NORTHAM PLATINUM LIMITED - MEDIA RELEASE
Northam Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number 1977/003282/06)
Share code: NHM
ISIN code: ZAE000030912
("the company")
MEDIA STATEMENT
Johannesburg
14 March 2003
Statement in response to Carli Lourens, Business Day
Johannesburg, 14 March 2003. In terms of an exemption obtained
from the South African government, Northam Platinum"s precious
metals are refined offshore. This arrangement is expected to
continue for the foreseeable future, pending the conclusion of
discussions with the relevant South African authorities.
Northam currently mines and smelts ore on site. It also has a
base metals refinery where further more sophisticated processing
occurs. In line with the spirit of the new minerals legislation
in the country, Northam is committed to further downstream
beneficiation initiatives, and is investigating several
alternatives in this regard.
Ends
Please attribute quote to Glyn Lewis, General Manager, Northam
Platinum
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