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Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rules 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
Dated October 25, 2019
File Number: 001-35785
(Translation of registrant’s name into English)
Libanon Business Park
1 Hospital Street (off Cedar Avenue)
Libanon, Westonaria, 1780
South Africa
Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or Form 40-F.

Form 20-F
Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): _____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): _____

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Sibanye Gold Limited
Trading as Sibanye-Stillwater
Incorporated in the Republic of South Africa
Registration number 2002/031431/06
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye-Stillwater” or “the Group” or “the Company”)
Sibanye-Stillwater successfully refinances its Rand Revolving Credit Facility
Johannesburg, 25 October 2019: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL)
is pleased to announce that it has successfully refinanced its existing R6 billion
Revolving Credit Facility (Existing ZAR RCF) maturing on 15 November 2019 with a new
3-year R5.5 billion Revolving Credit Facility (New ZAR RCF) on similar terms. The New
ZAR RCF has an initial facility value of R5.5 billion and includes a R2 billion accordion
option which allows for a future upsize to R7.5 billion, while the three year tenor can
be extended by two further one-year extensions.
“We are delighted with the continued support from our lenders. The New ZAR RCF
satisfactorily meets Group requirements and includes the ability to potentially extend
the tenor past three years, as well as the option to upsize the New ZAR RCF through the
accordion option, providing additional financing flexibility for the Group”, Sibanye-
Stillwater Chief Financial Officer, Charl Keyter commented.
The key terms of the New ZAR RCF which was concluded with a syndicate of local and
international banks, led by Absa Bank Limited (acting through its Corporate and
Investment Banking division) and Nedbank Limited (acting through its Nedbank Corporate
and Investment Banking division), are as follows:
Initial facility amount of R5.5 billion
An accordion option for Sibanye-Stillwater to, subject to lender approvals, increase
the facility size by a further R2 billion to R7.5 billion
The New ZAR RCF maturity is three years, with the option to extend the tenor through
two further one-year extensions subject to lenders’ consent
Interest is on a sliding scale between Johannesburg Interbank Average Rate (JIBAR)
plus 2.40% and JIBAR plus 2.60% dependent on gearing ratios
Borrowers and guarantors are those under the Existing ZAR RCF being the Company
(Sibanye Gold Limited), Stillwater Mining Company Limited, Sibanye Rustenburg
Platinum Mines (Pty) Ltd, Kroondal Operations (Pty) Ltd and Western Platinum Ltd
Section 45(5) of the Companies Act
Notice is hereby given that, in terms of the provisions of Section 45(5) of the Companies
Act 71 of 2008 (the “Companies Act”), and pursuant to the special resolution passed at
the general meeting of the Company held on 28 May 2019 (the “General Meeting”), the
board of directors of the Company (the “Board”) has adopted a resolution to guarantee
the indebtedness of other members of the Group under the Facility Agreement, which
guarantee constitutes the giving of direct and/or indirect financial assistance to
related- and inter-related companies and corporations of the Company in terms of the
provisions of Section 45(2) of the Companies Act.
Having considered all reasonable financial circumstances of the Company in terms of and
pursuant to the provisions of Section 45 as read with Section 4 of the Companies Act,
the Board satisfied itself that:
immediately after providing the financial assistance referred to above, the Company
would satisfy the solvency and liquidity test contemplated in Section 4 of the
Companies Act
all relevant conditions and restrictions relating to the granting of such financial
assistance by the Company contained in the Company's memorandum of incorporation
are satisfied
the terms and conditions on which such financial assistance is to be given are fair
and reasonable to the Company
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Investor relations contact:
James Wellsted
Head of Investor Relations
+27 (0) 83 453 4014
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

This announcement includes “forward-looking statements” within the meaning of the “safe
harbour” provisions of the United States Private Securities Litigation Reform Act of
1995, including the statements related to expected production volumes]. Forward-looking
statements may be identified by the use of words such as “target”, “will”, “forecast”,
“expect”, “potential”, “intend”, “estimate”, “anticipate”, “can” and other similar
expressions that predict or indicate future events or trends or that are not statements
of historical matters. The forward-looking statements set out in this announcement
involve a number of known and unknown risks, uncertainties and other factors, many of
which are difficult to predict and generally beyond the control of Sibanye-Stillwater,
that could cause Sibanye-Stillwater’s actual results and outcomes to be materially
different from historical results or from any future results expressed or implied by
such forward-looking statements. These forward-looking statements speak only as of the
date of this announcement. Sibanye-Stillwater undertakes no obligation to update
publicly or release any revisions to these forward-looking statements to reflect events
or circumstances after the date of this announcement or to reflect the occurrence of
unanticipated events, save as required by applicable law.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
Dated: October 25, 2019
/s/ Charl Keyter
Charl Keyter

Chief Financial Officer

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