NHM - Northam Platinum - Northam shuts down convertors at Zondereinde mine
NHM
NHM
NHM - Northam Platinum - Northam shuts down convertors at Zondereinde mine
NORTHAM PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
("Northam Platinum" or "the company")
Northam shuts down convertors at Zondereinde mine
The management of the Zondereinde division of Northam Platinum Limited (Northam)
advises that it has shut down the convertors at the division`s metallurgical
plant following an incident this morning, Monday 17 May 2010, which caused
damage to the precipitator. No one was injured in the incident.
Initial estimates by management indicate that repairs could take around six
weeks to complete. Material will be stockpiled while the repairs are being
effected. The interruption will have a negative effect on sales for the current
financial year. The purpose of the electrostatic precipitator is to remove
particulate matter from the off-gas emissions prior to being discharged into the
atmosphere via the chimney stack.
Investigations into the cause of the incident have commenced. Further
announcements will be made as more details become available.
Distributed by:
Russell & Associates, Johannesburg
Tel: +27 (0)11 880 3924
Fax: +27 (0)11 880 3788
Johannesburg
17 May 2010
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 17/05/2010 16:45:02 Produced by the JSE SENS Department.
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