Case: Sibanye Gold Limited
Class Period: 4/7/2017 - 6/26/2018
Lead Plaintiff Deadline: 8/27/2018
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July 6, 2018 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of Sibanye Gold Limited (“Sibanye” or the “Company”) (NYSE: SBGL).  Investors who purchased Sibanye securities, including American Depositary Receipts (“ADRs”), between April 7, 2017 and June 26, 2018 (the “Class Period”) may be affected.  A Class Action has been filed on behalf of investors who purchased or otherwise acquired Sibanye’s publicly traded securities during the Class Period.

On June 13, 2018, The Mercury published an article entitled “Mine puts profits before lives – claim,” reporting that Sibanye supervisors forced miners to work in dangerous conditions.  Following this news, the price of Sibanye’s ADRs fell $0.07, or about 2.7%, to close at $2.56 per ADR on June 13, 2018.

On June 26, 2018, Bloomberg reported that “another worker was killed at [Sibanye’s] Driefontein operation in South Africa, bringing the total deaths at the company’s mines this year to 21.”  Following this news, Sibanye’s ADR price fell $0.31, or nearly 11%, to close at $2.51 per ADR on June 26, 2018.  

Then, on June 27, 2018, Bloomberg reported that Citigroup Inc. cut its recommendation on Sibanye’s stock from “buy” to “neutral”, citing Sibanye’s “track record” from “an environmental, social and governance perspective, as well as the underlying investment risks that it holds.”  Following this news, Sibanye’s ADR price fell $0.26, or 10.36%, to close at $2.25 per ADR on June 27, 2018.

If you are a member of the proposed Class, you may move the court no later than August 27, 2018 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing This e-mail address is being protected from spambots. You need JavaScript enabled to view it or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact: 

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400 
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
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