Mining
Posted By OrePulse
Published: 05 Sep, 2024 08:10
Sibanye-Stillwater achieves level 4 Broad-based black economic empowerment accreditation
Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) advises shareholders that in accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Group’s updated annual compliance report in terms of Section 13G (2) of the Broad-Based Black Economic Empowerment (B-BBBEE) Act 2003 was issued on 30 August 2024
Sibanye-Stillwater’s B-BBEE rating has improved from Level 6 to Level 4 year-on-year, reflecting significant progress from its Level 8 status in 2021. This annual compliance report, prepared under Section 13G (2) of the B-BBEE Act, is required by the JSE for all listed companies.
CEO, Neal Froneman commented: “Reaching a level 4 Broad-based black economic empowerment accreditation is pleasing and is recognition of both our journey of transformation and delivering on our vision to create superior shared value for all our stakeholders.”
Related Articles
Gold mining company Gold Fields moves to AWS...
04 Sep, 2024 06:28
Taking African mining organizations to Net Zero: D...
04 Sep, 2024 07:46
S.Africa's ARM pivots to chrome and copper after p...
06 Sep, 2024 12:49
Harmony Gold expects costs to jump after surge in ...
06 Sep, 2024 13:04
Mali: New Mining Code to Apply to Allied Gold’s Sa...
06 Sep, 2024 13:16
Uganda targets tenfold GDP growth riding on mining...
09 Sep, 2024 07:22
Newcore Gold Announces Upsize of Private Placement...
09 Sep, 2024 08:12
WIA joins West African gold chorus line with new b...
09 Sep, 2024 08:21
Africa’s top gold producer opens first plant to re...
09 Sep, 2024 08:34
Roscan Gold Announces Extension to Promissory Note...
09 Sep, 2024 08:36Trending News
Precious Metals
Lucara closes $350m bond financing for Karowe underground expansion...
31 Mar, 2026 08:26
71 min read