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Mines in South Africa may not go into full stream after lifting of lockdown

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·        Sibanye-Stillwater, the largest mine in Soiuth Africa may not
return to 100% production even after  restrictions are eased, its CEO
Neal Froneman  said.

·        The mine has already adopted several  safety protocols
including quarantine facilities for workers, which is of the same
standard internationally adopted.  Mines in SA are  mandated  to
follow newly published Covid-19 safety guidelines.

Sibanye-Stillwater, the largest mine in South Africa may not return to
100% production even after  restrictions are eased, its CEO Neal
Froneman  said. The mine  will only ramp up to full capacity only
after  safety protocols have been fully observed.

South Africa is now gearing  up for a shift to Level 3 of lockdown.
This will bring a further easing of restrictions. Following the easing
of lockdown regulations, several mines reported higher infections.  It
is believed that the virus would become unmanageable in mine
conditions and arresting the spread of the pandemic would become more
challenging.

The mine has already adopted several  safety protocols including
quarantine facilities for workers, which is of the same standard
internationally adopted.  Mines in SA are  mandated  to follow newly
published Covid-19 safety guidelines.   They outline a range of
measures  to be adhered to by companies in order to protect employees
from the deadly virus. Sibanye-Stillwater also operates gold
companies.  Froneman said although the company had performed well in
the first quarter, the second quarter is likely to be impacted by the
current conditions.

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