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.

“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%.