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07-Sep-2018
(C)
Sales revenue jumped to R7.6 billion (R6.9 billion) whilst gross profit grew to R823.3 million (R614.0 million). Loss for the year widened to R705.0 million (loss of R635.9 million). In addition, headline loss per share worsened to 200.5 cents per share (loss of 181.9 cents per share).



Dividend

Given the continuing difficult conditions in the PGM mining industry, and taking into consideration the cash requirements for the development of the group's project pipeline and acquisition of platinum assets, the board has resolved not to declare a dividend for F2018 (2017: RNil cents per share).



Notice of annual general meeting

The annual general meeting ("AGM") of Northam shareholders will be held at Glenhove Conferencing, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa on Tuesday, 6 November 2018 at 10:00 to transact the business as stated in the notice of AGM, forming part of the abridged annual report 2018 ("notice and abridged annual report 2018").



Shareholders are advised that the notice and abridged annual report 2018, containing the summarised audited financial statements for the year ended 30 June 2018, will be distributed electronically to shareholders today, 7 September 2018, whilst the physical mailing process of the notice and abridged annual report 2018 is expected to be completed by no later than Friday, 14 September 2018.



The annual integrated report 2018, containing the full audited annual financial statements incorporating the auditors' report in which Ernst - Young Inc. expressed an unmodified audit opinion and the notice and abridged annual report 2018 are available on the following link:

www.northam.co.za/investors-and-media/publications/annual-reports or can be obtained from the company's registered office on request.
03-Sep-2018
(Official Notice)
Northam shareholders are advised that Mr MH (Mcebisi) Jonas and Mr JJ (Jean) Nel have been appointed as independent non-executive directors to the board of Northam (?board?), with effect from 6 November 2018. The appointments are subject to shareholder approval at the Northam annual general meeting, to be held on Tuesday, 6 November 2018 (further details of which will be published on SENS in due course).
27-Aug-2018
(Official Notice)
23-May-2018
(Official Notice)
16-Apr-2018
(Media Comment)
Business Day reported that the first batch of recycled platinum from Northam?s recycling business in the US had arrived in Durban a few days ago. Northam CEO Paul Dunne made it clear that this was a trial shipment of recycled platinum group metals.



The recycling business consists of three essential elements. Scrap merchants collect the boxes on exhausts that contain platinum, palladium or rhodium in autocatalytic converters. This material is sold to collectors, who have extensive networks to buy and consolidate it before selling it to smelting companies.



In 2017, recycling contributed 1.9-million ounces towards 8-million ounces of platinum supply, with the recycling of autocatalysts generating 1.34-million ounces. In the palladium market, recyclers account for 2.9-million ounces of metal versus 6.6-million ounces of mined supply.
04-Apr-2018
(Official Notice)
Northam shareholders are referred to the announcement published on SENS on 27 March 2018 relating to the unprotected work stoppage of approximately 750 MRC employees at the Booysendal mine from Monday night, 26 March 2018.



Northam announced that an agreement has been reached with the Association of Mineworkers and Construction Union (AMCU), the representative union, for a full return to work by the affected MRC employees, beginning with the morning shift of 4 April 2018.



Booysendal will transition to owner-operator status on 1 May 2018.
27-Mar-2018
(Official Notice)
Northam confirmed that approximately 750 employees at the Booysendal mine in Mpumalanga Province, embarked on an unprotected work stoppage with effect from Monday night, 26 March 2018.



The MRC employees had been approached by Northam to become full-time employees in a move for Booysendal to become an owner-operating mine, which will result in them becoming permanent Northam employees. The affected employees are demanding end-of- contract termination packages from MRC.



Both MRC and the Association of Mineworkers and Construction Union (AMCU), the representative union, have been in consultation with the affected employees. MRC has applied for an urgent interdict to effect a return to work.



Shareholders will be kept informed of further developments.
23-Feb-2018
(C)
Sales revenue for the interim period lowered to R3.4 billion (R3.5 billion) and operating profit decreased to R338.8 million (R352.0 million). Loss for the period widened to R283.8 million (loss of R226.6 million). In addition, headline loss per share worsened to 80 cents per share (loss of 64.7 cents per share).



Dividends

Given the continuing difficult conditions in the mining industry, and taking into consideration the cash requirements for the development of the group's project pipeline and acquisition of platinum assets, the board has resolved not to declare an interim dividend for H1 F2018 (RNil cents per share).
09-Feb-2018
(Official Notice)
Shareholders are advised that the group?s loss per share for the period ended 31 December 2017 is estimated to range between 77.7 cents per share and 90.7 cents per share and the headline loss per share is estimated to range between 77.6 cents per share and 90.5 cents per share, compared with the loss per share of 64.8 cents and headline loss per share of 64.7 cents reported for the period ended 31 December 2016. The aforementioned ranges expressed in percentage terms, are, in respect of both the loss per share and headline earnings per share, an increase of 20% and 40% per share.



The anticipated loss is attributable to the Zambezi Platinum (RF) Ltd. (?Zambezi?) preference share dividends, which are consolidated in the group?s results in terms of the International Financial Reporting Standards. The Zambezi preference shares accrue dividends at a cumulative variable dividend of 3.5% over the prime overdraft interest rate in South Africa. Shareholders are reminded that 159 905 453 Northam shares are held for settlement of the Zambezi preference share liability in terms of the Northam guarantee and the accrued dividends are consolidated into the Northam results as a non cash item for Northam.



Although the platinum mining industry has experienced difficult economic conditions during the reporting period, both of the group?s operating mines, Zondereinde and Booysendal, are expected to record an operating profit.



The weighted average number of Northam shares in issue for the period ended 31 December 2017 was 349 875 759 (31 December 2016: 349 875 759 shares).



The information on which this trading statement and trading update is based has not been reviewed or reported on by the group?s external auditors. The reviewed interim results for the period ended 31 December 2017 are anticipated to be published on or about 23 February 2018.

30-Jan-2018
(Official Notice)
Northam shareholders are referred to the announcement published on SENS on 24 February 2017 in respect of the acquisition by Northam of the Eland Platinum mine, for a cash consideration of R175 million (the ?Eland transaction?), subject to the fulfilment of certain conditions precedent.



Northam announced that the Eland transaction has become unconditional. Northam will acquire full ownership of the Eland mine and ancillary infrastructure via Eland Platinum (Pty) Ltd. (?Eland Platinum?), a wholly-owned subsidiary of Northam.



Northam will operate Eland Platinum on a fully integrated mine to market basis. PGM concentrate produced at Eland mine will be beneficiated at Northam?s Zondereinde smelter complex.
13-Dec-2017
(Official Notice)
Northam shareholders (?shareholders?) are referred to the announcement published on SENS on 11 October 2016 in respect of the acquisition by Northam of a portion of the Amandelbult mining right, contiguous with the north western boundary of Northam?s Zondereinde mine, for a cash consideration of R1 billion (the ?Amandelbult transaction?). Shareholders are further referred to the announcement published on SENS on 25 August 2017 informing shareholders that consent from the Minister of Mineral Resources in terms of section 102 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002 for the Amandelbult transaction had been received.



Northam is pleased to announce that the Amandelbult transaction has subsequently become unconditional and the transfer of the mining right was executed on 6 December 2017.



Pandora joint venture disposal

In addition, shareholders are referred to the announcement published on SENS on 15 May 2017 in respect

of the disposal of Northam?s 7.5% participation interest in the Pandora joint venture (?Disposal?).

Shareholders are hereby advised that the Disposal was concluded on 1 December 2017.



07-Dec-2017
(Official Notice)
13-Oct-2017
(Official Notice)
Northam advised shareholders that the credit rating agency, Global Credit Rating Co. (?GCR?), has upgraded Northam?s long term credit rating to A-(ZA) from BBB+(ZA) and reaffirmed Northam?s short term credit rating at A1-(ZA), with the outlook being accorded as Stable.



Northam?s credit rating upgrade was achieved despite the current and ongoing challenges being faced by the mining industry, further illustrating the group?s resilience and ability to maintain a strong capital base and liquidity position.



Northam?s credit rating upgrade is based on the following key considerations:

? The realisation of projected benefits of Northam?s fully funded R6.6 billion black economic empowerment transaction through the acquisition of quality platinum group metal (?PGM?) assets at favourable prices.

? Additional sources of production being expected from Northam?s recent transactions, including the acquisition of the Tumela block and the Eland Platinum mine, and further geographical and segmental diversification through the acquisition of the PGM recycling assets in the United States of America.

? A 60% increase in Northam?s operating profit as a result of improved metal prices, lower costs of production, general economies of scale and the implementation of stringent cost controls.

? The easing of Northam?s corporate risk profile as a result of Booysendal North maintaining steady state production for two years and becoming the second operational mine of the group.

? A strong improvement in Northam?s operating cash flows, up from R952.7 million for the financial year ended 30 June 2016 to R1.1 billion for the financial year ended 30 June 2017.

? A strong capital base, with R1.8 billion in cash as at 30 June 2017, well in excess of the R425 million in interest bearing obligations, as well as the availability of a R1.0 billion revolving credit facility (which increases to R1.5 billion H2 F2018), asserting Northam?s strong liquidity position in the medium-term.

? A further positive rating migration is predicted on the development of Booysendal South and recently acquired ore bodies, which should see a continued widening of the group?s operating margins and sustainability of cash flows and credit protection metrics.



GCR has published an announcement in regard to Northam?s credit rating (available from GCR at http://globalratings.net).
29-Sep-2017
(Official Notice)
Northam shareholders are advised that Mr David Hugh Brown has been appointed as an independent non-executive director to the board of Northam (?board?), with effect from 7 November 2017, subject to shareholder approval at the Northam annual general meeting (?AGM?), to be held on Tuesday, 7 November 2017.



Notice of Annual General Meeting

The AGM of Northam shareholders will be held at Glenhove Conferencing, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa on Tuesday, 7 November 2017 at 10:00 to transact the business as stated in the notice of AGM, forming part of the summarised annual report 2017 (?notice and summarised annual report 2017?).



No change statement

Shareholders are advised that the summarised financial statements for the 12 months ended 30 June 2017, as contained in the notice and summarised annual report 2017, will be posted and also distributed electronically to shareholders today, 29 September 2017. The audited annual financial statements for the year ended 30 June 2017 contain no material modifications to the audited preliminary report published on SENS on 25 August 2017.



The annual integrated report 2017, containing the full audited annual financial statements incorporating the auditors? report in which Ernst - Young Inc. expressed an unmodified audit opinion, and the notice and summarised annual report 2017, are available on the following link: http://www.northam.co.za/investors-and-media/publications/annual-reports or can be obtained from the company?s registered office on request.



The salient dates of the AGM are as follows:

*Record date to determine which shareholders are entitled to receive the notice and summarised annual report 2017 - Friday, 15 September 2017

*Posting date of the notice and summarised annual report 2017 - Friday, 29 September 2017

*Last day to trade in order to be eligible to attend and vote at the annual general meeting - Tuesday, 24 October 2017

*Record date to determine which shareholders are entitled to attend and vote at the AGM - Friday, 27 October 2017

*Forms of proxy for the AGM to be lodged by 10:00 on Monday, 6 November 2017

*AGM to be held at 10:00 on Tuesday, 7 November 2017

*Results of AGM released on SENS on Tuesday, 7 November 2017
25-Aug-2017
(C)
Sales revenue for the year increased to R6.865 billion (2016: R6.097 billion), operating profit jumped to R614 million (2016: R383.3 million), but loss for the year widened to R635.9 million (2016: loss of R508.3 million), while headline loss per share rose to 181.9 cents per share (2016: loss of 140.9 cents per share).



Dividend

Given the continuing difficult conditions in the mining industry, and taking into consideration the cash requirements to fund the development of the group's project pipeline and growth strategy, the board has resolved not to declare a final dividend for the 2017 financial year (2016: RNil cents per share).



Going concern and prospects

Mining operations have a finite life and are also dependent amongst other things on geological, technical as well as economic factors such as commodity prices and exchange rates. The global economic outlook and low USD dollar metal prices are a concern as the group is an exporter of PGMs to global markets. Operations continue to be under pressure due to increasing input costs (mainly power and labour) and lower metal prices. Management is focused on cost control and moving the operations down the cost curve in order to remain profitable.



The board believes that the group has adequate financial resources to continue operating for the foreseeable future and, accordingly, the financial statements have been prepared on a going concern basis.
25-Aug-2017
(Official Notice)
Northam shareholders are referred to the announcement released on 11 October 2016 in respect of, inter alia, the acquisition by Northam of a portion of the Amandelbult mining right, contiguous with the north western boundary of Northam?s Zondereinde mine, for a cash consideration of R1 billion (the ?transaction?).



Northam announced that it has received consent from the Minister of Mineral Resources in terms of section 102 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002 for the resource acquisition. The section 102 consent fulfils one of the key conditions precedent to the transaction.
15-Aug-2017
(Official Notice)
Shareholders are advised that the group?s loss per share for the year ended 30 June 2017 is estimated to range between 167.8 cents per share and 196.0 cents per share and the headline loss per share is estimated to range between 167.3 cents per share and 196.3 cents per share, compared with the loss per share of 145.3 cents and headline loss per share of 140.9 cents reported for the year ended 30 June 2016. The aforementioned ranges expressed in percentage terms, are, in respect of a loss per share, an increase of between 15% and 35% per share and, in respect of headline earnings per share, an increase of 19% and 39% per share.



The anticipated loss is attributable to the higher Zambezi Platinum (RF) Limited (?Zambezi?) preference share dividends, which are consolidated in the group?s results in terms of the International Financial Reporting Standards. The Zambezi preference shares accrue dividends at a cumulative variable dividend of 3.5% over the prime overdraft interest rate in South Africa. Shareholders are reminded that 159 905 453 Northam shares are held for settlement of the Zambezi preference share liability in terms of the Northam guarantee and that the accrued dividends are consolidated into the Northam results as a non-cash item for Northam.



Despite difficult economic circumstances during the reporting period, both of the group?s operating mines, Zondereinde and Booysendal, are expected to record an operating profit. The group?s total operating profit is estimated to be higher than the previous year, owing to an improved operational performance and well contained unit costs.



The weighted average number of Northam shares in issue for the year ended 30 June 2017 was 349 875 759 (30 June 2016: 349 875 759 shares). The information on which this trading statement and trading update is based has not been reviewed or reported on by the group?s auditors. The audited results for the year ended 30 June 2017 are anticipated to be published on or about 25 August 2017.



28-Jul-2017
(Official Notice)
Northam announced that it has entered into binding transaction agreements pursuant to which it will acquire platinum group metals (?PGM?) recycling equipment located in Pennsylvania, United States of America (?US?) (?PGM Recycling Equipment?), as well as immoveable property comprising land and buildings for the PGM Recycling Equipment (?Premises?), (collectively, the ?Transactions?).



The aggregate consideration payable by Northam in respect of the Transactions amounts to approximately USD10.7 million, to be settled in cash. Closing and settlement of the Transactions are envisaged to take place by no later than 1 September 2017.



Background information and rationale

The PGM Recycling Equipment will be acquired from A-1 Specialized Services Inc., a recycler of PGMs from automotive catalysts. The PGM Recycling Equipment comprises, inter alia, multiple ceramic catalytic converter processing lines and ancillary equipment, including sampling and separation systems, transportation and a materials handling fleet.



The Premises consist of approximately 30 acres of land as well as buildings measuring approximately 301 000 sq.ft used for warehousing, manufacturing and office space. It has direct access to excellent surrounding infrastructure, including roads and a direct rail connection.



The Transactions afford Northam as an integrated primary and secondary producer, the opportunity to expand and diversify its business interests into PGM recycling. Northam will be able to participate in the growing demand for recycled PGMs from autocatalysts and maintain and develop a strategic footprint in North America.



Categorisation

The Transactions fall below the threshold for categorisation in terms of the JSE Ltd. Listings Requirements and this announcement is provided for information purposes only.
07-Jul-2017
(Official Notice)
Northam refers to the notice of request for consent (?Consent Request?) dated 14 June 2017, delivered by Northam to each holder of Notes (?Noteholders?) issued under Northam's ZAR2 000 000 000 Domestic Medium Term Note Programme. Capitalised terms used herein which are not otherwise defined shall bear the meaning ascribed thereto in the Consent Request.



In terms of the Consent Request, Northam requested the Noteholders? consent, in accordance with Condition 19 (Amendment of these Conditions) of the Terms and Conditions, for the amendment and restatement of the Existing Applicable Pricing Supplements and the schedules thereto in relation to the senior unsecured Notes issued under stock codes NHM002 and NHM003 to remove Khumama as a Guarantor.



Northam confirms that 97.7% of all Noteholders consented in favour of the Proposed Amendment. No Noteholders objected to the Proposed Amendment. The Amended and Restated Applicable Pricing Supplements incorporating the Proposed Amendment are available on the Issuer's website at www.northam.co.za.
14-Jun-2017
(Official Notice)
15-May-2017
(Official Notice)
Northam announced that Mvelaphanda Resources (Pty) Ltd. (?Mvelaphanda?), a wholly owned subsidiary of Northam, entered into a sale of participation interest agreement with Eastern Platinum Ltd. (?EPL?), a subsidiary of Lonmin Plc (?Lonmin?) on 13 May 2017 (?Agreement?). In terms of the Agreement Northam, through Mvelaphanda, will dispose of its 7.5% interest in the Pandora joint venture (?Pandora JV?) to EPL (?Transaction?). The consideration payable to Northam under the Transaction amounts to (i) R45 565 000 plus (ii) the amount of any cash calls paid by Northam to the Pandora JV during the period 1 January 2017 to completion of the Transaction, provided that such cash calls do not exceed an amount of R50 000 000, (?Disposal Consideration?).



