LON
LOLMI
LON - Lonmin Plc - Number One Furnace Shut Down
Lonmin Plc (Incorporated in England and Wales)
(Registered in the Republic of South Africa under registration number
1969/000015/10)
JSE code: LON
Issuer Code: LOLMI & ISIN: GB0031192486 ("Lonmin")
30 March 2010
Lonmin Plc
Number One Furnace Shut Down
Lonmin Plc, ("Lonmin") announces that its Number One furnace has been shut down
following a matte run-out earlier today. No one was hurt as a result of this
incident.
Our initial estimate is that a full repair of the vessel is likely to take
around 30-40 days. In order to mitigate the impact on production two Pyromet
furnaces have already been started up, with a third one starting in early April.
These furnaces have around 40% of the capacity of the Number One furnace.
A full inspection of the furnace is being conducted during which time we will
investigate the cause of this incident.
This incident will have no impact on Lonmin`s half year results which close on
31 March 2010. Changes, if any, to the full year sales guidance will be given
once the repair programme has been confirmed.
ENQUIRIES:
Investors / Analysts:
Rob Gurner +44 (0) 207 201 6050
Head of Investor Relations
Media:
Cardew Group +44 (0) 207 930 0777
Anthony Cardew / Rupert Pittman
Financial Dynamics +27 (0) 21 487 9000
Dani Cohen / Ravin Maharaj
Date: 30/03/2010 17:40:02 Produced by the JSE SENS Department.
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