NORTHAM PLATINUM LIMITED - Interruption in production at Northam's Zondereinde Mine (Zondereinde)
NHM 201304050024A
Interruption in production at Northam's Zondereinde Mine ("Zondereinde")
NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM
ISIN code: ZAE000030912
(“Northam” or “the Company”)
INTERRUPTION IN PRODUCTION AT NORTHAM’S ZONDEREINDE MINE (“ZONDEREINDE”)
Northam advises its shareholders that production at Zondereinde has been interrupted since
Tuesday, 2 April 2013. An estimated 120kg (3 900 ounces) of metal in concentrate (3PGM+Au)
production has been lost, translating into revenue losses of approximately R46.2million.
The interruption was caused by Zondereinde’s rock drill operators who are refusing to drill while
underground. Zondereinde’s management team has constituted a consultative forum and is
engaging with employee representatives in an attempt to resume operations as soon as possible.
The Company shall continue to inform its shareholders of further developments in this regard.
Johannesburg
5 April 2013
Sponsor
One Capital
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