The Disposal Consideration will be settled on fulfilment of the Transaction conditions precedent referred to in paragraph 3 below.



Background information and rationale

The Pandora JV is managed by Lonmin and is currently held 50% by Lonmin, through EPL, 42.5% by Anglo American Platinum Ltd., through Rustenburg Platinum Ltd., and 7.5% by Northam, through Mvelaphanda. Northam does not consider its minority interest in the Pandora JV as being core to its business.



Conditions precedent

The Transaction is subject to, inter alia, all necessary regulatory approvals being obtained, including consent from the Minister of Mineral Resources in terms of section 11 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002, and approval from Lonmin?s lending banks.



Categorisation

The Transaction falls below the threshold for categorisation in terms of the JSE Ltd. Listings Requirements and this announcement is provided for information purposes only.
24-Feb-2017
(C)
Sales revenue for the interim period rose to R3.5 billion (R3.2 billion). Operating profit increased to R352 million (R93.4 million). Loss attributable to owners came in at R226.6 million (loss of R273 million). In addition, headline loss per share narrowed to 64.7cps (headline loss per share of 66.3cps).



Dividend

Given the continuing difficult conditions in the mining industry, and taking into consideration the cash requirements for the development of the group's project pipeline and acquisition of platinum assets, the board has resolved not to declare an interim dividend for H1 F2017 (H1 F2016: Rnil cents per share).



Going concern and prospects

Mining operations have a finite life and are dependent amongst other things on geological, technical as well as economic factors such as commodity prices and exchange rates. The global economic outlook and low US dollar metal prices are a concern as the group is an exporter of PGMs to global markets. Operations continue to be under pressure due to increasing input costs (mainly power and labour) and lower metal prices. The board believes that the group has adequate financial resources to continue operating for the foreseeable future and, accordingly, the financial statements have been prepared on a going concern basis.
24-Feb-2017
(Official Notice)
10-Nov-2016
(Official Notice)
Northam shareholders are advised that Mr J G (John) Smithies has been appointed as an independent non-executive director to the board of Northam (?board?), with effect from 1 January 2017.
09-Nov-2016
(Official Notice)
Northam shareholders (?shareholders?) are advised that at the annual general meeting (?AGM?) of shareholders held on Wednesday, 9 November 2016, the ordinary and special resolutions, as set out in the notice of AGM dated Friday, 23 September 2016, were approved by the requisite majority of shareholders present or represented by proxy at the AGM.



Mr Alwyn Martin retired from the board of directors (?board?) at the conclusion of the AGM. As recommended by the Northam nomination committee, Ms Hester Hickey has replaced Mr Martin as chairman of the audit and risk committee. The board would like to thank Mr Martin for his valuable contribution to the company during his tenure as a director of Northam.
04-Nov-2016
(Official Notice)
Northam advised noteholders that the annual financial statements of Booysendal Platinum (Pty) Ltd. and Khumama Platinum (Pty) Ltd., for the year ended 30 June 2016, are available for inspection at the registered office of the company.
01-Nov-2016
(Official Notice)
Northam hereby advises shareholders of the acquisition of 4 043 018 preference shares (preference shares) in Zambezi Platinum (RF) Ltd. (Zambezi) from Coronation Asset Management Pty Ltd. acting as investment manager on behalf of its clients (Coronation), (acquisition). The acquisition was effected on 31 October 2016 at R49.468 per preference share, for a total cash value of R200 million, and constitutes approximately 2.5% of the total preference shares in issue. The preference shares were issued by Zambezi in 2015 in terms of Northam?s black economic empowerment transaction (Northam BEE transaction), which raised Northam?s empowerment equity levels to 31.4%.



Northam considers the preference shares to be a high-yield instrument with a credit risk profile that matches that of Northam. Accordingly, an investment in the preference shares provides the following benefits:

*the preference shares generate a high return without the introduction of significant additional third party risk for Northam;

*Northam may access future liquidity through the disposal of the preference shares in the future;

*should Zambezi elect to redeem the preference shares using Northam ordinary shares, Northam will benefit from the discount that shall be applied to the Northam ordinary shares for purposes of the redemption calculations;

*the acquisition partially hedges Northam against the potential future liability which could become payable pursuant to the guarantee provided by Northam to preference shareholders in respect of the preference shares (guarantee); and

*the net finance charges and liability included in Northam?s consolidated financial statements in relation to the preference shares will be reduced when setting off these preference shares held as an asset.



The price paid of R49.468 per preference share was calculated as the redemption value of a preference share as at 31 October 2016, being an amount equal to the issue price of R41.00 plus the accrued dividends at that date. The aggregate value of the acquisition was R200 million and was funded from Northam?s cash reserves.

13-Oct-2016
(Official Notice)
Northam wishes to advise shareholders that the credit rating agency, Global Credit Rating Co. (?GCR?), has reaffirmed Northam?s short term credit rating at A1-(ZA) and the company?s long term rating of BBB+(ZA) with the Outlook raised from Stable to Positive.



Although the GCR view on resource corporates is a Negative Outlook, there is sufficient comfort in the developments at Northam for the panel to accord a Positive Outlook.



GCR has published a detailed credit rating report (available from GCR at globalratings.net) detailing the key criteria which form the basis for its rating, these include:

*The impact of Northam?s fully funded R6.6 billion black economic empowerment transaction (?BEE Transaction?), which secured Northam?s status as a fully-empowered mining company, for at least 10 years and incorporated a cash injection of R4.6 billion, which will be used to fund the expansion of platinum group metal (?PGM?) output to 800,000 oz annually in six years.

*Further diversification into mechanised and inherently lower cost ore bodies which secure stronger margins and return on capital, providing greater operational and financial flexibility.

*The timely delivery of steady-state production at Booysendal North and the strategic acquisition of Booysendal South (formerly Everest Mine).

*The 7% increase in PGM sales volumes which has sustained Northam?s revenue above R6 billion in the financial year ended 30 June 2016, despite a 6% fall in the ZAR basket price from the prior year.

*The marginal year-on-year increase in normalised headline earnings to R444.1 million in the financial year ended 30 June 2016, after removing the effect of the preference dividends accrued and capital items related to the BEE Transaction.

*Operations remained cash generative for the year ended 30 June 2016, which coupled with R265 million in interest income, nearly trebled operating cash flow.

*Northam?s operations are expected to be net ungeared in the medium term assuming no significant decrease in PGM prices.

*Following the issue of 3 and 5 year domestic medium term notes, which raised R425 million in aggregate, Northam has sound debt service ratios.



11-Oct-2016
(Official Notice)
30-Sep-2016
(Official Notice)
The annual general meeting of Northam shareholders will be held at Glenhove Conferencing, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa on Wednesday, 9 November 2016 at 10:00 to transact the business as stated in the notice of annual general meeting, forming part of the abridged annual report 2016 (?notice and abridged report 2016?).



No change statement

Shareholders are advised that the summarised audited financial statements for the 12 months ended 30 June 2016 as contained in the notice and abridged report 2016, will be distributed electronically to shareholders today, 30 September 2016, whilst the physical mailing process of the notice and abridged report 2016 is expected to be completed by no later than Wednesday, 5 October 2016. The audited annual financial statements 2016 contain no material modifications to the reviewed preliminary results, which were published on SENS on 26 August 2016.



The annual integrated report 2016, containing the full audited annual financial statements, and the notice and abridged report 2016, are available on the following link: www.northam.co.za/investors-and-media/publications/annual-reports or can be obtained from the company?s registered office on request.



The salient dates of the annual general meeting are as follows:

*Record date to determine which shareholders are entitled to receive the notice and abridged report 2016 - Friday, 16 September 2016

*Posting date of the notice and abridged report 2016 - Friday, 30 September 2016

*Last day to trade in order to be eligible to attend and vote at the annual general meeting - Tuesday, 1 November 2016

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting - Friday, 4 November 2016

*Forms of proxy for the annual general meeting to be lodged by 10:00 on - Tuesday, 8 November 2016

*Annual general meeting at 10:00 on - Wednesday, 9 November 2016

*Results of annual general meeting released on SENS on - Wednesday, 9 November 2016



26-Aug-2016
(C)
Sales revenue for the year rose 1 % to R6.1 billion (R6.0 billion). Operating profit took a 35.7% dip to R383.3 million (R595.8 million). Loss attributable to owners improved by 50.9% to R508.3 million (loss of R1.0 billion). In addition, headline loss per share narrowed by 30.6% to 140.9cps (loss of 202.9cps).



Dividend

In view of the current challenging economic environment facing the platinum mining sector and taking into consideration the cash requirements for the development of the group's project pipeline, the board has resolved not to declare a dividend for FY2016.



Prospects

The global economic outlook remains uncertain resulting in volatile metal markets and exchange rates. The group's financial performance will depend on achieving higher metal sales prices and a stable operating performance. Cost saving and productivity improvement initiatives are in place at both Zondereinde and Booysendal. Management is confident that the group's strong financial position, prudent financial controls and the development of shallow, mechanisable operations at Booysendal will place the group in a position to take advantage of improved market conditions

17-Aug-2016
(Official Notice)
Shareholders are advised that the group?s loss per share for the year ended 30 June 2016 is estimated to range between 158.60 cents per share and 132.20 cents per share and the headline loss per share is estimated to range between 152.20 cents per share and 131.90 cents per share, compared with the loss per share of 264.30 cents and headline loss per share of 202.90 cents reported for the year ended 30 June 2015. The aforementioned range expressed in percentage terms is an increase in earnings per share of between 40% and 50% and headline earnings per share of between 25% and 35%.



The anticipated loss is attributable to the higher Zambezi Platinum (RF) Ltd. (?Zambezi?) preference share dividends consolidated in the group?s results compared to the previous year. In line with International Financial Reporting Standards, Zambezi?s results are consolidated into the Northam group results, as a result of it having effective control over Zambezi. The Zambezi preference shares accrue dividends at a cumulative variable dividend of 3.5% over the prime overdraft interest rate in South Africa.



Shareholders are reminded that 159,905,453 Northam shares are held for settlement of the Zambezi preference share liability and that the accrued dividends consolidated into the Northam results are a non-cash item for Northam. The group?s platinum group metal production was substantially higher year on year with both Zondereinde mine and Booysendal mine recording an operating profit. However, the group?s total operating profit was between 30% and 40% lower than the previous comparable year owing to a lower average basket price achieved.



The preliminary results for the year ended 30 June 2016 are anticipated to be released on or about 26 August 2016.
04-Aug-2016
(Official Notice)
Northam advises shareholders that it has secured a new R1.5 billion five-year revolving credit facility to replace its existing R1.0 billion revolving credit facility which matures in November 2016.



The new facility further strengthens Northam?s balance sheet capability in support of the group?s key strategic initiatives, including the development of the Booysendal expansion projects. Together with existing cash reserves, the new facility provides Northam with increased financial flexibility, ensuring that the group?s growth initiatives remain fully funded in the medium-term.



The salient terms of the new facility are as follows:

*Five-year senior unsecured revolving credit facility.

*Facility limit of R1.0 billion for the first 18 months from inception, whereafter the new facility limit automatically increases to R1.5 billion for the remainder of the five year period.

*Voluntary prepayments and redraws are permitted.

*Other terms, conditions and covenants are typical for a facility of this nature.



15-Jun-2016
(Official Notice)
The management of Northam advises that underground operations at the Zondereinde mine were resumed last night, Tuesday 14 June 2016. Employees embarked on the night shift after Minister Zwane?s visit to the operation and after the SAPS disclosing yesterday the arrest of a number of suspects for the death of two Zondereinde employees last week. Northam management has congratulated the SAPS on the swift success of their investigations and has committed to further assistance, if required, as the law takes its course.

10-Jun-2016
(Official Notice)
Shareholders are referred to the Northam SENS announcement dated 5 February 2016, wherein shareholders were advised that the company had entered into a subscription agreement with the Industrial Development Corporation of South Africa (?IDC?) in terms of which the IDC agreed to subscribe for R250 million three year senior unsecured floating rate notes (?notes?).



Northam is pleased to announce that the company has successfully raised the term debt referred to above through the issue of R250 million notes under its R2 billion Domestic Medium Term Note Programme dated 3 August 2012. The notes will attract a floating coupon rate of 11.208% (3 month JIBAR as at 8 June 2016 plus 390 bps) and will mature on 9 June 2019. The notes will be listed on Friday, 10 June 2016 on the Interest Rate Market of the JSE. The first interest payment date will be 9 September 2016.
07-Jun-2016
(Official Notice)
The management of Northam?s Zondereinde mine has urged employees to return to work now that calm has been restored at the mine. Underground mining activities were suspended in the immediate aftermath of the death of a Zondereinde employee in the town of Northam on Sunday 5 June 2016. Another employee was killed near the mine on Monday morning 6 June in continued disruptions.



In the meantime, talks with all parties to reach a constructive conclusion to the current impasse continue. Northam chief executive Paul Dunne has called on all parties to act responsibly, saying, ?We urge all parties to exercise leadership following these tragic incidents, in the interests of safety for all.? Mine management will assist the authorities in their investigations into the deaths where required, and is seeking to administer to the needs of the families of the deceased.
13-May-2016
(Official Notice)
Northam announced that the company has successfully raised term debt through an issue of R175 million five year senior unsecured fixed rate domestic medium term notes (?Notes?). The Notes bear a fixed coupon of 13.50% per annum, payable semi-annually, and will be redeemed on 12 May 2021.



The proceeds will further strengthen Northam?s balance sheet and be applied to the development of the company?s project pipeline.
09-May-2016
(Official Notice)
Shareholders are advised that Northam has disposed of its 20.3% interest in Trans Hex Group Ltd. (?Trans Hex?) with effect from 9 May 2016 (?Transaction?) for a total cash consideration of R81.8 million (?Proceeds?).



The Proceeds equate to a 7.6% premium to the 30 day volume weighted average price of a Trans Hex share traded on the securities exchange operated by the JSE calculated on the day prior to Northam entering into the Transaction.



Trans Hex is a diamond producer and marketer listed on the JSE. Northam?s minority interest in Trans Hex originated from its acquisition of Mvelaphanda Resources Ltd. in June 2011 and was not considered core or material to Northam?s platinum group metal (?PGM?) business.
26-Feb-2016
(C)
Sales revenue for the interim period rose to R3.2 billion (R3.0 billion). Operating profit decreased to R93.4 million (R399.0 million). Loss attributable to owners came in at R273.0 million (profit of R354.6 million). In addition, headline loss per share were 66.3cps (earnings of 89.4cps).



Dividend

Given the continuing difficult conditions in the mining industry, and the cash requirements for the development of the group's assets, the board has resolved not to declare an interim dividend for H1 F2016 (H1 F2015: Rnil cents per share).



Prospects

The outlook for the PGM industry remains challenging with persistent weak metal prices and poor economic fundamentals in developed economies. The group's financial performance will depend on achieving higher metal prices and a stable operating performance. Despite the adverse market conditions, Northam's strong balance sheet and prudent financial controls will enable the company to continue with strategic project development which will position the company to benefit from improving market conditions in the future.
12-Feb-2016
(Official Notice)
Shareholders are advised that the group?s consolidated loss per share and headline loss per share for the six months ended 31 December 2015 are estimated to range between 63.2 cents a share and 81.0 cents per share, compared with the earnings per share of 89.2 cents and headline earning per share of 89.4 cents reported for the six months ended 31 December 2014. The aforementioned range expressed in percentage terms, is a decrease of between 171% and 191%.



The anticipated decline in earnings is attributable to:

- the consolidation of the Zambezi Platinum (RF) Ltd. (Zambezi Platinum) preference share dividends into the Northam group results;

- lower metal prices; and

- the impairment of non-core assets.



Zambezi Platinum?s preference share dividends were not a feature of the comparable H1 2014 results, as the Black Economic Empowerment transaction had not yet been concluded. Despite the difficult economic circumstances prevailing during the reporting period, both of Northam?s mining operations posted an operating profit. The total operating profit is expected to be between 60% and 70% lower than the comparable period in F2014.



The weighted average number of shares in issue for the six months ended 31 December 2015 was 349 875 750 shares (H1 2014: 397 586 096 shares). This trading statement has not been reviewed or reported on by the group?s auditors. The interim results for the six months ended 31 December 2015 are anticipated to be published on or about 26 February 2016.
05-Feb-2016
(Official Notice)
Northam is pleased to announce that it has entered into a subscription agreement (?agreement?) with the Industrial Development Corporation of South Africa Limited (?IDC?) in terms of which the IDC has agreed to subscribe for new domestic medium term notes (?notes?) to be issued by Northam, in an amount of R250 million (?proceeds?).



The proceeds will further strengthen Northam?s balance sheet and will be applied to the development of the company?s Booysendal expansion projects.



Completion of the Booysendal projects will result in a significant expansion of Northam?s operating capacity as well as the creation of new employment opportunities. Pursuant to the agreement, the notes may be issued at Northam?s election until 30 September 2016 and will have a 3 year term and bear a floating rate of 3.9% above the 3 month JIBAR.



11-Dec-2015
(Official Notice)
Northam shareholders are advised that Mr TI (Temba) Mvusi and Ms HH (Hester) Hickey have been appointed as independent non-executive directors to the board of Northam and as members of the audit and risk committee, with effect from 1 January 2016.
11-Nov-2015
(Official Notice)
Northam shareholders (?shareholders?) are advised that at the annual general meeting (?AGM?) of shareholders held on Wednesday, 11 November 2015, the ordinary and special resolutions, as set out in the notice of AGM dated 25 September 2015, were approved by the requisite majority of shareholders present or represented by proxy thereat, with the exception of ordinary resolutions 2.2 and 4.1, which were withdrawn prior to the commencement of the AGM.



