These forward-looking statements, including, among others, those
relating to Sibanye’s future business prospects, revenues and income,
wherever they may occur in this document and the exhibits to this
document, are necessarily estimates reflecting the best judgment of the
senior management and directors of Sibanye, and involve a number of
known and unknown risks and uncertainties that could cause actual
results, performance or achievements of the Group to differ materially
from those suggested by the forward-looking statements. As a
consequence, these forward-looking statements should be considered in
light of various important factors, including those set forth in this
document. Important factors that could cause the actual results to
differ materially from estimates or projections contained in the
forward-looking statements include, without limitation: economic,
business, political and social conditions in South Africa, Zimbabwe and
elsewhere; changes in assumptions underlying Sibanye’s estimation of its
current Mineral Reserves and Resources; the ability to achieve
anticipated efficiencies and other cost savings in connection with past
and future acquisitions, as well as at existing operations; the ability
of Sibanye to successfully integrate acquired businesses and operations
(whether in the gold mining business or otherwise) into its existing
businesses; the success of Sibanye’s business strategy, exploration and
development activities; the ability of Sibanye to comply with
requirements that it operate in a sustainable manner; changes in the
market price of gold, platinum group metals (“PGMs”) and/or uranium; the
occurrence of hazards associated with underground and surface gold, PGMs
and uranium mining; the occurrence of labour disruptions and industrial
action; the availability, terms and deployment of capital or credit;
changes in relevant government regulations, particularly environmental,
tax health and safety regulations and new legislation affecting water,
mining, mineral rights and business ownership, including any
interpretations thereof which may be subject to dispute; the outcome and
consequence of any potential or pending litigation or regulatory
proceedings or other environmental, health and safety issues; power
disruptions, constraints and cost increases; supply chain shortages and
increases in the price of production inputs; fluctuations in exchange
rates, currency devaluations, inflation and other macro-economic
monetary policies; the occurrence of temporary stoppages of mines for
safety incidents and unplanned maintenance; Sibanye’s ability to hire
and retain senior management or sufficient technically skilled
employees, as well as its ability to achieve sufficient representation
of historically disadvantaged South Africans’ in its management
positions; failure of Sibanye’s information technology and
communications systems; the adequacy of Sibanye’s insurance coverage;
any social unrest, sickness or natural or man-made disaster at informal
settlements in the vicinity of some of Sibanye’s operations; and the
impact of HIV, tuberculosis and other contagious diseases. These
forward-looking statements speak only as of the date of this document.
The Group undertakes no obligation to update publicly or release any
revisions to these forward-looking statements to reflect events or
circumstances after the date of this document or to reflect the
occurrence of unanticipated events.