Sibanye Stillwater is trading 4.31% down now at ZAc 5037.00 after announcing restructuring consultations for the Kwezi platinum-group-metals shaft in Rustenburg.
- The Section 189A process could affect 781 employees and 333 contractors as the shaft approaches the end of its economic life.
- Potential job losses and expected deterioration in Kwezi’s economics appear to be the clearest company-specific catalyst for the September 10, 2026 decline.
- Consultations are ongoing, and no final closure or retrenchment decision has been made.