Mr M E Beckett retired from the board of directors at the conclusion of the AGM and did not avail himself for re-election as a director or member of the audit and risk committee. The board would like to thank Mr Beckett for his valuable contribution to the company during his sixteen year tenure as a director of Northam.
23-Oct-2015
(Official Notice)
Northam announced that it has agreed terms to extend its co-operation agreement with Heraeus Deutschland GmbH - Co. KG (Heraeus) and Heraeus South Africa (Pty) Ltd. (HSA). The agreement will cement the strategic partnership between the companies and support Northam?s expansion plans. In terms of the agreement Heraeus will contribute EUR20 million (approximately R300 million at the current exchange rate) to expand the capacity of Northam?s existing smelter, with the construction of a 20MW second furnace at the Zondereinde metallurgical complex. The total cost of the expansion is estimated at R750 million.



The agreement also provides for the renewal of the current offtake and toll refining agreements with Heraeus, and a represents a landmark initiative in which both parties will also support product development and optimisation.



Heraeus? capital contribution will be fixed according to a progress schedule, and paid in tranches. The furnace is planned to be commissioned by the end of the 2017 calendar year. In return Northam will renew its toll refining agreement with Heraeus and HSA for a period of 20 years at competitive terms. Northam also undertakes to sell up to 40% of its production to Heraeus or HSA at market prices. The various elements of the agreement underscore Northam?s plans for growth and expansion, underpinned by a conservative approach to capital expenditure, particularly in the current climate of metal price weakness.
20-Oct-2015
(Official Notice)
Northam Platinum advised that a three year wage agreement has been concluded between mining contractor, Murray and Roberts Cementation (MRC) and its representative unions, the Association of Mineworkers and Construction Union, the National Union of Mineworkers and Solidarity across MRC operations. This agreement will consequently be applied at the Booysendal Mine.



The agreement provides for increases in line with other recent wage agreements in the industry.
01-Oct-2015
(Official Notice)
Northam shareholders are referred to the SENS announcement dated 10 February 2015 wherein shareholders were advised that Northam had entered into a sale of assets agreement with Aquarius Platinum (South Africa) (Pty) Ltd to acquire the Everest Mining Assets and Everest Mining Right for a total cash purchase consideration of R450 million (excluding VAT), comprising R400 million for the Everest Mining Assets (Part A Sale) and R50 million for the Everest Mining Right (Part B Sale). Shareholders are also referred to the SENS announcement dated 23 April 2015, wherein shareholders were advised that the Part A Sale had become unconditional.



Northam is pleased to announce that the parties have obtained consent in terms of section 11 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002 to transfer the Everest Mining Right to Northam. The conditions precedent to the Part B Sale have therefore been fulfilled and the Part B Sale has become unconditional. The Part B Sale will be implemented on 8 October 2015.
30-Sep-2015
(Official Notice)
The annual general meeting of Northam shareholders will be held at Glen Hove Conferencing, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa on Wednesday, 11 November 2015 at 10:00 to transact the business as stated in the notice of annual general meeting, forming part of the abridged annual report 2015 (?notice and abridged report 2015?).



No change statement

Shareholders are advised that the summarised audited financial statements for the 12 months ended 30 June 2015 as contained in the notice and abridged report 2015, will be distributed electronically to shareholders today, 30 September 2015, whilst the physical mailing process of the notice and abridged report 2015 is expected to be completed by no later than Friday, 2 October 2015. The audited annual financial statements 2015 contain no material modifications to the reviewed preliminary results, which were published on SENS on 20 August 2015.



The annual integrated report 2015 containing the full audited annual financial statements, and the notice and abridged report 2015, are available at www.northam.co.za or can be obtained from the company?s registered office on request.



The salient dates of the annual general meeting are as follows:

*Record date to determine which shareholders are entitled to receive the notice and abridged report 2015 Friday, 18 September 2015

*Posting date of the notice and abridged report 2015 Wednesday, 30 September 2015

*Last day to trade in order to be eligible to attend and vote at the annual general meeting Friday, 30 October 2015

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting Friday, 6 November 2015

*Forms of proxy for the annual general meeting to be lodged by 10:00 on Tuesday, 10 November 2015

*Annual general meeting at 10:00 on Wednesday, 11 November 2015

*Results of annual general meeting released on SENS on Wednesday, 11 November 2015
28-Sep-2015
(Official Notice)
Northam and Zambezi Platinum announced that their registered office will, with effect from 1 January 2016, change to: Building 4, 1st Floor, Maxwell Office Park, Magwa Crescent West, Waterfall City, Jukskei View, 2090.



The postal address of Northam and Zambezi Platinum will remain as: PO Box 412694, Craighall, 2024.
11-Sep-2015
(Official Notice)
Northam wishes to advise shareholders that the credit rating agency, Global Credit Rating Co. (?GCR?), has upgraded Northam?s short term credit rating from A2(ZA) to A1-(ZA) and reaffirmed the Company?s long term rating of BBB+(ZA) with the outlook accorded as Stable.



Northam?s upgrade in its short term credit rating was obtained despite the industry outlook remaining negative on account of, inter alia, depressed platinum group metal (PGM) prices and cost inflation, illustrating the benefits of the Group?s liquid balance sheet and strong shareholder support.



GCR has published a detailed credit rating report (available from GCR at http://globalratings.net) detailing the key criteria which form the basis for its rating, these include:

* The impact of Northam?s fully funded R6.6 billion black economic empowerment transaction, which raised Northam?s empowerment levels to 35.4%, on a secured basis for 10 years, and incorporated a cash injection of R4.6 billion, notably enhancing Northam?s liquidity and flexibility.

* Increased production supported the uplift in PGM sales, which saw the Group?s revenue increase to over R6 billion for the first time in the 2015 financial year.

* Higher Booysendal Mine output and general cost rigour underpinned a recovery in the Group?s operating profit margin.

* The Booysendal Mine increasing the Group?s operational stability and reducing the concentration of risk. The mine is set to reach steady production in the second half of calendar 2015.

* A reduction in capital expenditure during the 2015 financial year both deliberate and occasioned by the virtual completion of the Booysendal North, Phase 1.

* Northam?s redemption of the R1.4 billion in three-year domestic medium term notes thereby reducing the Group?s debt to negligible levels.

* The three-year wage agreement recently concluded at Northam?s Zondereinde mine with the National Union of Mineworkers.
20-Aug-2015
(C)
Sales revenue increased to R6 billion (2014: R5.3 billion). Operating profit jumped to R595.8 million (2014: R61.5 million), loss attributable to owners of the parent came in at R1 billion (2014: profit of R9.5 million), while headline loss per share was 202.9 cents (2014: earnings of 2.2 cents).



Dividend

Given the current difficult conditions in the industry, and the potential cash requirements of the group's operations and for the continued development of its assets, the board has resolved not to declare a dividend for the F2015 year (F2014: nil cents per share).



Prospects

Whilst the outlook for PGMs in the short to medium term is likely to remain subdued the economic and social factors affecting the country have resulted in a precarious economic situation. Higher costs, mainly from labour and power inputs have eroded operating margins. However, Northam is well placed to take advantage of opportunities that may arise from the current adverse economic conditions.



The recent three-year wage agreement with the recognised union at the Zondereinde mine provides stability going forward and allows management to focus on operational matters. On the eastern limb social unrest poses a risk to normal operations at Booysendal.



The group's financial performance depends largely on better metal prices, and a stable working environment. Management is confident that the group's strong balance sheet and prudent financial controls will provide support until such time that metal prices rise sustainably.
17-Aug-2015
(Official Notice)
30-Jul-2015
(Official Notice)
Northam advised that wage negotiations at its Zondereinde mine have been concluded with the representative union, the National Union of Mineworkers. The three-year agreement provides for increases on basic wages and allowances of 13.0% for entry level underground employees in year 1, 11.6% in year 2 and 10.5% in year 3. Supervisory employees will receive a basic increase of 7.5% per year for each of the three years.
23-Jul-2015
(Official Notice)
Further to the announcement on 21 July 2015, Northam advised shareholders that operations at its Booysendal mine have normalised. This follows on a successful intervention by the Minister of Mineral Resources, officials from the Department of Mineral Resources and local authorities to seek to resolve the issues that appear to have fuelled the community unrest. Milling operations continued whilst employees were prevented from getting to work.
21-Jul-2015
(Official Notice)
Shareholders are advised that civil unrest in the form of protests by communities in the Steelpoort valley is impacting the company's production effort at its Booysendal mine. Protesters have been blocking roads and disrupting transport which has prevented employees getting to work. There have also been incidents of damage to the Lebalelo pipeline which supplies water to eastern limb operations. Whilst mining operations have been disrupted, milling from the surface stockpile is continuing. Shareholders will be advised of further developments.
02-Jun-2015
(Official Notice)
Northam advises that the company?s sponsored ADR Level 1 program, through the Bank of New York Mellon (?BNY Mellon?), will terminate with effect from 15 June 2015.



The ADR program has attracted little or no interest since it was established in June 2011.



BNY Mellon ceased issuing Northam ADR?s on 1 June 2015.
18-May-2015
(Official Notice)
Northam shareholders (?Shareholders?) are referred to the Northam offer circular dated 21 April 2015 (?Offer Circular?) regarding the offer by Northam, on behalf of Zambezi Platinum, of 112 195 122 preference shares in Zambezi Platinum to existing Shareholders in proportion to their shareholding in Northam, through the issue of renounceable nil paid letters of allocation. Unless otherwise stated, the capitalised terms and expressions used in this announcement bear the same meanings ascribed thereto in the Offer Circular.



Pursuant to the Offer, applications to subscribe for 174,128,116 new Zambezi Platinum Preference Shares were received, representing 155% of the Offer Shares. Accordingly, Zambezi Platinum has successfully raised the funds required for purposes of acquiring 112 195 122 new Northam Shares for an aggregate amount of R4.6 billion.



Issue of offer shares

Dematerialised Shareholders (or their renouncees or transferees) registered as such on the Record Date, who validly subscribed for Offer Shares and/or Excess Offer Shares, will have their accounts with their CSDP or Broker credited with Offer Shares to which they are entitled today, Monday, 18 May 2015 and with Excess Offer Shares (if applicable), on Wednesday, 20 May 2015. Certificated Shareholders (or their renouncees or transferees) registered as such on the Record Date, who validly subscribed for Offer Shares and/or Excess Offer Shares, will have share certificates in respect of the Offer Shares to which they are entitled posted to them via registered post (at their own risk) on Monday, 18 May 2015 and in respect of Excess Offer Shares (if applicable), on Wednesday, 20 May 2015.
23-Apr-2015
(Official Notice)
Northam shareholders are referred to the SENS announcement dated 10 February 2015, wherein Shareholders were advised that Northam had entered into a sale of assets agreement with Aquarius Platinum (South Africa) (Pty) Ltd to acquire the Everest Mining Assets and Everest Mining Right, for a total cash purchase consideration of R450 million, comprising R400 million for the Everest Mining Assets and R50 million for the Everest Mining Right.



Northam is pleased to announce that all the Part A Conditions Precedent have been fulfilled, as a result of which the Part A Sale has become unconditional. The Part A sale will be implemented on 26 June 2015, when Northam will acquire the Everest Mining Assets for a cash purchase consideration of R400 million.



The Part B Sale, pursuant to which Northam will acquire the Everest Mining Right for a cash purchase consideration of R50 million, remains conditional on the Minister of Mineral Resources granting consent for the transfer of the Everest Mining Right to Northam in terms of section 11 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002.

17-Apr-2015
(Official Notice)
Shareholders are referred to the declaration and finalisation announcement released on SENS on Friday, 10 April 2015, regarding the offer by Northam, on behalf of Zambezi Platinum Ltd. ("Zambezi Platinum"), of 112 195 122 preference shares in Zambezi Platinum which will be listed on the exchange operated by the JSE Ltd., to existing Shareholders in proportion to their shareholding in Northam through the issue of renounceable nil paid letters of allocation (?Offer?).



In order to give Shareholders information regarding Zambezi Platinum for purposes of the Offer, Zambezi Platinum has addressed a prospectus to the Shareholders, as contemplated in section 99 of the Companies Act, No. 71 of 2008 (?Companies Act?), read with regulation 56 of the regulations promulgated under the Companies Act (?Prospectus?). Shareholders are advised that electronic copies of the circular providing full details of the Offer (?Offer Circular?) and the Prospectus are now available on the Northam website at www.northam.co.za. The Offer Circular, form of instruction (where applicable) and the Prospectus are expected to be posted to Northam shareholders on Tuesday, 21 April 2015.



Shareholders who hold Northam ordinary shares in certificated form are requested to contact Northam?s transfer secretaries (at the contact details included in the Offer Circular) with any queries regarding the form of instruction issued in respect of the LAs relating to the Offer.
10-Apr-2015
(Official Notice)
10-Apr-2015
(Official Notice)
In compliance with paragraph 3.59 of the JSE Ltd. Listings Requirements, shareholders of Northam are advised that Mr JAK Cochrane has resigned as a director, with effect from 15 April 2015.



The board would like to thank Mr Cochrane for his valuable contribution to the company during his tenure as a director of Northam.
19-Mar-2015
(Official Notice)
Northam shareholders (?shareholders?) are advised that at the general meeting (?GM?) of shareholders held on Thursday, 19 March 2015, the special and ordinary resolutions, as set out in the notice of GM dated 17 February 2015, were approved by the requisite majority of shareholders present or represented by proxy at the GM.



In summary, the resolutions essential to the implementation of the proposed black economic empowerment transaction received shareholder approvals of between 98.6% and 99.1%. The proposed change in Northam?s memorandum of incorporation received 84.3% shareholder approval. More than 91% of Northam?s shareholders voted on the resolutions.
12-Mar-2015
(Media Comment)
Business Day reports that Northam, through Tenova Pyromet, will build a new furnace at its Tabazimbi mine and processing plant to accommodate the planned expansion Northam is planning. The new furnace, costing about R500 million, will handle concentrate from Booyensdal production and will be operative within two years. Construction on the furnace will start in the 3rd quarter of 2015.
10-Mar-2015
(Official Notice)
Prior to this announcement ENRC N.V. ("ENRC") held 51 732 782 ordinary shares in Northam ("Shares"), constituting approximately 13.01% of Northam?s issued share capital ("ENRC Stake").



Following a strategic review by ENRC, it concluded that the ENRC Stake represented a non- core asset and resolved to dispose thereof in an orderly manner and informed Northam of this intention.



ENRC and Northam jointly appointed One Capital as sole bookrunner to conduct a bookbuild ("Bookbuild") in respect of the ENRC Stake.



The entire ENRC Stake was placed in the Bookbuild.



Outcome of the Bookbuild

Following an oversubscription by qualifying institutional investors ("Institutions") in terms of the Bookbuild, the entire ENRC Stake was placed at a price of R48.25 per Northam share ("Bookbuild Price"), representing a total transaction value of approximately R2.5 billion.



The Bookbuild Price represents a discount of approximately 1% to the closing price per Share on the day preceding the booking of the Bookbuild trades.



Expressions of support in respect of Northam?s BEE transaction

All of the Institutions have expressed support ("Expressions of Support") for Northam?s Black Economic Empowerment transaction ("Northam?s BEE Transaction"), further details of which are contained in the circular to Northam shareholders dated 17 February 2015 ("Circular").



These Expressions of Support, combined with the irrevocable undertakings already received from other Northam shareholders to vote in favour of the resolutions pertaining to Northam?s BEE Transaction (as set out in the Circular), indicate strong support for Northam?s BEE Transaction.



Prescribed notification

In accordance with paragraph 3.83(b) of the JSE Limited Listings Requirements and section 122 of the Act, Northam shareholders are advised that Northam has received a notification from ENRC that it has disposed of its entire shareholding in Northam such that its shareholding in Northam now amounts to 0% of the total number of Shares in issue.



Northam will file the relevant notices with the Takeover Regulation Panel, as required in terms of section 122(3)(a) of the Act.
20-Feb-2015
(C)
Sales revenue increased by 32.7% to R3.0 billion (R2.3 billion) whilst operating profit was recorded at R399.0 million (operating loss of R99.5 million). Profit attributable to owners of the parent was at R354.6 million (loss of R96.3 million). Furthermore, headline earnings per share was at 89.4cps (headline loss per share of 25.0cps).



Dividend

The board has resolved not to declare an interim dividend but will review the dividend policy at financial year-end.



Prospects

The outlook for metal prices remains subdued with some relief for South African producers coming from a weakening exchange rate. The unstable supply of electricity by Eskom is also a major concern for maintaining production momentum.



The company's two year wage agreement with the NUM expires at the end of June 2015 and negotiations for a new wage agreement are expected to start before the end of the financial year.



The financial strength of the group is therefore dependent on stable labour relations and achieving production targets as well as realising metal prices which comfortably exceed the cost of production.



Despite the difficult operating conditions, the company remains well positioned for the future.
17-Feb-2015
(Official Notice)
Shareholders are referred to the SENS announcement on 22 October 2014 in which they were advised that Northam had concluded a fully funded R6.6 billion ten year secured Broad Based Black Economic Empowerment transaction, incorporating a fully funded R4.6 billion equity capital raising (collectively, the ?Transaction?). The Transaction will secure a sustainable 35.4% Historically Disadvantaged South African (?HDSA?) interest in Northam and simultaneously secure funding for the company?s expansion and growth plans.



Notice is hereby given that a general meeting of Northam shareholders (?general meeting?) will be held at Glen Hove Conferencing, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa on Thursday, 19 March 2015 at 10:00 for shareholders to consider and, if deemed fit, pass the special and ordinary resolutions, with or without modification.



