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Sibanye Stillwater (NYSE:SBSW) -4.2% over two days Friday after saying it will delay the release of its financial and operating results for the period ended June 30 due to the recent disruptions to its IT systems.
While its systems have been largely restored after the cyberattack it reported on July 11, Sibanye (SBSW) said it will publish its Q2 and H1 results on September 12, two weeks later than planned.
Sibanye (SBSW) has said its mining and extraction operations experienced minimal disruption from the system outage, but said its Columbus metallurgical complex at the U.S. PGM operations has suffered some short-term operational delay, which affected the smelting of underground concentrate and the recycling of spent autocatalysts.
“Although the cyber-attack has had limited impact on our core operations, it caused temporary system outages which resulted in the implementation of back-up manual processes on certain systems at the operations,” Sibanye (SBSW) said.