According to Sibanye-Stillwater, following a comprehensive assessment of the damage caused by the seismic event on the western side of the Masakhane mine, a decision has been taken to rehabilitate the footwall infrastructure in order to enable access to this part of the mine. Production from the western side of the Masakhane mine is planned to commence in February 2019, building up to normal production volumes of approximately 170 kg (5466 oz) per month by April 2019. Access to the eastern side of the Masakhane mine was unaffected by the seismic event, and operations in that area which produces approximately 80 kg (2570 oz) per month of gold, resumed on 11 June 2018.
According to Sibanye-Stillwater, resumption of full production of approximately 250 kg (8038 oz) per month from the Masakhane mine in April 2019, should result in annual production from the SA gold operations increasing in 2019. The South Africa PGM operations have maintained their strong performance from 1Q18 and 4E PGM production is likely to be at the upper limit of guidance of between 1.1 million oz and 1.15 million oz, with AISC towards the bottom end of guidance, between R10 750/4Eoz and R11 250/4Eoz (US$825/4Eoz and US$860/4Eoz).
