As a dual-listed company, on the JSE and the NYSE, Sibanye-Stillwater’s Mineral Resources and Mineral Reserves are reported in accordance with the SAMREC Code and subpart 1300 under Regulation S-K of the US Securities Act of 1933 (S-K 1300)
Summary as at 31 December 2022
AMERICAS
- Total 2E PGM Mineral Resources of 84.2Moz, a year-on-year decrease of 6.1%
- Total 2E PGM Mineral Reserves of 26.3Moz, a year-on-year decrease of 3.6%
- Total Mineral Resources of 10.2Mt grading 0.2% Li (for 86.8kt LCE) and 8.1% H3BO3
- Total copper Mineral Resources of 13,257.1Mlb, a decrease of 0.1%
SOUTHERN AFRICA
- Total 4E PGM Mineral Resources of 177.3Moz, a year-on-year increase of 1.5%
- Total 4E PGM Mineral Reserves of 31.4Moz, a year-on-year decrease of 2.3%
- Total gold Mineral Resources of 53.3Moz, a year-on-year decrease of 9.1%
- Total gold Mineral Reserves of 10.3Moz, a year-on-year decrease of 1.5%
- Total U3O8 Mineral Resources of 66.6Moz, remain unchanged year-on-year
EUROPE
- Lithium carbonate equivalent (LCE) Mineral Resources of 366.1kt, a year-on-year increase of 248%
- Maiden LCE Mineral Reserves of 193.6kt
AUSTRALIA
- Zinc Mineral Resources of 798.5Mlb, a year-on-year decrease of 21.4%
- Zinc Mineral Reserves of 445.5Mlb, a year-on-year decrease of 31.4%
2022 PRECIOUS METALS
MINERAL RESERVES (70.6Moz)
2022 PRECIOUS METALS
MINERAL RESOURCE (389.5Moz)
US PGM operations – Mineral Reserves reconciliation
| Factors | 2E PGM (Moz) |
|---|---|
| Dec 2021 Reserves | 27.3 |
| Depletion | (0.5) |
| Post depletion | 26.8 |
| Area inclusion/exclusion | 0.4 |
| Geological interpretation | (3.9) |
| Estimation methodology | 2.5 |
| Modifying factors | 0.5 |
| Dec 2022 Reserves | 26.3 |
SA PGM operations – Mineral Reserves reconciliation
| Factors | 4E PGM (Moz) |
|---|---|
| 31 Dec 2021 | 32.2 |
| Depletion | (1.9) |
| Economic valuation | 1.9 |
| Evaluation | (0.3) |
| Geological changes | (0.2) |
| Technical factors | (0.3) |
| 31 Dec 2022 | 31.4 |
SA gold operations – Mineral Reserves reconciliation
| Factors | Gold (Moz) |
|---|---|
| 31 Dec 2021 | 10.5 |
| Depletion | (0.8) |
| Post depletion | 9.7 |
| Area inclusions/exclusions | 0.3 |
| Attributable adjustment | 0.7 |
| Geological interpretation | 0.05 |
| Economic parameters | (0.4) |
| Modifying factors | (0.04) |
| 31 Dec 2022 | 10.3 |
This section is a condensed overview of the Mineral Resources and Mineral Reserves Report 2022, full details as well as price assumptions and Competent persons declarations are included in the full reports listed below.
