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(Kitco News) - Sibanye-Stillwater (NYSE: SBSW) today advised of a tragic incident that occurred on Thursday, 13 April 2023, at its Burnstone project, located near the town of Balfour, South Africa, where a newly constructed surface waste rock conveyor collapsed.
In a statement, the company said that the collapse occurred while five contractor employees were installing a head pulley of the conveyor infrastructure.
"Tragically four persons were fatally injured, while a fifth person sustained serious injuries and is currently receiving treatment," the company added. "The board and management of Sibanye-Stillwater extends their sincere condolences to the family, friends and colleagues of the deceased."
Sibanye-Stillwater also noted that a full investigation into the exact cause of the incident is underway and all relevant stakeholders have been informed.
Sibanye-Stillwater is a multinational mining and metals processing group. The company is one of the world's largest primary producers of platinum, palladium, and rhodium and is also a top tier gold producer. It produces and refines iridium and ruthenium, nickel, chrome, copper and cobalt.
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