A circular, incorporating the full terms and conditions pertaining to the Transaction and the notice of general meeting containing the proposed resolutions to give effect to the Transaction (the ?circular?), was posted to shareholders today, Tuesday, 17 February 2015. The circular is available on the company?s website www.northam.co.za and copies available at the company?s registered office until the date of the general meeting.



The salient dates for the general meeting are:

*Record date to determine which shareholders are entitled to receive the circular on Friday, 6 February 2015

*Last day to trade in shares in order to be recorded in the register in order to vote at the general meeting onFriday, 6 March 2015

*Record date to determine which shareholders are entitled to vote at the general meeting onFriday, 13 March 2015

*Forms of proxy to be received by the transfer secretaries by 10:00 on Wednesday, 18 March 2015

*General meeting to be held at 10:00 on Thursday, 19 March 2015

*Results of the general meeting released on SENS on Friday, 20 March 2015
11-Feb-2015
(Official Notice)
Shareholders are advised that the group?s earnings and headline earnings per share for the six months ended 31 December 2014 are estimated to range between 80 cents per share and 98 cents per share, compared to the loss and headline loss of 25 cents per share reported for the six months ended 31 December 2013. The aforementioned range expressed in percentage terms is an increase of between 420% and 492%.



The anticipated increase in earnings is attributable to higher production volumes from both the Zondereinde and Booysendal divisions. In the previous comparable period Zondereinde?s results were negatively impacted by the effects of a protracted strike, while Booysendal?s output continues to grow in line with the mine?s ramp-up. The weighted average number of shares in issue for the six months ended 31 December 2014 is 397 586 096. This trading statement has not been reviewed or reported on by the group?s auditors. The interim results for the six months ended 31 December 2014 are anticipated to be released on or about the 20 February 2015.
10-Feb-2015
(Official Notice)
20-Jan-2015
(Official Notice)
Northam Platinum advises that following constructive discussions between management and the NUM leadership at Zondereinde mine over the past few days, the parties have agreed to a process to bring the industrial action to a close, and to create an enabling environment to resolve the current impasse.



The conditions attached to the understanding reached include the following:

*The principle of no work no pay will apply

*Adherence to the Peace and Stability Framework for the mining industry

*An acceptable process to deal with the issues in dispute raised during the strike



Employees will start returning to work with effect from the night shift today, Tuesday 20 January. Zondereinde general manager Danny Gonsalves welcomed the end to the industrial action and thanked all parties for the constructive discussions which led to this point.

19-Jan-2015
(Official Notice)
Discussions continue between management and NUM leadership



Northam advises that the situation at the company?s Zondereinde Mine remains unchanged while management continues to engage with the National Union of Mineworkers (NUM) in a bid to normalise operations as soon as possible.



Strike action led by the NUM started with the night shift on Tuesday 13 January 2015. Following employees? failure to return to work, in contravention of the terms of a Labour Court interdict, management temporarily suspended operations at the mine amidst rising tension amongst striking and non-striking employees. Effectively, operations have been suspended since Friday, 16 January 2015 in the interests of securing the safety and security of employees and company property.



Essential services employees continue to report for duty as per existing agreements while smelter operations continue.



The ongoing strike action results in production losses of around 1 000oz of PGMs per day, equating to revenue of R11.5 million per day. Employees forfeit wages and benefits in the order of R2.4 million per day.
16-Jan-2015
(Official Notice)
Northam advised that management has taken a decision to temporarily suspend operations at the Zondereinde Mine in the interests of securing the safety and security of employees and company property. Employees who are members of the National Union of Mineworkers (NUM) embarked on an unprotected strike on Tuesday 13 January 2015. Only essential services employees will be expected to report for duty as per existing agreements.



This decision has been taken amidst rising tension at the mine, owing to incidents of intimidation, assault and threats of violence towards non-striking employees and damage to property on 15 January 2015. A large number of employees signalled a desire to return to work on 15 January in line with the direction of the Labour Court.



Zondereinde management continues to engage with the NUM in a bid to normalise operations as soon as possible and urges the NUM to take heed of the Peace and Stability Framework for the Mining Industry, signed in February 2013.



At the same time, the company will follow disciplinary procedures in respect of employees who failed to heed the direction of the Labour Court to return to work. This could result in dismissals.



Zondereinde?s smelter operations continue to operate.



It should be noted that:

* Zondereinde Mine produces approximately 65% of Northam?s annual production.

* Production losses amount to around 1 000oz of PGMs per day, equating to revenue losses of R11.5 million per day. Employees forfeit wages and benefits of the order of R2.4 million per day.

* Zondereinde Mine employs 6 600 permanent employees and 2 100 contractors.
15-Jan-2015
(Official Notice)
Following the court interdict served on Northam's striking Zondereinde employees on 14 January 2015, over 40% of the shift complement of some 4 600 people reported for the morning shift at the mine on 15 January 2014. Management has provided those remaining striking employees with a final opportunity to return to work by 16 January 2015 failing which disciplinary measures will be instituted as provided for in the Labour Court?s interdict declaring the strike to be unprotected. This disciplinary process may include dismissal.
14-Jan-2015
(Official Notice)
As announced earlier today, 14 January 2015, Northam?s urgent application for an interdict in respect of unprotected industrial action at the Zondereinde mine has been granted by the Labour Court. Employees have been directed to return to work and failure to do so could result in disciplinary action or possibly dismissal.



The industrial action started from the night shift on 13 January 2015. Management has since received a communique from representatives of the National Union of Mineworkers (NUM) with regard to its concerns, which appear to relate to recruitment, disciplinary and leave processes and agreements.



In terms of the recognition agreement with the NUM and the provisions of the Labour Relations Act, Northam has established processes and channels in place to deal with issues of this nature without resorting to industrial action.



Management has urged the union to effect a return to work from 15 January 2015, following which the company will engage with the union on the matters raised. Smelter operations remain unaffected.
14-Jan-2015
(Official Notice)
Industrial action at Northam?s Zondereinde Mine



Northam confirms that employees at the Zondereinde Mine, in Limpopo, embarked on unprocedural industrial action with effect from the night shift on 13 January 2015.



Zondereinde management is seeking to engage with representatives of the National Union of Mineworkers (NUM) in an effort to understand the cause of the industrial action, and to expeditiously resolve the matter. Management has communicated with employees, and has sought an urgent application to the Labour Court for the action to be declared unprotected, and requiring employees to return to work.



Zondereinde?s smelter operations are unaffected.



Shareholders will be kept informed of further developments.
12-Dec-2014
(Official Notice)
Northam shareholders are referred to the announcement dated 22 October 2014 (?Announcement?) regarding Northam?s fully funded R6.6 billion 10 (ten) year secured BEE transaction, incorporating a fully funded R4.6 billion equity capital raising. Unless otherwise indicated, capitalised terms contained in this announcement shall bear the same meaning as the capitalised and defined terms contained in the Announcement.



Pro forma financial effects of the Transaction

Before and After the Transaction

*Earnings per Northam Share (cents) -- 2.40; (607.30)

*Headline earnings per Northam Share (cents) -- 2.20; (607.60)

*Diluted earnings per Northam Share (cents) -- 2.40; (607.30)

*Diluted headline earnings per Northam Share (cents) -- 2.20; (607.60)

*Net asset value per Northam Share (cents) -- 2 865; 2 584

*Net tangible asset value per Northam Share (cents) -- 2 865; 2 584

*Weighted number of Northam Shares in issue -- 390 969 652; 343 259 321

*Diluted weighted average number of Northam Shares in issue -- 390 969 652; 343 259 321

*Number of Northam Shares in issue -- 397 586 090; 349 875 759



Withdrawal of cautionary announcement

Shareholders are advised that as a result of the publication of the Financial Effects, caution is no longer required to be exercised when dealing in the company?s securities.



Extension to the 60 day rule

Shareholders are further advised that the company has received an extension from the JSE, to the 60 day rule described in paragraph 11.19 of the JSE Listings Requirements and will advise Shareholders of the dates upon which the Transaction circular is expected to be published in due course.
06-Nov-2014
(Official Notice)
Northam shareholders ("shareholders") are advised that at the annual general meeting ("AGM") of shareholders held on Wednesday, 5 November 2014, the ordinary and special resolutions, as set out in the notice of AGM dated 1 October 2014, were approved by the requisite majority of shareholders present or represented by proxy thereat, with the exception of special resolution no.3 (general authority to repurchase issued shares).



The required special resolutions will be lodged with the Companies and Intellectual Property Commission in due course.



The total number of Northam shares eligible to vote at the AGM is 397 586 090. The number of shares voted in person or by proxy was 348 076 861 representing 87.55% of the total issued share capital of the company.
22-Oct-2014
(Official Notice)
01-Oct-2014
(Official Notice)
The annual general meeting of Northam shareholders will be held in Room HB1, Hackle Brooke, 110 Conrad Drive, corner Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg, South Africa on Wednesday, 5 November 2014 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the abridged annual report 2014 (notice and abridged report 2014).



No change statement

Shareholders are advised that the summarised audited financial statements for the 12 months ended 30 June 2014 as contained in the notice and abridged report 2014, will be distributed electronically to shareholders today, 1 October 2014, whilst the physical mailing process of the notice and abridged report 2014 is likely to be delayed by several weeks due to ongoing industrial action by employees of the South African Post Office. The audited annual financial statements 2014 contain no material modifications to the reviewed preliminary results, which were published on SENS on 14 August 2014.



The annual integrated report 2014 containing the full audited annual financial statements, and the notice and abridged report 2014, are available at www.northam.co.za or can be obtained from the company?s registered office on request.



The salient dates of the annual general meeting are as follows:

*Record date to determine which shareholders are entitled to receive the notice and abridged report 2014 Friday, 19 September 2014

*Posting date of the notice and abridged report 2014 Wednesday, 1 October 2014

*Last day to trade in order to be eligible to attend and vote at the annual general meeting Friday, 24 October 2014

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting Friday, 31 October 2014

*Forms of proxy for the annual general meeting to be lodged by 10h00 on Monday, 3 November 2014

*Annual general meeting at 10h00 on Wednesday, 5 November 2014

*Results of annual general meeting released on SENS on Wednesday, 5 November 2014
19-Sep-2014
(Official Notice)
Northam shareholders are referred to the cautionary announcements released on SENS, the last of which was released on Friday, 8 August 2014, wherein shareholders were advised of a proposed transaction to increase Northam's Historically Disadvantaged South African share ownership levels within the company (proposed HDSA transaction).



Shareholders are further advised that details of the proposed HDSA transaction are being finalised and the proposed transaction, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
14-Aug-2014
(C)
Revenue increased by 20.8% to R5.3 billion (R4.4 billion). Net attributable profit dropped to R9.5 million (R504.9 million). In addition, headlines earnings per share was down to 2.2cps (136.5cps).



Outlook

Mining operations have a limited life by nature and their operations are dependent on, amongst other things, geological, technical as well as economic factors such as demand volumes, commodity prices and exchange rates. The outlook for the global economy remains uncertain and the labour relations, especially in the mining and related sectors in South Africa are fragile. Although there are signs that the United States is emerging out of recession and the Eurozone economy has bottomed out, the Chinese economic performance is still uncertain.



The volatile rate of exchange of the South African rand against the US dollar has weakened significantly recently. In addition average PGM prices in US dollar terms seem to have bottomed out. Management believes however that, assuming uninterrupted production and the availability of operational cash flows and borrowing facilities, the group remains a going concern.
08-Aug-2014
(Official Notice)
Northam shareholders are referred to the previous cautionary announcement released on SENS on Friday 27 June 2014, wherein shareholders were advised of a proposed transaction to increase Northam?s Historically Disadvantaged South African share ownership levels within the company (proposed HDSA transaction).



Shareholders are further advised that details of the proposed HDSA transaction are being finalised and the proposed transaction, if successfully concluded, may have a material effect on the price of the company?s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a full announcement is made.
05-Aug-2014
(Official Notice)
Shareholders are advised that the group?s earnings per share and headline earnings per share for the year ended 30 June 2014 are estimated to range between a loss of 8.0 cents per share and earnings of 12.0 cents per share, compared to the earnings of 132.0 cents per share and headline earnings of 136.5 cents per share that were reported for the year ended 30 June 2013.



The anticipated decline in earnings reflects the negative impact of industrial action that resulted in the suspension of production at the group's Zondereinde mine from 3 November 2013 to 21 January 2014. In addition, the new Booysendal mine is still ramping up to full production and is yet to contribute positively to the group?s earnings. The weighted average number of shares in issue for the year ended 30 June 2014 increased to 390 969 652, compared to 382 560 902 shares for the year ended 30 June 2013, following a rights offer concluded in December 2013.



The information contained in this trading statement has not been reviewed or reported on by the group?s auditors. It is anticipated that the reviewed preliminary results for the year ended 30 June 2014 will be released on or about 14 August 2014.



28-Jul-2014
(Official Notice)
The management of Northam advised of an incident at the company's Zondereinde mine on the afternoon of Sunday 27 July 2014 during routine maintenance work in the shaft.



The incident occurred in the mine's No.1 Shaft when a counterweight in one of the shaft's hoisting compartments became detached and fell down to the bottom causing damage to the steelwork between 12 and 13 levels, approximately 2 000 metres underground. There were no injuries.



The shaft will be out of commission for up to six weeks for repairs. During this time the mine's production will be reduced by approximately 50%. No 2 shaft remains fully operational.



Further investigations into the cause of the incident will be carried out together with the DMR.
27-Jun-2014
(Official Notice)
Northam shareholders are referred to the cautionary announcements released on SENS on Thursday, 27 March 2014 and Thursday 15 May 2014, wherein shareholders were advised of a proposed transaction to increase Northam's Historically Disadvantaged South African share ownership levels within the company (proposed HDSA transaction). Shareholders are further advised that details of the proposed HDSA transaction are being finalised and the proposed transaction, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
15-May-2014
(Official Notice)
Northam shareholders are referred to the cautionary announcement released on SENS on Thursday, 27 March 2014, wherein shareholders were advised of a proposed transaction to increase Northam's Historically Disadvantaged South African share ownership levels within the company (proposed HDSA transaction).



Shareholders are further advised that the proposed HDSA transaction is still in progress and if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a full announcement is made.
27-Mar-2014
(Official Notice)
In an announcement published on SENS on 3 August 2012, Northam shareholders were advised that as a result of the then significant decline in the share prices of platinum group metal producers, certain of Northam's HDSA (Historically Disadvantaged South African) shareholders had been compelled to dispose of a significant portion of their Northam shares following the breach of related finance agreement covenants.



In this regard, Northam has made significant progress in structuring a proposed transaction which will increase its HDSA ownership level (proposed HDSA transaction). The terms of the proposed HDSA transaction are being finalised and a detailed announcement in this regard will be released in the near future.



The detailed terms of the proposed HDSA transaction may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement in this regard is made.
21-Feb-2014
(C)
Sales revenue increased by 3.7% to R2.3 billion (R2.2 billion) whilst operating loss was recorded at R99.5 million (operating profit of R266 million). Loss attributable to owners of the parent was at R96.3 million (profit of R136.2 million). Furthermore, headline loss per share was at 25cps (headline earnings per share of 36.3cps).



Dividend

Owing to the continued uncertainty prevailing in the mining industry and the continuing cash requirements at the Booysendal mine to complete the capital footprint, the board has resolved not to declare an interim dividend for F2014 (F2013: nil cents per share).



Prospects

Social and economic uncertainty coupled with labour turbulence is likely to continue to influence the long term sustainability of the platinum industry in the foreseable future. Barring any disruptions to Northam's operations in the second half of the financial year, the Zondereinde mine is expected to recover to a steady state of production and the Booysendal mine to continue its production build-up. The financial performance of the company for the full year however, will be negatively impacted by the 11 week strike which ended on 21 January 2014.

19-Feb-2014
(Official Notice)
The board of Northam announces the appointment of Mr Paul Dunne as successor to Mr Glyn Lewis, current Chief Executive Officer (CEO) of Northam. This follows a decision by Mr Lewis to slightly accelerate his retirement plans as Northam?s CEO. In the best interests of Northam and in order to ensure a smooth transition, the board is therefore pleased to confirm that Mr Lewis will remain an employee of Northam until his current employment contract expires on 30 June 2014.

06-Feb-2014
(Official Notice)
Shareholders are advised that Northam anticipates reporting a loss per share and headline loss per share of between 15 and 25 cents for the reporting period ended 31 December 2013. This compares with earnings and headline earnings per share of 35.6 and 36.3 cents respectively for the six months ended 31 December 2012.



The expected decline in earnings is largely attributable to the industrial action which started on 3 November 2013 and ended on 21 January 2014 at the group's Zondereinde mine, which will cost the group approximately R750 million in lost revenue for F2014. The group's new Booysendal mine, which commenced production in July 2013, is still ramping up to full production, and is not yet in a position to contribute positively to the group's earnings. The weighted average number of shares in issue for the period ended 31 December 2013 increased to 384 461 090 compared to 382 536 125 shares in issue for the period ended 31 December 2012, reflecting the effects of the claw-back rights offer concluded in December 2013.



It is anticipated that the interim results for the six months ended 31 December 2013 will be released on or about 21 February 2014.
21-Jan-2014
(Official Notice)
Northam management is pleased to advise that the strike at the company's Zondereinde mine has ended. Employees are expected to return to work tomorrow, Wednesday 22 January 2014. This follows the signing of a two-year wage agreement this afternoon. The two-year wage agreement is based on increases on basic wages of 8.5% to 9.5% for Category 2 to 8 employees, and a 9% increase in the living out allowance; Category 9 to 10 employees' increases range from 7.5% to 8%, with a living out allowance increase of 7%.



