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Sibanye-Stillwater faces US class action lawsuit

───   08:20 Fri, 29 Jun 2018

Sibanye-Stillwater faces US class action lawsuit | News Article

Mine group Sibanye-Stillwater, with mines in the Matjhabeng District in the Free State amongst others, said it will "vigorously defend" itself against a possible lawsuit in the United States.

The lawsuit relates to the deaths of mineworkers at its operations in South Africa. 

This comes after a US law firm Bernstein Liebhard yesterday filed a class action lawsuit against Sibanye on behalf of shareholders to recover their losses following a sharp decline in its share price after a spate of fatalities at its mines. 

Following the death of another worker at its Khomanani operations in Driefontein on Tuesday, 21 of the 45 deaths in the South African mining industry for 2018, have occurred at a Sibanye mine. 

Sibanye-Stillwater was also in the news earlier this year, when more than 955 mineworkers were trapped underground overnight at its Beatrix mine in the Free State.  All of the mineworkers were eventually brought safely to the surface.

African News Agency
 



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