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DMRE concerned about Sibanye-Stillwater retrenchments

Statement from the Department of Mineral Resources and Energy

It is disheartening, in these tough economic times, when the country is faced with increased unemployment to hear of potential job losses at Sibanye-Stillwater.

The company has announced its plan to undertake consultation with stakeholders regarding restructuring and possible retrenchments at its Marikana operation.

5,270 jobs to be cut at Sibanye-Stillwater

In line with Section 52 of the Mineral and Petroleum Resources Development Act (MPRDA), the Department urges all stakeholders to engage in good faith and explore all possible options to save jobs.

Furthermore, the Department implores stakeholders to act responsibly and with due care as they deal with this sensitive matter, which involves the livelihoods of employees and their immediate families.