Upon return to work, the company will pay an ex-gratia amount of R3 000. The terms for payment of the ex-gratia amount will be applied in the manner elected by employees, i.e either upfront or over time. Northam's revenue losses are estimated at R749.7 million and employees have lost R151.7 million in wages.
17-Jan-2014
(Official Notice)
Northam has been advised by the National Union of Mineworkers ("NUM") that it has accepted the company's final offer in terms of the negotiations around annual wage increases and conditions of employment. Northam management has since received a further request from the NUM for a meeting with management on Monday 20 January 2014. Management has agreed to a further meeting provided it is held under the auspices of the CCMA. The company will issue a statement once an agreement has been signed with the NUM.
06-Jan-2014
(Official Notice)
The management of Northam advised that it is seeking to secure a further meeting with the leadership of the NUM under the auspices of the CCMA in an attempt to resolve the strike action at the company?s Zondereinde platinum mine in Limpopo Province



The NUM's latest demands, tabled at a CCMA meeting on 07 December 2013, and which amount to an average increase of 16% in wages, and a 69% increase in the living out allowance, remain unaffordable for the company and out of kilter with the settlements reached in the gold sector and at a number of other platinum producers. To date the company has lost R500 million in revenue, and employees losses in wages have now reached the R100 million level. Shareholders will be kept informed of progress.
13-Dec-2013
(Official Notice)
The management of Northam advised that after a strike of six weeks, at its Zondereinde operation, by members of the National Union of Mineworkers, NUM's demands, in aggregate, remain at an increase of 16% on basic wages. In addition NUM demands an increase of 69% in the living out allowance.



Northam therefore has informed the CCMA that its final offer of wage increases ranging between 8% and 9% for non core and core employees in the A and B categories and an 8% increase in the living out allowance, conditional on a two year wage agreement, remains on the table. Northam has further proposed to the CCMA that, in the light of NUM's intransigent position, that the CCMA's mediation process be held in abeyance until the New Year.



Striking employees have lost R74 million in wages. Northam's revenue losses to date amount to some R450 million, with expected losses of R500 million for the year.
12-Dec-2013
(Official Notice)
Shareholders are referred to the announcement released on SENS on 20 September 2013. The company advised shareholders that the R400 million STRCF referred to in the announcement has been secured and is available to Northam. In parallel with the implementation of the STRCF, Northam has secured a complete special covenant holiday in respect of all existing debt covenants applicable to the current R1 billion RCF that pertain or are calculated with reference to Northam?s earnings before interest, tax, depreciation and amortisation over the next three measuring periods (i.e. ending on 31 December 2013, 30 June 2014 and 31 December 2014, respectively). The covenant holiday also applies to the R400 million STRCF.
09-Dec-2013
(Official Notice)
Northam shareholders are referred to the announcements published on SENS on 20 September 2013 and 1 November 2013, as well as the circular to shareholders issued on 18 November 2013 (circular), setting out the details of Northam?s fully subscribed R600 million renounceable claw-back rights offer of 15 million new Northam ordinary shares (claw-back shares) in the ratio of 3.92068 claw-back shares for every 100 Northam ordinary shares held on Friday, 15 November 2013, at a subscription price of R40 per claw-back share (offer). As set out in the circular, pursuant to the commitment agreement entered into between Northam and Coronation Asset Management Proprietary Limited (subscriber), the offer was fully subscribed for.



Dematerialised shareholders registered as such on the record date (or their renouncees), who validly subscribed for claw-back shares, will have their accounts with their central securities depository participant or broker credited with the claw-back shares to which they are entitled today, Monday, 9 December 2013. Certificated shareholders registered as such on the record date (or their renouncees), who validly subscribed for claw-back shares, will have share certificates in respect of the claw-back shares to which they are entitled posted to them via registered post, at their own risk, today, Monday, 9 December 2013.

28-Nov-2013
(Official Notice)
26-Nov-2013
(Official Notice)
The management of Northam confirms receipt of a memorandum delivered to the company?s corporate office in Johannesburg today, Tuesday 26 November following a march by members of the NUM. Northam financial director Ayanda Khumalo took delivery of the memorandum on behalf of the company. In accepting the union?s demands, Mr Khumalo acknowledged the disciplined approach of the marchers and the peaceful nature of the protest. The company will review the memorandum and respond to the union as soon as practicably possible.
20-Nov-2013
(Official Notice)
The management of Northam advised that revenue losses at the company's Zondereinde mine to date have grown to approximately R200 million. The revenue losses result from a strike by the National Union of Mineworkers (NUM) which has declined the company's offer for wage increases of up to 9%. Employees have lost R30 million in wages to date.



The strike entered its 14th day on 20 November 2013. On average, Zondereinde produces 1 000 oz (3PGE+Au) on a daily basis. The company cannot accede to the NUM's demands, which would significantly raise the cost base of the business and jeopardise the sustainability of the company and jobs, in the longer term.
18-Nov-2013
(Official Notice)
The management of Northam advises that the talks held at the Commission for Conciliation, Mediation and Arbitration (CCMA) on Friday 15 November 2013 to resolve the current impasse between the National Union of Mineworkers (NUM) and the management of the Zondereinde division of the company were inconclusive.



The company's offer of a 9% increase for core and 8% for non-core employees, and an 8% increase in the living out allowance, remains unchanged. This offer, made on 5 November, is inclusive of a 0.5% service increment.



The NUM's demands remain as follows for category 2-8 employees (A and B band employees)

*An increase for non-core employees of R2 000 on basic wages (equivalent to 22% - 42% at the lowest levels);

*An increase for core employees of R2 100 on basic wages (equivalent to 23% - 43% at the lowest level);

*The living out allowance to be increased by 69% from R2 200 to R3 718 monthly staggered in two tranches over six months.

*No multi-year agreement.



Northam has indicated its willingness to continue with facilitated talks, and is encouraged by the NUM's positive reaction to further discussions.
18-Nov-2013
(Official Notice)
shareholders are referred to the finalisation announcement released on SENS on 1 November 2013 and published in the press on 4 November 2013, regarding the fully subscribed R600 million renounceable claw-back rights offer ("offer"), in terms of which 15 million new Northam ordinary shares ("claw-back shares") will be offered to shareholders at a subscription price of R40 per claw-back share.



Shareholders are advised that the offer opened today and that the circular providing details of the offer ("circular") and a form of instruction, where applicable, was posted today, 18 November 2013. An electronic version of the circular is available on the Northam website at www.northam.co.za



Shareholders who hold Northam ordinary shares in certificated form are requested to contact the company's transfer secretaries with any queries regarding the forms of instruction issued in respect of letters of allocation relating to the offer.
13-Nov-2013
(Official Notice)
The board of Northam has taken note of a memorandum delivered by the NUM to Zondereinde management on Tuesday, 12 November 2013 requesting its involvement in the wage negotiation process. The directors would like to clarify the respective roles and functions of the board and management as follows:

* The board's role is to provide management with a mandate in the wage negotiation process, not to get involved in the day to day management functions

* The board conscientiously considered all the relevant factors before having provided management with a wage negotiation mandate

* Executive management keeps the board updated at all times on developments at the negotiating table.



The company would like to reiterate that the union has not indicated any willingness to move from its demand for basic wage increases of R2000 and R2100 per month for core and non-core employees respectively, and a living out allowance of R3718. These demands equate to wage increases of between 22% and 43% and an increase in the living out allowance of 69%. In addition to the basic wage demands above, all the other demands would have the effect of increasing the company's wage bill by 61%.



Management has acted on the board's mandate. The company has revised its offer three times. Given the economic conditions in the platinum industry, the current offer is the maximum the company can afford for the business to remain sustainable, and is at the top end of all other settlements in the industry to date. Furthermore, the longer the mine stands, the less affordable the offer becomes.



The NUM has continued to indicate its unwillingness to talk about percentage increases and its preference to deal with the actual quantum. The company's offer has been presented to the NUM in both formats.
06-Nov-2013
(Official Notice)
Northam shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 6 November 2013, all the ordinary and special resolutions, as set out in the notice of annual general meeting dated 27 September 2013, were approved by the requisite majority of Shareholders present or represented by proxy thereat, with the exception of ordinary resolution no.5 (approval of the group remuneration policy) and ordinary resolution no.8 (approval for the issuing of equity securities for cash). The required special resolutions will be lodged with the Companies and Intellectual Property Commission in due course.
05-Nov-2013
(Official Notice)
The management of the Zondereinde division of Northam advises that further discussions were held with the National Union of Mineworkers on Tuesday 5 November 2013. This follows on the industrial action at the Zondereinde mine which started on Monday 4 November 2013. By mutual agreement, details of the meeting are not being disclosed at this stage. A further statement will be made in due course.
04-Nov-2013
(Official Notice)
The management of the Zondereinde division of Northam advises that all stoping and development related activities were suspended last night, Sunday 3 November 2013, when employees did not report for duty. Further talks between the National Union of Mineworkers and management have been proposed for Tuesday 5 November 2013. All other services to keep the mine functional are continuing, including ventilation, pumping and smelting operations.
01-Nov-2013
(Official Notice)
31-Oct-2013
(Official Notice)
The management of the Zondereinde division of Northam advises that it has been served with a notice to strike by the National Union of Mineworkers (NUM) after the NUM rejected the company?s revised wage offer during a two-day facilitation process earlier this week. The facilitation process followed on from the parties? failure to reach agreement on wage increases and other issues for the 2014 financial year at the talks held on Friday 25 October 2013 under the auspices of the CCMA. The company tabled an improved offer, with increases ranging from 7.0% and 8% for the first year, and between 7.0% and 7.5% for year 2, or CPI +1%, whichever is the higher. The previous offers tabled ranged from 6.5% to 7.5% and 6.5% to 7%, or CPI +1%,



Northam has not been advised of any change in the demands of the NUM, which include, among other things:

*No multi-year wage deal

* Distinction between core (production employees) and non-core employees

*The demand for non-core employees is an increase of R2 000 on basic wages (equivalent to 22% - 42% at the lowest levels)

* The demand for core employees is an increase of R2 100 on basic wages (equivalent to 23% - 43% at the lowest level)

*The living out allowance to be increased by 69% from R2 200 to R3 718 monthly.



Combined the NUM demands equate to an average increase of 61%.



The company's revised offer would add approximately R117.3 million to the current annual wage bill of R1.3 billion. The strike is expected to begin with effect from the night shift on Sunday 3 November 2013, should the parties not be able to reach an agreement within the next 48 hours. General manager Danny Gonsalves noted that management will continue to seek to engage with the union in a constructive manner to achieve an outcome which is acceptable to both parties, and ultimately to ensure the sustainability of the operation and jobs in the long term.
28-Oct-2013
(Official Notice)
The management of the Zondereinde division of Northam confirmed that the company and the National Union of Mineworkers (NUM) continued their discussions with regard to the wage negotiations for the 2014 financial year on Friday, 25 October 2013, under the auspices of the Commission for Conciliation, Mediation and Arbitration (CCMA).



The NUM applied for a certificate of non-resolution, which was issued by the CCMA. The CCMA also recommended that the parties engage in further facilitated talks, to be held on Tuesday 29 October and Wednesday 30 October 2013.



The company has offered a two-year settlement incorporating wage increases ranging from 6% to

7.5% for the first year, and between 5.5% and 7% for year 2, or CPI +1%, whichever is the higher.

These distinctions are in line with the NUM demands that core employees be remunerated at a

higher level than non-core employees.



The NUM has rejected this offer tabling other demands. Combined the NUM demands equate to an average increase of 61%. Given Zondereinde's narrow cash operating margin after sustaining capital, general manager Danny Gonsalves has noted that he is encouraged by the agreement between the parties to continue discussions this week.
30-Sep-2013
(Official Notice)
The annual general meeting of Northam shareholders will be held in Room HB1, Hackle Brooke, 110 Conrad Drive, corner Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg, South Africa on Wednesday, 6 November 2013 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the abridged annual report 2013 ("notice and abridged report 2013").



No change statement

Shareholders are advised that the summarised audited financial statements for the 12 months ended 30 June 2013 as contained in the notice and abridged report 2013, will be distributed electronically to shareholders today, 30 September 2013, whilst the physical mailing process of the notice and abridged report 2013 is expected to be completed by no later than Friday, 4 October 2013. The audited annual financial statements 2013 contain no material modifications to the reviewed preliminary results, which were published on SENS on 15 August 2013.



The annual integrated report 2013 containing the full audited annual financial statements, the sustainable development report 2013, and the notice and abridged report 2013, are available at www.northam.co.za or can be obtained from the company's registered office on request. The salient dates of the annual general meeting are as follows:

*Record date to determine which shareholders are entitled to receive the notice and abridged report 2013 -- Friday, 27 September 2013

*Posting date of the notice and abridged report 2013 -- Monday, 30 September 2013

*Last day to trade in order to be eligible to attend and vote at the annual general meeting -- Friday, 25 October 2013

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting -- Friday, 1 November 2013

*Forms of proxy for the annual general meeting to be lodged by 10h00 on Monday, 4 November 2013

*Annual general meeting at 10h00 on Wednesday, 6 November 2013

*Results of annual general meeting released on SENS on Wednesday, 6 November 2013
20-Sep-2013
(Official Notice)
15-Aug-2013
(Official Notice)
Dr N J Dlamini has resigned as a non-executive director, with effect from 30 September 2013.
15-Aug-2013
(C)
Revenue increased by 20% to R4.4 billion (R3.7 billion). Net attributable profit rose by more than 60% to R504.9 million (R310.5 million). In addition, headlines earnings per share was up 68.7% to 136.5cps (80.9cps).



Outlook

The platinum industry in South Africa remains dominated by social and economic uncertainty, which is manifested in certain uncontrollable factors such as US dollar metal prices and the exchange rate between the US dollar and the South African rand, as well as the strong possibility of labour disruptions during F2014.



Assuming no disruptions to the company's operations in the F2014 year, the company expects to maintain its operational performance at the Zondereinde mine and ramp up production at its Booysendal mine in F2014. The financial performance of Northam will depend largely on a combination of market circumstances and international metal prices, a peaceful and productive labour force, and regular underground mining conditions.
08-Aug-2013
(Official Notice)
Shareholders were advised that the group's earnings and headline earnings per share for the year ended 30 June 2013 are estimated to be between 60% and 70% higher than in the previous comparable period. Earnings per share of 81.2 cents and headline earnings per share of 80.9 cents were reported for the year ended 30 June 2012.



The anticipated increase in earnings reflects, inter alia, higher sales volumes, coupled with a higher average basket price realised during the period under review, in comparison with the previous comparable period, notwithstanding certain production interruptions experienced during the financial year (as notified to Shareholders in previous announcements).



It is anticipated that the reviewed preliminary results for the year ended 30 June 2013 will be released on or about 15 August 2013.



General industry outlook

Northam's operations remain vulnerable to, inter alia, factors affecting the South African general mining industry and, in particular, the platinum sector. At the time of this announcement and for the foreseeable short to medium term, the South African mining industry remains engaged in industry wide wage negotiations, as frequently reported on in the public domain and through press commentary. Should such wage negotiations result in industrial action, Northam?s operations may be affected. Northam therefore remains cautious about production and other estimates, until such time as clarity in the mining industry in general and in respect of Northam?s operations specifically has been achieved.
28-May-2013
(Official Notice)
Northam management advised that an employee lost his life in a fall of ground accident at the company's Zondereinde mine yesterday afternoon, Monday 27 May 2013. One other employee sustained injuries in the accident. He is being treated in hospital and is in a satisfactory condition.



Mine management has notified the Department of Mineral Resources ("DMR"), while operations have been suspended at the mine pending a joint investigation into the cause of the accident by the DMR, mine management and organised labour.



The name of the deceased is being withheld until his next of kin have been advised.
23-May-2013
(Official Notice)
Further to the company's announcement on 16 May 2013 with regard to the reduction of energy intensity at the Zondereinde mine smelter, a series of ultrasonic tests and temperature readings have demonstrated erosion of the refractory bricks comprising the walls of the smelter in proximity to the slag interface. This has necessitated a rebuild of the smelter. Further pyrometallurgical and chemical analyses will be carried out to ascertain the cause of the erosion. The Zondereinde mine and concentrators continue to operate normally, while the concentrate will be treated on a toll basis at other facilities. The duration and cost of the rebuild will be determined in due course as further information becomes available.
16-May-2013
(Official Notice)
Shareholders were informed that energy intensity at the Zondereinde mine smelter has been reduced from a maximum of 12 megawatts to a current average of 8 megawatts.



This reduction has been implemented to accommodate a series of ultrasonic and chemical tests to determine the extent of possible erosion of the refractory bricks comprising the walls of the smelter.



These tests will necessitate a reduction in the volume of concentrate treated in the smelter. Receipt of concentrate produced by Platmin Ltd. has been temporarily suspended. Captive concentrate produced in excess of the reduced capacity of the smelter will if necessary be treated at smelters operated by others on a toll basis.



