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Tue 11 Sep 2001, 0:00 Northam Platinum Limited - Strike Action
Registration Number 1977/003282/06
Incorporated in the Republic of South Africa
("Northam" or "the company")
Share code : NHM
ISIN       : ZAE000030912
STRIKE ACTION
The management of Northam advises that production has not yet resumed at its
mine since the commencement of industrial action on the night of 12 August
2001.
The company is currently engaged in a mediation process with the National
Union of Mineworkers in an effort to resolve the situation.
The industrial action has had a negative effect on the company's production
resulting in revenue losses estimated at R123 million to date.
The company will keep shareholders advised of further developments.
11 September 2001



 



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