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Sibanye reports lowest serious injury rate in its history for the first quarter

JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than the first quarter of last year and marked the third consecutive yearly improvement for the group’s SIFR since the first quarter of 2021, when it stood at 4.

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“The continued improvement in the group safety performance year-on-year is pleasing, confirming that our safety strategy continues to gain traction and that we remain on track for a further reduction of risk for all safety incidents,” Sibanye CEO Neal Froneman said in the group’s first-quarter operating update on May 10.

The group’s lost-day injury frequency rate also declined by 7.6% year-on-year, while the total recordable injury frequency rate decreased by 11.3%.

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