Shareholders will be informed of the results of the tests as soon as they become available.
02-May-2013
(Official Notice)
Northam confirms that the termination date for the fulfillment of certain of the conditions precedent to the implementation of the sale of Booysendal South to Aquarius Platinum (South Africa) (Pty) Ltd., a subsidiary of Aquarius expired on 30 April 2013. These conditions included the amendments of the relevant mining rights to effect the transfer of Booysendal South to Aquarius in terms of Section 102 of the Mineral and Petroleum Resources Development Act. Booysendal South is important to the development of Aquarius' Everest Mine. Accordingly, Northam has been advised by Aquarius that it will remain in contact with the Department of Mineral Resources and Northam in connection with the proposed transaction.
23-Apr-2013
(Official Notice)
Northam management confirms that drilling operations resumed at Zondereinde this morning Tuesday, 23 April 2013. This follows an agreement between management and the National Union of Mineworkers (NUM) on Monday, 22 April 2013. A Memorandum of Understanding signed between the two parties provides for the payment of "return to work" compensation comprising a once off ex gratia payment equivalent to 50% of their basic wages for the duration of the strike period and R2000. Total production losses amount to 16 000oz 3PGE+Au with a current value of approximately R192 million.
17-Apr-2013
(Official Notice)
The management of Northam advised that the unprotected work stoppage at the Zondereinde mine continues. An independent review of the application of the productivity bonus scheme at the Zondereinde mine has been completed. Talks with union representatives will continue today with the intention of bringing the matter to a close. Losses to date approximate 12 500 oz in production and R143 million in revenue. Shareholders will be kept informed of further developments.
15-Apr-2013
(Official Notice)
Northam advises that the unprotected work stoppage at the company's Zondereinde mine continued today, Monday 15 April 2013. In an effort to resolve the impasse with striking rock drill operators, management has continued to engage with representatives of the National Union of Mineworkers (NUM) at national and regional level. The parties and the union have agreed on a review of the application of the mine's productivity bonus system.



In terms of a Labour Court interdict the current work stoppage at Zondereinde is unprotected. Employees are urged to return to work, and to engage through the established and agreed dispute resolution procedures. Employees have been reminded that failure to heed the terms of the interdict could lead to dismissals. To date, Northam has lost around 10 600 ounces of 3PGM + Au and around R122.1 million in revenues. Shareholders will be kept informed of further developments.

11-Apr-2013
(Official Notice)
Further to the notices to shareholders issued on Friday 5 April and on Tuesday 9 April 2013, Northam advised that it has obtained an interdict from the labour court which rules that the current work stoppage at Zondereinde is unprotected, and directs affected employees to resume their normal duties. Employees were served with the court order on Wednesday 10 April 2013. By this morning, Thursday 11 April 2013 employees had still not resumed their normal operations.



Management is trying to secure a meeting with the senior structures of the NUM, and welcomes any further talks at an operational level. The dismissal of employees is a very last resort and follows management's various appeals to the disaffected employees to resume their normal duties and to use the dispute resolution procedures which are available to them. Shareholders will be kept informed of further developments.
09-Apr-2013
(Official Notice)
Further to the notice to shareholders issued on Friday, 5 April 2013, Northam advises that striking rock drill operators at Zondereinde have failed to resume their duties in spite of an ultimatum issued to them before close of business on Monday, 8 April 2013. The company will now follow due process which could result in the dismissal of the affected employees. The protracted interruption in drilling operations has a detrimental effect on underground working conditions, which could pose a safety risk, and which will deteriorate further if normal operations are not resumed expeditiously. A total of 165kg (5 300 ounces) of metal in concentrate has now been lost, with revenue losses amounting to R62.7 million. Shareholders will be kept informed of further developments.
05-Apr-2013
(Official Notice)
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.
22-Feb-2013
(C)
Sales revenue climbed 11.6% to R2.2 billion (R2.0 billion) whilst operating profit jumped 20.6% to R266.0 million (R220.5 million). However, profit attributable to owners of the parent tumbled to R136.2 million (R198.2 million). Furthermore, headline earnings per share fell 30.1% to 36.3cps (51.9cps).



Prospects

Social and economic uncertainty is expected to dominate the platinum industry for the foreseeable future. Barring any disruptions to Northam's operations in the second half of the year, the company is expected to deliver an improved operational performance compared to F2012. The financial performance will depend largely on the availability of mineable Merensky reef, international metal prices and local cost inflation.
05-Feb-2013
(Official Notice)
Shareholders are advised that the group's earnings and headline earnings per share for the six months ended 31 December 2012 are estimated to be between 30% and 45% lower than in the previous comparable period. Earnings per share of 51.8 cents and headline earnings per share of 51.9 cents were reported for the six months ended 31 December 2011.



The anticipated decline in earnings reflects the finance costs incurred on borrowings and a higher effective tax charge during the period under review. Operating profit for the six months ended 31 December 2012 is expected to be higher than for the period ended 31 December 2011. The weighted average number of shares in issue for the period ended 31 December 2012 was 382 536 125, compared to 382 416 190 shares in issue for the period ended 31 December 2011. It is anticipated that the interim results for the six months ended 31 December 2012 will be released on or about 22 February 2013.
07-Dec-2012
(Official Notice)
Mr M S M M Xayiya has resigned as a non-executive director with immediate effect.
07-Nov-2012
(Official Notice)
Northam shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 7 November 2012, all the ordinary and special resolutions as set out in the notice of annual general meeting dated 28 September 2012, were approved by the requisite majority of shareholders present or represented by proxy thereat. The required special resolutions will be lodged with the Companies and Intellectual Property Commission in due course.
06-Nov-2012
(Official Notice)
Shareholders of Northam are advised that Mr M J Willcox has resigned from the board as alternate director to Mr M S M M Xayiya, with effect from 5 November 2012. The board would like to thank Mr Willcox for his contribution to the company over the years.
05-Oct-2012
(Official Notice)
The annual general meeting of Northam shareholders will be held in Room HB1, Hackle Brooke, 110 Conrad Drive, corner Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg, South Africa on Wednesday, 7 November 2012 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the abridged annual report 2012 ("notice and abridged report").



No change statement

Shareholders are advised that the summarised audited financial statements for the twelve months ended 30 June 2012 as contained in the notice and abridged report 2012, will be distributed to shareholders on Friday, 5 October 2012. The audited annual financial statements 2012 contain no material modifications to the reviewed preliminary results, which were published on SENS on 24 August 2012. The annual integrated report 2012 containing the full audited annual financial statements, the sustainable development report 2012, and the notice and abridged report 2012, are available at www.northam.co.za or can be obtained from the company's registered office on request.
03-Sep-2012
(Official Notice)
Northam shareholders are advised that the company has successfully raised term debt through an issue of R1.25 billion three year senior unsecured floating rate notes ("notes" or "the issue") under its R2 billion Domestic Medium Term Note Programme dated 3 August 2012. The notes will attract a coupon of 350 basis points above three month JIBAR ("coupon') and interest payments are due quarterly. The notes will mature on 4 September 2015.



The notes will be listed on Tuesday, 4 September 2012 on the Interest Rate Market of the JSE Ltd. (bond code: NHM001). The first interest payment date will be 4 December 2012. The interest rate during the first quarter is based on three month JIBAR of 5.075% as at 30 August 2012, resulting in a Coupon of 8.575% applicable to the first quarter. The Issue will be guaranteed by Northam's wholly owned subsidiaries, Micawber 278 (Pty) Ltd. and Khumama Platinum (Pty) Ltd.
27-Aug-2012
(Media Comment)
According to Business Day, Northam is concluding a R2 billion bond to pursue its Booysendal project, which will commence production by June next year. This will offer the company a welcome second asset to its geologically complex Zondereinde mine, thereby spreading out risk.
24-Aug-2012
(C)
Sales revenue increased 3.2% to R3.7 billion (R3.6 billion). Operating profit was down 12.1% to R338.7 million (R385.3 million). Net attributable profit was 11.1% lower at R310.5 million (R349.2 million). In addition, headline earnings per share fell 9.6% to 80.9c (89.5cps).



Outlook

The Booysendal mine is expected to start production in H2 of F2013, subject to the availability of power from Eskom. The continued recovery at Zondereinde will be largely determined by geological and mining conditions, while cost increases are likely to remain higher than the official inflation rate. Economic and social uncertainties in global markets are expected to continue to weigh on PGM prices for the foreseeable future and whilst the company will endeavour to improve output from its operations, which may also be affected by recent events in the industry, the outlook for earnings growth is subdued.
03-Aug-2012
(Official Notice)
03-Aug-2012
(Official Notice)
Northam shareholders are advised that the company's earnings per share and headline earnings per share for the year ended 30 June 2012 ("FY2012") are both estimated to be between 70 and 85 cents. This compares with earnings per share of 96.2 cents and headline earnings per share of 89.5 cents reported for the year ended 30 June 2011 ("FY2011"). The anticipated lower earnings stems primarily from flat sales volumes (year on year) as a consequence of the smelter shut down in the fourth quarter of the financial year, as referred to in the company's announcements dated 11 May 2012 and 15 May 2012, respectively . This restricted the volume of material available for sale despite materially higher mine production compared to the previous year. The weighted average number of shares in issue for FY2012 was 382 426 483, compared with 363 087 830 for FY2011. The preliminary results for FY2012 are expected to be released on or about 24 August 2012.



Domestic medium term note programme

Northam's board of directors ("Board') has resolved to initiate a R2 billion domestic medium term note programme ("DMTN Programme"), the purpose of which will be to raise additional third party debt funding to partially fund the approximately R4 billion total capital expenditure programme pertaining to Northam's ongoing Booysendal mine development ("Booysendal Development") and general working capital expenditure of the company. Northam has to date funded approximately R2.3 billion (as at 30 June 2012) of the Booysendal Development with internally generated cash. The company expects to announce the outcome of its DMTN Programme's first placement during August 2012.
19-Jul-2012
(Official Notice)
Northam shareholders are advised that an unauthorised land occupation on the farm Schaapkraal 42JT to the east of the Booysendal mine has resulted in delays to the installation of a permanent power supply to the Booysendal mine. Eskom's sub-contractors are being prevented from completing the installation of a power line on an Eskom servitude from the national Eskom grid to the Booysendal mine. The company and Eskom are taking steps to protect their rights and to minimise further delays.
28-May-2012
(Official Notice)
The management of Northam advised that mining operations resumed on the night shift of Friday, 25 May 2012 at the No 1 shaft of the company's Zondereinde division following the upliftment of the section 54 instruction. As per the company's previous advice to shareholders, the affected shaft was closed on Tuesday, 22 May 2012.



Smelter

Further to the announcements published on SENS on11 May 2012 and 15 May 2012, the company advises that a toll smelting and refining agreement has been finalised with a third party. The toll agreement will have no effect on the company's revenue or costs in the current financial year.



The previous guidance in the announcement dated 15 May 2012 indicating an anticipated R300 million drop in revenue in the financial year ending 30 June 2012 remains valid.
23-May-2012
(Official Notice)
The management of Northam advised the death of an employee in a fall of ground at the company's Zondereinde mine in Limpopo province on Tuesday, 22 May 2012 at approximately 01H00. No other employees sustained any injuries in the incident which occurred some 2 000 metres underground. Work at the affected shaft has been suspended following a Section 54 order by the Department of Mineral Resources.
15-May-2012
(Official Notice)
Further to the announcement issued by Northam on Friday, 11 May 2012 advising of a smelter run-out at its Zondereinde mine, and following an assessment of the associated damage to the smelter, Northam management has advised that it is implementing plans to rebuild the smelter as soon as is practicably possible. The rebuild, originally scheduled for the next financial year, could take up to four months to complete. Northam is currently in discussions to secure alternative smelting services in order to contain the impact on the company. Commensurate with the lower sales volumes, revenues for the financial year ending 30 June 2012 are likely to be some R300 million lower than anticipated owing to the interruption to metals processing in the last two months of the year. These revenues should be realised in the next financial year when the metal will be sold. Mining and concentrating activities are continuing at the Zondereinde mine.
11-May-2012
(Official Notice)
The management of Northam advised that smelting operations at the Zondereinde mine in Limpopo province were suspended yesterday, Thursday 10 May 2012. This follows a run-out, which occurred subsequent to a rebuild of the furnace end- wall in April. Management is currently assessing the extent of the damage to the smelter, the impact on refined metal production and sales, and alternative processing options, should this be required. Mining and concentrating activities are unaffected. Shareholders will be kept informed of developments and the potential effects on the company.
05-Apr-2012
(Official Notice)
Shareholders of Northam are advised that Mr P L (Lazarus) Zim, chairman of the board, has withdrawn Mr A K Gupta as his alternate director, effective 5 April 2012.
13-Mar-2012
(Official Notice)
Northam are advised that Mr B R van Rooyen has retired from the board of the company with effect from 12 March 2012.
24-Feb-2012
(C)
Sales revenue for the interim period ended 31 December 2011 increased by 22.7% R2 billion (2010: R1.6 billion). Operating profit skyrocketed by 228.5% to R220.5 million (2010: R67.1 million), while profit and total comprehensive income for the period attributable to shareholders soared by 161.2% to R198.2 million (2010: R75.9 million). furthermore, headlines earnings per share continued the strong upwards trend by jumping by 147.1% to 51.9cps (2010: 21cps).



Dividend

Dividend number 26 of 5cps has been declared as an interim dividend in South African currency, in respect of the half year ended 31 December 2011 (H1 F2011: 5cps).



Prospects

Production in the second half of the year is likely to be slightly less than that of H1 owing to more public holidays in the period, and will also be dependent on geological conditions going forward. Costs are anticipated to be reasonably contained. In the absence of any untoward disruptions to production, and if the rand basket price were to remain at current levels (R335 000/kg) (F2011: R323 899/kg) earnings for the year are anticipated to increase.
03-Feb-2012
(Official Notice)
Shareholders are advised that the group's earnings and headline earnings per share for the six months ended 31 December 2011 are estimated to increase by between 136% and 156%. Earnings for the six months ended 31 December 2010 were 21 cents per share. The higher earnings reflect the effects of significantly improved production from the Zondereinde division and a 10% higher average rand basket price received over the period. Production in the previous comparable period was adversely affected by a six week long strike, safety stoppages and challenging mining conditions. Difficult mining conditions on the Merensky reef horizon persisted during the period under review whilst a number of Section 54 safety related stoppages also interrupted production processes. No shifts were lost as a result of industrial action. The weighted average number of shares in issue at 31 December 2011 was 382 416 190, compared to 360 747 809 shares in issue at 31 December 2010. It is anticipated that the interim results for the six months ended 31 December 2011 will be released on or about 24 February 2012.
06-Dec-2011
(Official Notice)
The board has adopted the following resolutions:

* an undertaking in favour of Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden NV ("FMO") and Norplats Properties (Pty) Ltd ("Norplats Props"), a subsidiary of Northam, in terms of which the company has undertaken to provide sufficient funding of up to R80 million (eighty million rand) to Norplats Props to enable it to fulfil its obligations to FMO in terms of the Mojuteng Housing Project; and

* to provide financial assistance of up to R1 billion (one billion rand) for a (five) year senior unsecured revolving credit facility to be provided by Nedbank Ltd to Khumama Platinum (Pty) Ltd and Micawber 278 (Pty) Ltd, both subsidiaries of Northam.



The facilities referred to above will further strengthen Northam's balance sheet and support its key strategic initiatives, which include the provision of housing for its Zondereinde mine employees (Mojuteng Housing Project) and the development of its Booysendal mine.
25-Nov-2011
(Official Notice)
The management of the Zondereinde division of Northam is pleased to advise that the 2011 wage negotiations have been successfully concluded with the National Union of Mineworkers (NUM) and Solidarity without any interruptions to operations. In terms of the two-year agreement reached, the average wage increases range from 9 to 9.5% in year 1, and 9 to 9.5% in year 2. The increases will be backdated to 1 July 2011.
14-Nov-2011
(Official Notice)
Shareholders were advised that Northam has entered into a facility agreement with Nedbank Ltd, acting through its Nedbank Corporate and Nedbank Capital divisions ("Nedbank"), regarding a R1.0 billion five-year revolving credit facility (the "facility"). The raising of the facility is in line with Northam's previously stated funding strategy and will further strengthen Northam's balance sheet and support the group's key strategic initiatives, specifically the development of its Booysendal mine ("Booysendal") situated on the eastern limb of the Bushveld Complex. Together with Northam's existing cash reserves of approximately R1.7 billion (as at 30 June 2011) and ZAR1.2 billion from the proposed sale of the southern portion of Booysendal, the facility provides Northam additional financial flexibility and will ensure the group is fully funded in the medium-term to pursue its strategic priorities.
10-Nov-2011
(Official Notice)
Northam shareholders ("Shareholders") are advised that at the annual general meeting of Shareholders held on Thursday, 10 November 2011, all the ordinary and special resolutions as set out in the notice of annual general meeting dated 30 September 2011, were approved by the requisite majority of Shareholders present or represented by proxy thereat, with the exception of Ordinary Resolution No. 6. This related to the placement of Northam's authorised but unissued shares under the control of its directors in accordance with the JSE Ltd Listings Requirements ("Listings Requirements").



In accordance with paragraph 3.59 of the listings requirements, shareholders are advised that Mr J Cochrane has been appointed as a non-executive director of Northam with effect from 10 November 2011.



27-Oct-2011
(Official Notice)
The management of the Zondereinde division of Northam regrets to advise that the company's attempts to resolve the deadlock with the National Union of Mineworkers (NUM) and Solidarity with regard to the annual wage negotiations have been unsuccessful. Northam financial director Ayanda Khumalo said today that the union had, to date, refused to consider the company's financial position, had delayed the negotiations to this late stage of the year, and was being completely unrealistic in declining to shift from its demand for an increase which aggregates 27.9% for the semi-skilled category 2 to 8 employees.



Annual wage negotiations had been delayed at Zondereinde owing to the NUM purporting to represent a band of skilled employees (Category 9 and 10) ordinarily represented by Solidarity. Once agreement had been reached between the two unions on their joint representation, the wage negotiations started on 27 September 2011 followed by a further meeting on 13 October, when the company raised its two-year offer to 6.6% for year 1, and 6.8% for year 2. This was in response to the union's demand for a 12% wage increase and a living out allowance increase of 58%.



Negotiations with NUM for the remaining semi-skilled employees in categories 2 to 8 were derailed at the first meeting on 12 October. The union's demands at this meeting amounted to:

*An overall wage increase of 20%;

*A 94% increase in the living out allowance; and

*A 483% increase in the allowance payable to hostel residents.



