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Sibanye-Stillwater resumes production at Stillwater West following remediation of shaft infrastructure

Kitco Media
By Vladimir Basov
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Updated
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(Kitco News) - Sibanye-Stillwater (NYSE: SBSW) announced today that it recommissioned the vertical shaft at its Stillwater West mine in Montana on 16 April 2023, following remediation of shaft infrastructure which was damaged during an incident in March 2023.

The company said that production from the deeper levels (below 50 level) at the Stillwater West mine has resumed and will build up over a two-week period and expected to be at normalized levels by end of April 2023.

Importantly, the company noted that the suspension of production below 50 level during the remediation and build-up of production is expected to reduce production from the Stillwater West mine by approximately 30,000 2Eoz.

“As previously announced, access to the upper levels (above 50 level) of the Stillwater West mine and the Stillwater East mine (through the east portal) was not affected by the incident and production from these areas, as well as from the East Boulder mine, continued during the remediation,” the company said in a press release.

On March 13, 2023, Sibanye-Stillwater reported that an incident occurred at Stillwater West during scheduled non-routine maintenance on the winder which services the vertical shaft accessing the deeper levels of the Stillwater West mine.

In a statement, the company said that this incident resulted in “structural damage to the shaft headgear, winder house and winder rope,” adding that there were no injuries to personnel.

Sibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. The group is also one of the foremost global recyclers of PGM autocatalysts and has interests in leading mine tailings retreatment operations.

Sibanye-Stillwater has established itself as one of the world’s largest primary producers of platinum, palladium, and rhodium and is a top tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper and cobalt.

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Kitco Media

Vladimir Basov

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

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