Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) has halted production at its two platinum group metals (PGMs) operations in Montana, in the United States, on Monday night after heavy flooding damaged an access road.
The company said that sustained warm weather in the past days led to rapid snow melt in mountains, which together with heavy rainfall over the weekend, has caused flooding of numerous rivers in the region where its mines are located.