Kitco News - Sibanye-Stillwater (JSE: SSW) reported today damage to its Siphumelele shaft, SA PGM operations in Rustenburg, has resulted in suspension of production from the shaft.
An ore collector bin attached to the shaft headgear sheared off and fell to ground, damaging a surface ore conveyor belt system. There were no injuries as a result of the incident.
The Siphumelele shaft was forecast to produce an average of approximately 4,500 4Eoz per month or 54,000 4Eoz for 2024, which accounts for approximately 3.5% of annual production from the SA PGM operations