WESIZWE PLATINUM LIMITED - Operational update: temporary suspension of operations at Bakubung Platinum Mine
Operational update: temporary suspension of operations at Bakubung Platinum Mine
WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2003/020161/06)
Share code: WEZ
ISIN: ZAE000075859
("Wesizwe" or the "Company")
OPERATIONAL UPDATE: TEMPORARY SUSPENSION OF OPERATIONS AT
BAKUBUNG PLATINUM MINE
Shareholders are referred to the various announcements released on the Johannesburg
Stock Exchange News Service, the last of which was published on 17 July 2026, relating to
the phased restart of operations at the Bakubung Platinum Mine ("BPM" or "the Mine").
Shareholders are advised that mining operations at BPM were temporarily suspended on 31
July 2026 following employee feedback sessions conducted by the recognised trade unions
regarding the ongoing Section 189A consultation process. Following these engagements, a
large number of employees gathered at the Mine.
After assessing the prevailing circumstances, management determined that the health,
safety and security risks associated with continuing operations had increased to an
unacceptable level. Accordingly, as a precautionary measure, the Company temporarily
suspended mining operations.
Essential services will continue to operate to ensure that the Mine remains safe, secure and
environmentally compliant throughout the period of suspension. The suspension will remain
in place until management is satisfied that it is safe to resume operations, taking into account
the prevailing circumstances and the progress of the ongoing Section 189A consultation
process.
The Company remains committed to engaging constructively with the recognised trade
unions through the established consultation process and will provide shareholders with
further updates as and when appropriate.
.
Johannesburg
31 July 2026
Sponsor
PSG Capital
Date: 31-07-2026 04:02:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
