the Group”)
Registered Address:
Constantia Office Park
Bridgeview House • Building 11 • Ground Floor
Cnr 14th Avenue & Hendrik Potgieter Road
Weltevreden Park • 1709
Postal Address:
Private Bag X5 • Westonaria • 1780
Tel +27 11 278 9600 • Fax +27 11 278 9863
Website: www.sibanyestillwater.com
MARKET RELEASE
Publication of Broad-based black economic empowerment annual compliance report
Shareholders are advised that in accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of
the JSE Listings Requirements, the Group’s updated annual compliance report in terms of section 13G (2)
of the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and
is available on the Group’s website at
https://www.sibanyestillwater.com/news-investors/reports/regulatory/2020/.
The Group is pleased to advise shareholders that consistent with its commitment to continuous
improvement, it has improved its B-BBEE rating from a level 7 to a level 6 under the Codes of Good
Practice on Black Economic Empowerment gazetted on 11 October 2013.
Ends.
Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
the JSE Listings Requirements, the Group’s updated annual compliance report in terms of section 13G (2)
of the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and
is available on the Group’s website at
https://www.sibanyestillwater.com/news-investors/reports/regulatory/2020/.
The Group is pleased to advise shareholders that consistent with its commitment to continuous
improvement, it has improved its B-BBEE rating from a level 7 to a level 6 under the Codes of Good
Practice on Black Economic Empowerment gazetted on 11 October 2013.
Ends.
Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
Johannesburg, 8 September 2020.
Ends.
Johannesburg, 8 September 2020.
Ends.
FORWARD LOOKING STATEMENTS
The information in this announcement may contain forward-looking statements within the meaning of the “safe harbour”
provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements, including,
among others, those relating to Sibanye Stillwater Limited’s (“Sibanye-Stillwater” or the “Group”) financial positions, business
strategies, plans and objectives of management for future operations, are necessarily estimates reflecting the best judgment of
the senior management and directors of Sibanye-Stillwater.
All statements other than statements of historical facts included in this announcement may be forward-looking statements.
Forward-looking statements also often use words such as “will”, “forecast”, “potential”, “estimate”, “expect” and words of similar
meaning. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and
circumstances and should be considered in light of various important factors, including those set forth in this disclaimer. Readers
are cautioned not to place undue reliance on such statements.
The important factors that could cause Sibanye-Stillwater’s actual results, performance or achievements to differ materially from
those in the forward-looking statements include, among others, our future business prospects; financial positions; debt position
and our ability to reduce debt leverage; business, political and social conditions in the United States, South Africa, Zimbabwe
and elsewhere; plans and objectives of management for future operations; our ability to obtain the benefits of any streaming
arrangements or pipeline financing; our ability to service our bond instruments; changes in assumptions underlying Sibanye-
Stillwater’s estimation of their current mineral reserves and resources; the ability to achieve anticipated efficiencies and other
cost savings in connection with past, ongoing and future acquisitions, as well as at existing operations; our ability to achieve
steady state production at the Blitz project; the success of Sibanye-Stillwater’s business strategy; exploration and development
activities; the ability of Sibanye-Stillwater to comply with requirements that they operate in a sustainable manner; changes in
the market price of gold, PGMs and/or uranium; the occurrence of hazards associated with underground and surface gold,
PGMs and uranium mining; the occurrence of labour disruptions and industrial action; the availability, terms and deployment of
capital or credit; changes in relevant government regulations, particularly environmental, tax, health and safety regulations and
new legislation affecting water, mining, mineral rights and business ownership, including any interpretations thereof which may
be subject to dispute; the outcome and consequence of any potential or pending litigation or regulatory proceedings or other
environmental, health and safety issues; power disruptions, constraints and cost increases; supply chain shortages and increases
in the price of production inputs; fluctuations in exchange rates, currency devaluations, inflation and other macro-economic
monetary policies; the occurrence of temporary stoppages of mines for safety incidents and unplanned maintenance; the
ability to hire and retain senior management or sufficient technically skilled employees, as well as their ability to achieve sufficient
representation of historically disadvantaged South Africans in management positions; failure of information technology and
communications systems; the adequacy of insurance coverage; any social unrest, sickness or natural or man-made disaster at
informal settlements in the vicinity of some of Sibanye-Stillwater’s operations; and the impact of HIV, tuberculosis and the spread
of other contagious diseases, such as coronavirus (“COVID-19”). Further details of potential risks and uncertainties affecting
Sibanye-Stillwater are described in Sibanye-Stillwater’s filings with the Johannesburg Stock Exchange and the United States
Securities and Exchange Commission.
