Sibanye-Stillwater operations affected by Queensland bushfire
JSE- and NYSE-listed Sibanye-Stillwater announced on Friday that it had suspended operations at its Century operation in Queensland, owing to a regional bushfire. The company confirmed that all personnel were safe and accounted for.
In a statement, the company highlighted the efforts of operational teams in managing the bushfire. While they have been able to protect the primary infrastructure, including the processing plant, hydro mine, airport, underground slurry pipeline, and accommodation camp, extensive damage has been reported to the surface piping infrastructure, particularly the feed and water lines connecting the hydro mine to the processing plant.
Sibanye-Stillwater said that it had placed orders for replacement piping, but that operations were expected to remain suspended until November 16.
The disruption will reduce zinc metal production by about 9 680 t for the fourth quarter of 2024, compared with earlier forecasts.
"This setback is unfortunate considering the Century operation had recovered well after the effect of heavy rains in the first quarter of 2024,” said CEO Neal Froneman.
"This incident once more highlights the threat posed by climate change, leading to significant harm from extreme weather-related events worldwide. This affirms our purpose of ‘safeguarding global sustainability through our metals’ and the critical importance of resource stewardship and optimising scarce resources, including through reprocessing of legacy tailings facilities as is done by the Century operations."
Sibanye-Stillwater is monitoring the situation, prioritising the safety of its personnel while preparing for a return to full operational capacity.
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