Sibanye says two workers killed during Kloof shaft inspection
- •Just read this horrific news about Sibanye (SBSW) – two workers killed during a shaft inspection at their Kloof mine.
- •My heart goes out to their families.
- •This kind of event always makes me pause and think beyond the numbers on a screen.
Just read this horrific news about Sibanye (SBSW) – two workers killed during a shaft inspection at their Kloof mine. So, so tragic. My heart goes out to their families. This kind of event always makes me pause and think beyond the numbers on a screen.
I’ve held SBSW for a while in my portfolio, mostly for the dividend and the gold/PGM exposure, but incidents like this really highlight the inherent risks in the mining industry. The article mentioned operations are halted for investigation, which is obviously necessary, but it makes you wonder about the long-term impact, not just financially but on worker morale and safety protocols across the board. I mean, they were doing an inspection – that’s supposed to be preventative. It's a stark reminder of the human cost involved in getting those precious metals out of the ground.
What are your thoughts on this, folks? Does news like this affect your investment decisions in mining companies, or do you view it as an unfortunate but unavoidable part of the industry? I'm always trying to balance returns with ethical considerations, especially when thinking about my kids' future and the kind of companies I'm indirectly supporting.
You can read the full article here: https://www.mining.com/sibanye-says-two-workers-killed-during-shaft-inspection-at-kloof-mine/