ELD - Eland Platinum - Eland Platinum awarded mini
ELD
ELD
ELD - Eland Platinum - Eland Platinum awarded mining right
Eland Platinum Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 2005/029957/06)
Share Code: ELD & ISIN: ZAE000078655
("Eland Platinum" or "the Company")
ELAND PLATINUM AWARDED MINING RIGHT
Eland Platinum announced today that it has been awarded the mining right for its
Elandsfontein Platinum Mine, near Brits.
Eland Platinum Managing Director Dr David Salter said: "The award of our mining
right is an important step for us. It means we can start stockpiling open pit
ore early in 2007 to allow a fast and sustainable production ramp-up when we
start concentrator operations in the fourth quarter of 2007."
Salter paid tribute to Department of Minerals and Energy (DME) staff in Pretoria
and Klerksdorp for "giving us excellent guidance on compliance that resulted in
our being awarded our mining right within nine months. We are grateful to DME
Director-General Advocate Sandile Nogxina for his leadership of a dedicated team
that is creating the enabling environment the mining industry needs to move
forward".
21 December 2006
Date: 21/12/2006 09:00:01 Produced by the JSE SENS Department.
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