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                              October 5, 2023

       Charl Keyter
       Chief Financial Officer
       Sibanye Stillwater Limited
       Constantia Office Park
       Bridgeview House, Building 11, Ground Floor
       Cnr 14th Avenue & Hendrik, Potgieter Road
       Weltevreden Park, 1709
       South Africa

                                                        Re: Sibanye Stillwater
Limited
                                                            Form 20-F for the
Fiscal Year ended December 31, 2022
                                                            Filed April 24,
2023
                                                            File No. 333-234096

       Dear Charl Keyter:

              We have reviewed your September 28, 2023 response to our comment
letter and have the
       following comments.

              Please respond to this letter within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe a
       comment applies to your facts and circumstances, please tell us why in
your response.

              After reviewing your response to this letter, we may have
additional comments. Unless
       we note otherwise, any references to prior comments are to comments in
our August 23,
       2023 letter.

       Form 20-F for the Fiscal Year ended December 31, 2022

       Exhibits, page 64

   1.                                                   We understand from your
response to prior comments that you prefer to limit compliance
                                                        to future filings of
the annual report and future filings of the technical report summaries.

                                                        However, we believe
that you should obtain and file revised technical report summaries in
                                                        an amendment to the
Form 20-F that is currently under review or no later than when
                                                        filing your 2023 annual
report on Form 20-F if you are able to support a delay based on
                                                        materiality. Please
clarify your response relative to this timeframe.
 Charl Keyter
Sibanye Stillwater Limited
October 5, 2023
Page 2
96.7 Technical Report Summary of Keliber Lithium Project, page 65

2.       We note your response to prior comment 6 appears to be limited to
proposed revisions that
         would reference a 2021 Wood Mackenzie report and a March 2022
Fastmarkets report,
         though without providing the content pertaining to market studies that
is prescribed by
         Item 601(b)(96)(iii)(B)(16) of Regulation S-K.

         The technical report summary should include a detailed description of
the commodity
         pricing and demand for the 4.5% spodumene concentrate along with any
details that are
         necessary to support the volumes of product and pricing used in the
cash flow analysis.

         Please further discuss these requirements with the qualified persons
involved in preparing
         the report and arrange to obtain and submit the revisions that are
proposed.

        Please contact John Coleman, Mining Engineer, at 202-551-3610 or Karl
Hiller, Branch
Chief, at 202-551-3686 if you have questions regarding comments.



FirstName LastNameCharl Keyter                                Sincerely,
Comapany NameSibanye Stillwater Limited
                                                              Division of
Corporation Finance
October 5, 2023 Page 2                                        Office of Energy
& Transportation
FirstName LastName