These forward-looking statements speak only as of the date of the content. Sibanye-Stillwater expressly disclaims any obligation
or undertaking to update or revise any forward-looking statement (except to the extent legally required).
provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements, including,
among others, those relating to Sibanye Stillwater Limited’s (“Sibanye-Stillwater” or the “Group”) financial positions, business
strategies, plans and objectives of management for future operations, are necessarily estimates reflecting the best judgment of
the senior management and directors of Sibanye-Stillwater.
All statements other than statements of historical facts included in this announcement may be forward-looking statements.
Forward-looking statements also often use words such as “will”, “forecast”, “potential”, “estimate”, “expect” and words of similar
meaning. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and
circumstances and should be considered in light of various important factors, including those set forth in this disclaimer. Readers
are cautioned not to place undue reliance on such statements.
The important factors that could cause Sibanye-Stillwater’s actual results, performance or achievements to differ materially from
those in the forward-looking statements include, among others, our future business prospects; financial positions; debt position
and our ability to reduce debt leverage; business, political and social conditions in the United States, South Africa, Zimbabwe
and elsewhere; plans and objectives of management for future operations; our ability to obtain the benefits of any streaming
arrangements or pipeline financing; our ability to service our bond instruments; changes in assumptions underlying Sibanye-
Stillwater’s estimation of their current mineral reserves and resources; the ability to achieve anticipated efficiencies and other
cost savings in connection with past, ongoing and future acquisitions, as well as at existing operations; our ability to achieve
steady state production at the Blitz project; the success of Sibanye-Stillwater’s business strategy; exploration and development
activities; the ability of Sibanye-Stillwater to comply with requirements that they operate in a sustainable manner; changes in
the market price of gold, PGMs and/or uranium; the occurrence of hazards associated with underground and surface gold,
PGMs and uranium mining; the occurrence of labour disruptions and industrial action; the availability, terms and deployment of
capital or credit; changes in relevant government regulations, particularly environmental, tax, health and safety regulations and
new legislation affecting water, mining, mineral rights and business ownership, including any interpretations thereof which may
be subject to dispute; the outcome and consequence of any potential or pending litigation or regulatory proceedings or other
environmental, health and safety issues; power disruptions, constraints and cost increases; supply chain shortages and increases
in the price of production inputs; fluctuations in exchange rates, currency devaluations, inflation and other macro-economic
monetary policies; the occurrence of temporary stoppages of mines for safety incidents and unplanned maintenance; the
ability to hire and retain senior management or sufficient technically skilled employees, as well as their ability to achieve sufficient
representation of historically disadvantaged South Africans in management positions; failure of information technology and
communications systems; the adequacy of insurance coverage; any social unrest, sickness or natural or man-made disaster at
informal settlements in the vicinity of some of Sibanye-Stillwater’s operations; and the impact of HIV, tuberculosis and the spread
of other contagious diseases, such as coronavirus (“COVID-19”). Further details of potential risks and uncertainties affecting
Sibanye-Stillwater are described in Sibanye-Stillwater’s filings with the Johannesburg Stock Exchange and the United States
Securities and Exchange Commission.
These forward-looking statements speak only as of the date of the content. Sibanye-Stillwater expressly disclaims any obligation
or undertaking to update or revise any forward-looking statement (except to the extent legally required).