The company remains eager to resolve the current impasse without having to resolve to third party intervention.
20-Oct-2011
(Official Notice)
Shareholders were advised that Ms Patricia Beale has been appointed as company secretary with effect from 24 October 2011, in the place of Mr Dawid Swanepoel who has resigned as company secretary with effect from 24 October 2011.
10-Oct-2011
(Official Notice)
The annual general meeting of Northam shareholders will be held in Room HB1, Hackle Brook, 110 Conrad Drive, corner of Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg, South Africa on Thursday, 10 November 2011 at 10h00 to transact the business as stated in the notice of the annual general meeting, forming part of the abridged annual report 2011.



Shareholders are advised that the abridged financial statements for the 12 months ended 30 June 2011 as contained in the notice of annual general meeting and abridged annual report 2011 will be distributed to shareholders on 10 October 2011 and contain no material modifications to the reviewed preliminary results which were published on SENS on 18 August 2011. The annual integrated report 2011 containing the full audited annual financial statements, and the sustainable development report 2011, are available at www.northam.co.za or can be obtained from the company's registered office on request.
18-Aug-2011
(Official Notice)
Further to the notice of meeting to Northam shareholders ("shareholders") dated 13 July 2011, shareholders were advised that the ordinary and special resolutions contained therein and tabled for voting, were passed by the requisite majority of shareholders present or represented by proxy, without modification.
18-Aug-2011
(C)
Sales revenue for the year ended 30 June 2011 decreased by 9.5% to R3.6 billion (2010: R3.9 billion). Operating profit plummeted by 50.9% to R385.3 million (2010: R785 million), profit before taxation slumped by 45.5% to R531.2 million (2010: R974.6 million), while profit and total comprehensive income for the year attributable to shareholders fell by 45.5% to R349.2 million (2010: R641 million). Furthermore, headline earnings per share continued the downward trend by weakening 49.7% to 89.5cps (2010: 177.8cps).



Dividend

Dividend number 25 of 10cps has been declared as a final dividend in South African currency, in respect of the year ended 30 June 2011.



Prospects

At Booysendal construction and mining operations remain on track for first production in the third quarter of the 2013 financial year. At the Zondereinde mine however, production is still expected to be hampered by difficult geology and restrictions associated with ore reserve availability, in particular of the Merensky reef. The focus in the year ahead will be on recovery improving the ore reserve availability and controlling and improving the mill head grade. Key to this is connectivity between levels on the west side of the mine and the advancement of the deepening project in the medium and longer term. In the current inflationary environment, management will be hard pressed to contain costs which continue to rise faster than inflation. Without any relief in this area, unit costs will continue to rise. The profitability of the group will be affected by these factors, along with the average rand basket price received in F2012. The current average rand PGM basket price is similar to the realised F2011 price of R323 899/kg. This could augur well for some growth in earnings in the next reporting period.
05-Aug-2011
(Official Notice)
Shareholders are advised that both the group's earnings per share and headline earnings per share for the year ended 30 June 2011 are estimated to be between 80 and 110 cents. This compares with earnings per share of 177.9 cents and headline earnings per share of 177.8 cents reported for the previous comparable period ended 30 June 2010. The anticipated decline in the group's earnings per share is a result of both lower PGM sales volumes, due mainly to the six-week strike in the first half of the financial year, and to a lesser extent reflects the marginal increase in the weighted average number of issued shares. The lower sales volumes, approximately 19.8% down on the comparable period, resulted in lower total revenues for the group despite a higher average rand basket price.



The weighted average number of shares in issue at 30 June 2011 was 363 087 830, compared with 360 291 885 at 30 June 2010. The preliminary results for the year ended 30 June 2011 will be released on or about 18 August 2011.
14-Jul-2011
(Official Notice)
The management of Northam advises that underground operations resumed this morning, Thursday 14 July 2011, at the company's Zondereinde mine near Thabazimbi. This comes after the suspension of operations following the underground locomotive accident on 6 July 2011. Management estimates production losses of approximately 7 000 ounces (3PGE+Au).
13-Jul-2011
(Official Notice)
The management of the Zondereinde division of Northam confirms that the National Union of Mineworkers ("NUM") has declared a dispute with the company. Management denies that it has refused to bargain with the NUM for those grades where it is representative and has the majority. Management invites the union to honour its agreement and to approach the negotiations without pre-conditions in the bargaining units where they have a majority. In terms of the existing recognition agreement, which dates back to 2003, NUM requires representivity of 33?% in each bargaining unit in order to negotiate on its behalf. This threshold has not been reached in the two additional bargaining units NUM now claims to represent. Zondereinde management regards this unilateral implementation of a change to the existing agreement between the parties as a fundamental breach of the entire agreement.
06-Jul-2011
(Official Notice)
The management of the Zondereinde division of Northam advises that underground mining operations have been interrupted at its platinum mine near Thabazimbi in the Limpopo province following the tragic death of an employee in an underground locomotive accident. The name of the deceased is being withheld until his next of kin have been advised.

13-Jun-2011
(Official Notice)
The management of Northam advised that its Level 1 ADR facility was launched. The shares will trade on the over the counter (OTC) market in the United States of America where one ADR represents 1 Northam ordinary share. Northam has appointed the Bank of New York Mellon as the Depositary Bank.
08-Jun-2011
(Official Notice)
Northam shareholders are advised that Mr B R van Rooyen who is currently a non- executive director of Northam, has been appointed as an executive director of the company with effect from 6 June 2011. He will be responsible for Business Development and Corporate Strategy.
08-Jun-2011
(Official Notice)
The management of Northam reported that an employee was fatally injured on 7 June 2011, in an underground tramming accident at its Zondereinde mine in Limpopo Province. The mine has stopped all underground tramming operations, pending the outcome of an in loco investigation.
06-May-2011
(Official Notice)
The purpose of this announcement was to advise Mvelaphanda Resources Ltd ("Mvela Res") ordinary shareholders of the closing prices of the Northam shares and the Mvela Res ordinary shares on 26 April 2011, and of the ratio in which the expenditure incurred in connection with the acquisition of the Mvela Resources ordinary shares, or their valuation date values, as the case may be, must be allocated to the Northam shares and the Mvela Res ordinary shares (the "allocation ratio").



Mvela Res shareholders were advised that the allocation ratio, based on the relative market values of the Northam shares and the Mvela Res ordinary shares at the close of business on 26 April 2011, was as follows:

*Northam shares distributed -- 89.70%

*Mvela Res shares -- 10.30%
06-May-2011
(Official Notice)
Northam shareholders were referred to the announcement published by the company on 4 May 2011 ("the announcement") which set out details of the transaction and are advised that unaudited pro forma financial effects of the transaction ("financial effects") on Northam's basic earnings per share ("EPS"), headline earnings per share ("HEPS"), fully diluted EPS, fully diluted HEPS, net asset value per share ("NAVPS") and net tangible asset value per share ("NTAVPS") have now been determined. Highlights:

*EPS -- an increase of 23.3% from 21cps to 25.9cps; and

*HEPS -- a decrease of 0.5% from 21cps to 20.9cps.



Withdrawal of cautionary

Further to the publication of the financial effects, the cautionary statement as set out in the Announcement is hereby withdrawn.
04-May-2011
(Official Notice)
07-Apr-2011
(Official Notice)
Further to the announcement released on SENS this morning, the company advised that The distribution ratio for the proposed distribution of the 181 980 981 Northam ordinary shares is 83.5230 Northam shares to be distributed to participating Mvela Resources ordinary shareholders for every 100 Mvela Resources ordinary shares held on the Northam distribution participation record date Mvela Resources ordinary shareholders will receive 0.09598 Northam shares for every 1 Mvela Resources ordinary share held on the scheme consideration record date.
29-Mar-2011
(Official Notice)
Northam and Mvelaphanda Resources Ltd ("Mvela Res") announced that the South Gauteng High Court, Johannesburg ("the court") sanctioned the scheme of arrangement at a hearing on 29 March 2011. A certified copy of the order of the court sanctioning the scheme of arrangement will shortly be lodged, for registration, with the Registrar of Companies in terms of the Companies Act No. 61 of 1973, as amended. The Competition Tribunal has unconditionally approved the implementation of the scheme of arrangement. Save for the registration of:

* the special resolutions to give effect to the Northam distribution and the Afripalm repurchase; and

* the order of the court, all of the conditions precedent to the Northam distribution have been fulfilled.



Save for the registrations referred to in the previous paragraph and the implementation of the Northam distribution, all of the conditions precedent to the scheme of arrangement have been fulfilled. A further announcement regarding:

* the fulfilment of the outstanding conditions precedent for the Northam distribution and the scheme of arrangement; and

* the revised salient dates for the implementation of the Northam distribution and the scheme of arrangement, will be published in due course.
14-Mar-2011
(Official Notice)
Northam shareholders ("shareholders") are referred to the announcement published by the company on SENS on Friday, 18 February 2011 regarding the notice of general meeting which general meeting was held today ("general meeting"). Shareholders are advised that all the ordinary resolutions tabled at the general meeting, which were necessary to implement the acquisition by Northam of the entire issued share capital of Mvelaphanda Resources Ltd ("Mvela Res") by way of a scheme of arrangement ("scheme"), were approved by the requisite majority of shareholders present, or represented by proxy, thereat.



Shareholders are also referred to the announcement published by Mvela Res on SENS, and are advised that all the resolutions tabled at the general meeting and scheme meeting of Mvela Res shareholders regarding the scheme were approved by the requisite majority of votes.
28-Feb-2011
(C)
Sales revenue for the interim period ended December 2010 dropped to R1.6 million (R1.7 million), while operating profit also fell to R67.1 million (R234.1 million). Profit attributable to ordinary equity holders plummeted to R75.9 million (R215.6 million) and headline earnings per share decreased to 21cps (59.9cps).



Dividend

Dividend number 24 of 5 cents per ordinary share has been declared in South African currency, in respect of the half year ended 31 December 2010.



Prospects

Maintaining the 1:1 ratio of Merensky reef to UG2 reef is expected to continue to be a challenge at the Zondereinde mine. Given the stoppages and the restrictions associated with ore reserve availability, production for the full year is anticipated to be significantly lower than what was achieved in F2010. Associated with the anticipated lower volumes, production costs will be difficult to contain. Even at normalized levels, operating costs are expected to increase at a higher rate than inflation, given the restrictions associated with accessing available resources and the effects of higher wage demands and other input costs generally in the mining industry, such as power, chemicals and steel. These costs and the expected lower production in F2011 will negatively impact unit costs in the second half of the financial year. Group earnings will be largely determined by these costs and by the average rand basket price received in F2011. This is currently at a higher level than the average price realised of R308 886/kg during this reporting period.
18-Feb-2011
(Official Notice)
Northam shareholders ("shareholders") are referred to the joint announcement published by Northam and Mvelaphanda Resources Limited ("Mvela Resources") on SENS and in the press on 8 February 2011 and 9 February 2011, respectively, regarding the proposed acquisition by Northam of the entire issued ordinary share capital of Mvela Resources by means of a scheme of arrangement in terms of section 311 of the Companies Act, No. 61 of 1973, whereafter, if successful, Northam will own the entire issued share capital of Mvela Resources ("the transaction"). The transaction is classified as a related party transaction in accordance with the JSE Limited Listings Requirements and shareholders are hereby advised that a circular containing details of the transaction and incorporating a notice of general meeting ("the circular") was posted to shareholders today.



A general meeting of shareholders ("general meeting") will be held at 10h00 on Monday, 14 March 2011 in Room U2, Hackle Brooke, 110 Conrad Drive, corner of Jan Smuts Avenue and Conrad Drive, Craighall Park, Johannesburg for the purpose of considering and, if deemed fit, passing with or without modification, the resolutions set out in the notice of general meeting included in the circular.



The salient dates and times relating to the general meeting are set out below:

*Last day to lodge forms of proxy in respect of the general meeting by 10h00 Thursday, 10 March 2011

*General meeting at 10h00 Monday, 14 March 2011

*Results of the general meeting released on SENS Monday, 14 March 2011

*Results of the general meeting published in the press Tuesday, 15 March 2011

*Expected operative date of the scheme Monday, 16 May 2011
17-Feb-2011
(Official Notice)
17-Feb-2011
(Official Notice)
08-Feb-2011
(Official Notice)
Further to the announcement released on SENS on the morning of 8 February 2011, the company advised that the distribution ratio for the proposed distribution of the 181 980 981 Northam ordinary shares is 83.5230 Northam shares to be distributed to participating Mvela Resources ordinary shareholders for every 100 Mvela Resources ordinary shares held on the Northam distribution participation record date.
08-Feb-2011
(Official Notice)
13 Jan 2011 09:46:16
(Official Notice)
The management of Northam advised that operations resumed at the company's Zondereinde mine on Wednesday 12 January 2011. This follows on operations being suspended from Monday 10 January 2011.
10 Jan 2011 13:10:26
(Official Notice)
The management of Northam reported, with deep regret, the death of an employee, Mr Antonio Alberto Bila, in a tramming accident some 1480 metres underground on Sunday 9 January 2011 at its Zondereinde mine in Limpopo Province. Stoping operations at the mine have been suspended pending the conclusion of an internal investigation into the cause of the accident.
21 Dec 2010 16:40:22
(Official Notice)
Shareholders are advised that the group's earnings per share and headline earnings per share for the six months ended 31 December 2010 are estimated to be between 15 and 25 cents. This compares with the 59.9 cents per share for the previous comparable period ended 31 December 2009. The anticipated decline in earnings stems primarily from lower sales revenues due to the strike and production interruptions in the beginning of the financial year as a result of safety related stoppages. It is anticipated that the interim results for the six months ended 31 December 2010 will be released on or about 25 February 2011.
25 Nov 2010 10:18:17
(Official Notice)
Further to the announcement dated 4 November 2010 regarding the resignation of the company secretary, shareholders are advised that Mr Dawid Swanepoel has been appointed as the company secretary to Northam, with immediate effect.
11 Nov 2010 17:00:21
(Official Notice)
Northam shareholders are advised that at the annual general meeting of shareholders held on Thursday, 11 November 2010, all the ordinary and special resolutions as set out in the notice of annual general meeting dated 16 September 2010, were approved by the requisite majority of shareholders present thereat and represented by proxy. The special resolutions have been submitted to the Companies and Intellectual Property Registration Office for registration.
04 Nov 2010 15:07:49
(Official Notice)
Shareholders are advised that Mr Bethuel Ngwenya has tendered his resignation as company secretary of Northam with effect from 3 November 2010. An announcement will be made once the new company secretary is appointed.
18 Oct 2010 17:42:24
(Official Notice)
The management of Northam advised that agreement has been reached with the National Union of Mineworkers (NUM) following strike action at the company's Zondereinde mine in Limpopo province. Operations are expected to resume on Tuesday, 19 October 2010, initially focusing on re-establishing safe underground working areas which may have deteriorated during the stoppage. This, along with other operational requirements, is likely to have an adverse effect on the return to normalised production levels. The six-week strike has resulted in revenue losses of approximately R380 million.
15 Oct 2010 15:01:27
(Official Notice)
Notice is hereby given that the annual general meeting of the company will be held in Room U2, Hackle Brook, corner of Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg on Thursday, 11 November 2010 at 10:00 in order to transact the business as stated in the notice of annual general meeting included in the Annual Report. Shareholders are requested to note that the reference in special resolution number 2 to article 71 should, in fact, be a reference to article 72 of the company's articles of association.



No change statement

The company published its reviewed preliminary financial results for the year ended 30 June 2010 on 20 August 2010 and distributed its Annual Report to shareholders on Friday, 15 October 2010. No abridged version of the audited financial statements is being published as the financial information as published on 20 August 2010 is unchanged.
06 Oct 2010 16:43:23
(Official Notice)
The management of Northam been informed that members of the National Union of Mineworkers ("NUM") employed at the Zondereinde platinum mine in Limpopo Province have rejected the company's revised wage offer, which includes an average increase of between 9.0% and 9.5% on wages and an increase in the living out allowance from R1 600 to R1 750 per month. The Chief Executive Officer, Glyn Lewis, expressed disappointment, particularly after the constructive meeting between Northam management and representatives of the NUM on Monday, 4 October 2010. Nevertheless, the company remains committed to further talks in an effort to expedite a resolution to the current situation. The strike, which started on Monday, 6 September 2010 when the parties failed to reach agreement on wages and basic conditions of employment for the 2011 financial year, to date has resulted in lost revenues of an estimated R250 million. Employees in the affected categories have lost approximately R60 million in wages and benefits.
06 Oct 2010 10:03:30
(Media Comment)
Business Day reported that Northam management had revised their wage offer, the National Union of Mineworkers said. A strike at Northam's operations by 8 000 workers had now entered its fifth week. Workers at Northam had initially demanded that the company increase its wage offer to 12% after they rejected the company's 8.5% offer. They had also demanded a living-out allowance of R 3 500, but the company's offer remained at R1 700.
22 Sep 2010 09:12:05
(Official Notice)
The management of Northam regrets to advise that the strike at its Zondereinde mine in Limpopo province continues, following the failure of the second round of mediation with the National Union of Mineworkers ("NUM") at the Commission for Conciliation, Mediation and Arbitration ("CCMA") yesterday, Tuesday 21 September 2010.



Management remains firm in its rejection of the NUM's demands of:

* a 15% increase in basic wages;

* the collapsing of a number of bands which increases the demand to 19.5%;

* the increase in the living out allowance from the current R1 600 per month to R3 500 per month; and

* in aggregate the total cost to company equates to an increase of 32%.

