Sibanye Stillwater Limited announced the conclusion of wage negotiations at its SA gold operations, which began in July 2024. A one-year agreement was reached with the representative unions, the Association of Mineworkers and Construction Union (AMCU), the National Union of Mineworkers (NUM), UASA, and Solidarity, with respect to annual wages and benefits for employees at its Beatrix, Driefontein and Kloof operations. This agreement, effective from 1 July 2024 to 30 June 2025, demonstrates the Group's commitment to providing fair, inflation-linked wages while considering the sustainability and prospects of the SA gold operations.

The final wage agreement comprises increases of 5.5% or ZAR 900 per month (whichever is higher) for both category 4 to 8 employees and miners and artisans for the year ending 30 June 2025, with officials receiving a 5.5% increase.