06 Sep 2010 14:45:00
(Official Notice)
The management of Northam advises that the majority of employees (80%) at its Zondereinde mine near Thabazimbi in the Limpopo province, embarked on strike action with effect from the night shift yesterday, Sunday, 5 September 2010. The local branch committee of the National Union of Mineworkers (NUM) served the company with notice to strike on Thursday 2 September 2010 following the NUM's rejection of the company's increased wage offer of 8%, and a similar increase in the living out allowance to R1 728 per month. Zondereinde produces approximately 1 000 ounces (platinum, palladium, rhodium and gold) per day. At current rand basket price levels, revenue losses are estimated to be R9 million per day.
23 Aug 2010 07:29:56
(Media Comment)
According to Business Report, the board of directors of Northam Platinum had given its approval for the development of the booysendal mine to proceed, the company said in its preliminary results on Friday, 20 August 2010. The results were for the year ended June. This came after an optimisation study on the project, which concluded it could support output of 187 500 tons of ore a month or 162 000 ounces of platinum group metals a year and that the capital requirement for this size of mine would be about R3.6 billion. Northam chief executive Glyn Lewis said, "importantly, we now have board approval for the Booysendal project, which promises to be more robust than the initial feasibility work suggested.
20 Aug 2010 08:14:58
(C)
Sales revenue increased by 23.8% to R4 billion (R3.2 billion). Operating profit decreased by 4% to R784.9million (R817.9 million) and net profit attributable to ordinary shareholders increased to R641million (R630.5 million). In addition, headline earnings per share rose by 3.3% to 177.8cps (172.2cps).



Dividend

A final ordinary dividend of 20cps has been declared.



Prospects

The challenges of mining Merensky reef at the Zondereinde mine continue, and production at the mine is likely to be lower than that achieved in the past year. Unit cash operating costs are expected to increase at a higher rate than inflation, reflecting the effects of higher wage demands and other input costs such as, power, chemicals and explosives. Group earnings will be largely determined by these costs and by the average Rand basket price received in F2011. This is currently at a higher level than the average price of R288 255 per kilogram received during this financial year.
10 Aug 2010 15:14:11
(Official Notice)
Shareholders are advised that both the group's earnings per share and headline earnings per share for the year ended 30 June 2010 are estimated to be between 170 and 190 cents. This compares with earnings per share of 183.7 cents per share and headline earnings per share of 172.2 cents per share reported for the previous comparable period ended 30 June 2009. Total PGM sales volumes were approximately 18% higher than the previous comparable period which combined with a marginally higher average rand basket price received resulted in significantly higher total revenue for the group. The preliminary results for the year ended 30 June 2010 will be released on or about 20 August 2010.
30 Jul 2010 11:10:53
(Official Notice)
The management of Northam advises that underground operations resumed on Thursday, 29 July 2010, at the company's Zondereinde mine near Thabazimbi. This comes after the suspension of drilling and blasting operations following an accident on the mine on Tuesday 20 July 2010. Management estimates production losses of approximately 7 000 ounces (3PGE+Au).
30 Jul 2010 09:14:27
(Media Comment)
According to Business Report, Northam has been losing about 1 500 ounces each day since the company shut its Zondereinde mine in Rustenburg. Spokesperson Marion Brower said investigations into a mine accident were still continuing.
20 Jul 2010 17:54:10
(Official Notice)
The management of Northam Platinum Ltd regretted to advise the death of two employees following an accident at the company's Zondereinde division on the morning of Tuesday 20 July 2010. Initial investigations, conducted by management, members of the safety inspectorate of the department of mineral resources ("DMR") and union representatives, indicate that the accident was the result of a localised fall of ground in a cross-cut some 1 350 metres underground. The area had been supported with grouted roofbolts. Drilling and blasting activities have been suspended while management implements an audit of support compliance and ground conditions throughout the underground workings. No one else sustained any injuries as a result of the accident.
15 Jul 2010 08:19:44
(Official Notice)
Northam and Jubilee Platinum plc ("Jubilee") announced that they have entered into a memorandum of understanding ("MoU") to establish a joint venture to evaluate the construction of a new DC arc furnace facility using ConRoast technology to treat a portion of Northam's platinum group metal ("PGM") concentrate. This follows on from the successful completion by Jubilee and Mintek of the development programme for the ConRoast smelting process, and Jubilee's acquisition of an appropriate site with infrastructure and an independent source of power near Middelburg, in South Africa's Mpumalanga Province, to establish such a plant.



In terms of the MoU, the joint venture will investigate the feasibility of constructing and operating a 7MVA DC arc furnace facility to treat PGM concentrate emanating from Northam's Booysendal mine, which is currently being developed. The ConRoast technology, developed and patented by Mintek, South Africa's national mineral research organization, is licensed exclusively to Braemore Platinum Smelters SA (Pty) Ltd, a wholly owned subsidiary of Jubilee. ConRoast is a robust, clean and safe DC-arc smelting process for treating high chrome- bearing platinum concentrates from UG2 reef ore and has established itself as an environmentally friendly smelting solution for PGM containing concentrates.
05 Jul 2010 12:51:24
(Official Notice)
Shareholders of Northam are advised that Mr Ayanda Khumalo has been appointed financial director of the company with effect from 1 July 2010.
15 Jun 2010 17:16:16
(Official Notice)
11 Jun 2010 14:46:34
(Official Notice)
The management of the Zondereinde division of Northam advises that convertor operations have resumed at the division's metallurgical plant with stockpiled material now being fed through the plant. This follows on the announcement on 17 May 2010 advising of an incident at the plant and the shut-down of the converters. Investigations into the cause of the incident are continuing in consultation with accredited institutions. The impact on sales of metal during the current financial year will be minimal.
17 May 2010 16:49:57
(Official Notice)
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.
26 Apr 2010 14:53:09
(Official Notice)
Shareholders of Northam Platinum Ltd are alerted to the announcement issued earlier by Mvelaphanda Resources Ltd advising of Mvela Resources' disposal of 12.2% of its holding in Northam to the global diversified mining group Eurasian Natural Resources Corporation plc.
23 Feb 2010 10:10:03
(C)
Revenue increased by 7.7% to R1.7 billion (2008: R1.6 billion). The 9% strengthening of the rand against the US dollar exacerbated the 14% decline in the average US dollar price received for Northam's basket of metals at USD1 035 per ounce, resulting in an average rand basket price received of R254 913 per kilogram. Operating profit declined by 61% to R234 million (2008: R602 million). EPS decreased by 47% to 59.9cps (2008: 113.5cps). HEPS went from 113.5cps in 2008 to 59.9cps in 2009, representing a 47% decline.



Dividends

Dividend of 20cps has been declared in South African currency, in respect of the six months ended 31 December 2009.



Prospects

Production of metals in concentrate is expected to be lower in the second half of the year, whilst sales revenue is expected to be in line with that of the first half. Although there are signs that the global economic climate is improving, some uncertainty remains regarding the sustainability of the recovery. Should the rand basket price remain at its current levels, earnings in the second half of the financial year are likely to be similar to those of the first half. At current consensus metal prices, the group is cash positive at an operating level, has no debt and should be able to commence with the development of Booysendal from internal retentions.
10 Feb 2010 11:17:26
(Official Notice)
Shareholders were advised that the group's earnings per share and headline earnings per share for the six months ended 31 December 2009 are estimated to be between 55 and 65 cents. This compares with the 113.5 cents per share for the previous comparable period ended 31 December 2008. The anticipated decline in earnings stems primarily from a combination of the lower rand basket price received, the effects of inflation on the operating costs and the increase in the number of shares in issue during the period under review. The weighted average number of shares in issue as at 31 December 2009 was 360 130 630, compared with 326 813 788 as at 31 December 2008.
05 Nov 2009 17:46:57
(Official Notice)
Shareholders of Northam are advised that all the ordinary and special resolutions tabled at the company's annual general meeting held on Thursday 5 November 2009, were passed with the requisite majorities. The special resolutions have been submitted to CIPRO for registration in due course.
05 Nov 2009 17:44:30
(Official Notice)
Mr D R Wolstenholme has been appointed financial director of the company with effect from 5 November 2009.
14 Oct 2009 16:25:16
(Official Notice)
Notice is hereby given that the annual general meeting of the company will be held in the Auditorium, Hackle Brook, corner of Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg on Thursday, 5 November 2009 at 10:00 in order to transact the business as stated in the notice of annual general meeting included in the annual report.



The company published its reviewed preliminary financial results for the year ended 30 June 2009 on 14 August 2009 and distributed its annual report to shareholders on 9 October 2009. No abridged version of the audited financial statements is being published as the financial information as published on 14 August 2009 is unchanged.
08 Oct 2009 08:30:02
(Official Notice)
07 Oct 2009 16:10:09
(Official Notice)
The company intends to issue a SENS announcement, on 8 October 2009, to update the market on the Booysendal project. The announcement will be followed by a technical presentation at 11:30am at the Glenhove Conference Centre, No 52 Glenhove Road, Melrose Estate. Further details will be made available on the company's website at www.northam.co.za.
23 Jun 2009 16:20:35
(Official Notice)
Shareholders of Northam are advised that Messrs Alwyn Martin, Kelello Chabedi and Mikki Xayiya have been appointed to the board of the company as non- executive directors. In addition, Mr Mark Willcox has been appointed as an alternate director to Mr Mikki Xayiya. The appointments are effective 22 June 2009.
04 Jun 2009 11:07:12
(Official Notice)
The board and management of Northam noted the contents of an announcement issued by Mvelaphanda Resources Ltd ("Mvela Res") which alludes, inter alia, to subscribing for its rights in the event of a Northam rights issue, and the subsequent unbundling of its holding in Northam to its shareholders.



In reacting to the announcement by Mvela Res, Northam CEO Glyn Lewis said: "This announcement signals a positive outcome for Northam shareholders, as we gain further certainty in terms of the financing options available to us for the development of the Booysendal project. We have made significant progress with the feasibility study, which is expected to be completed by the end of September this year. We remain optimistic that Booysendal is the most promising new project currently being planned in South Africa; in addition our planning has the built-in flexibility to allow incremental production build-up to meet market demand."
04 Jun 2009 11:04:39
(Official Notice)
Shareholders of Northam are advised that Mr P C Pienaar has resigned as a director of the company with effect from 4 June 2009.
03 Mar 2009 11:40:02
(Official Notice)
Shareholders of Northam are advised that Mr Atul Kumar Gupta has been appointed as alternate director to the chairman, Mr P L (Lazarus) Zim, effective 27 February 2009.
05 Feb 2009 09:12:19
(C)
Sales revenues for the reporting period increased by 7.7% to R1 612 million (2007: R1 497 million) on the back of an improved operating performance at the Northam mine, which reported increased production in concentrate and sales of metal, together with a modestly better average rand basket price received over the period. The 21% weakening of the rand against the US dollar was instrumental in offsetting the 14.3% decline in the average US dollar price received for Northam's basket of metals at USD1 197 per ounce. Operating costs increased from 2008: R970 262 (2007: 797 819) impacted by inflationary increases in the cost of labour, consumables and services. EPS decreased 199.0 cps in 2007 to 113.50 cps in 2008. HEPS went from 199.0 cps in 2007 to 113.5 cps in 2008.



Dividends

Dividend of 38cps has been declared in South African currency, in respect of the six months ended 31 December 2008.



Prospects

Production of metals in concentrate is expected to be marginally lower in the second half of the year, whilst sales of PGMs are expected to be in line with those of the first half. Given the prevailing uncertainty in the global economic climate, and its dampening effect on commodity prices, the rand basket price is likely to remain at current levels in the medium term. This should result in earnings in the second half of the financial year being commensurately lower than the first half. At current spot metal prices, the company is cash positive at an operating level, has no debt and should be able to develop Booysendal from a combination of internal retentions and medium-term loan finance.
19 Jan 2009 10:16:08
(Media Comment)
According to Business Report, Northam might reschedule its Booysendal platinum project on the back of funding and falling platinum price concerns. James Wellsted, a spokesperson for Northam's controlling shareholder, Mevelaphanda Resources Ltd, said that the mine might be developed in up to five phases instead of the single project that was originally envisioned.
14 Jan 2009 12:39:08
(Official Notice)
The proposed acquisition by Implats Platinum Ltd ("Implats") of the entire issued share capital of Mvelaphanda Resources Ltd ("Mvela Res") and Northam through a series of inter- conditional transactions. Shareholders are advised that due to the current global economic climate as well as the ongoing volatility in commodity and equity prices, the parties have not been able to agree on exchange ratios for the implementation of the proposed transaction. Negotiations have therefore been terminated. Shareholders of Mvela Res, Northam and Implats are advised that the cautionary announcement published on 19 November 2008 has been withdrawn and no longer required to exercise caution in their share dealings.
14 Jan 2009 11:13:46
(Official Notice)
Shareholders are advised that the company's earnings per share and headline earnings per share for the six months ended 31 December 2008 are estimated to be between 100 and 120 cents. This compares with the 199 cents per share reported for the previous comparable period ended 31 December 2007. The anticipated decline in earnings stems from the effects of inflation and increased production on operating costs and the increase in the number of shares in issue during the period under review. The remaining metal derived from stockpiled concentrate is being processed during the second half of the 2009 financial year. The forecast earnings have not been reviewed by the company's auditors. The interim results for the six months ended 31 December 2008 will be released on or about 5 February 2009.
14 Jan 2009 10:00:51
(Official Notice)
Northam advised of the death of an employee at its mine near Thabazimbi in the Limpopo province in a shaft-related accident on the evening of Tuesday, 13 January 2009. A joint investigation into the cause of the accident is currently being undertaken by the safety inspectorate of the DME, union representatives and management.
07 Jan 2009 09:52:46
(Official Notice)
Shareholders of Mvela Res ("Mvela resources"), Northam Platinum Ltd and Impala Platinum Holdings Ltd ("Implats") are referred to the joint cautionary announcement by the three companies dated 19 November 2008 regarding the proposed acquisition by Implats of the entire issued share capital of Mvela Res and Northam Platinum Ltd through a series of inter-conditional transactions. Shareholders will be notified of any further developments in due course and are advised to continue to exercise caution in their share dealings until a further announcement is made.
18 Dec 2008 09:05:20
(Media Comment)
Northam does not plan to cut output as metal prices fall, noted Business Report. According to Northam's spokesman Marion Brower: "There are no plans to scale back production".
08 Dec 2008 16:48:23
(Official Notice)
Mr Bethuel Ngwenya has been appointed as Northam's new company secretary with effect from 2 December 2008.
17 Nov 2008 17:31:25
(Official Notice)
In view of the deteriorating global economic climate and its consequent effect on commodity prices, the company considers it prudent to provide shareholders with an update on its operational and financial performance for the first four months of the 2009 financial year.



Salient features for the period

*Production of metals in concentrate up 14.3% to 3 543 kg (113 910 oz)

*Sales volumes up by 639 kg (20 544 oz)

*Healthy sales revenues at R1.3 billion

*Average 3PGE+Au basket price of R359 844/kg (USD1 391per oz) realized, 24.3% higher year on year

*Operating margin of 45.8%
07 Nov 2008 16:11:37
(Official Notice)
Shareholders are advised that at the AGM of Northam held on Thursday, 6 November 2008, all the ordinary resolutions and special resolutions were passed by the requisite majority of shareholders present or represented by proxy, without modification. The special resolutions will be lodged with the Companies and Intellectual Property Registration Office for registration.
27 Oct 2008 15:18:31
(Official Notice)
Shareholders of Mvelaphanda Resources Ltd ("Mvela Res") and Northam are referred to the joint cautionary announcement dated 2 October 2008 ("the joint cautionary announcement") regarding the proposed acquisition by Impala Platinum Holdings Ltd ("Implats"), through a series of inter-conditional transactions, of the entire issued share capital of Mvela Resources and Northam (collectively, "the proposed transaction") and the further joint cautionary announcement dated 20 October 2008.



Withdrawal of cautionary announcements

As the financial effects of the proposed transaction have now been published, Mvela Res and Northam shareholders are no longer required to exercise caution when dealing in their Mvela Res and Northam securities. Shareholders are referred to the joint cautionary announcement which notes that the letters of interest submitted by Implats do not constitute a notice of firm intention to make an offer. Shareholders are reminded that the making of a firm offer is subject to certain conditions, as set out in the joint cautionary announcement.
08 Oct 2008 16:34:28
(Official Notice)
Notice is hereby given that the annual general meeting of the company will be held in the Auditorium, Hackle Brooke, corner of Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg on Thursday, 6 November 2008 at 10:00 in order to transact the business as stated in the notice of annual general meeting included in the annual report.



The company published its reviewed preliminary financial results for the year ended 30 June 2008 on 25 August 2008 and distributed its annual report to shareholders on 8 October 2008. No abridged version of the audited financial statements is being published as the financial information as published on 25 August 2008 is unchanged.
02 Oct 2008 17:25:49
(Official Notice)
29 Sep 2008 15:42:43
(Official Notice)
Northam advises that Sybrand van der Spuy has tendered his resignation as company secretary with effect from 31 October 2008. An appointment to fill this position will be made in due course.
25 Aug 2008 09:13:28
(C)
The average US Dollar price received for Northam`s basket of metals increased by 33.7% to USD1 722 per ounce, which, together with a 2.9% weaker Rand, resulted in the average Rand basket price received increasing by 37.6% to R409 159 per kg. As anticipated, production of metals in concentrate during the reporting period declined by 9.7%. The lower output, together with an increase in metal inventories, accounted for the 19.8% drop in unit sales to 8 586 kg (276 059 oz), partially offsetting the benefits of the higher rand metal prices received, and limiting the increase in sales revenue, at R3 886 million, to 3.9%. Total operating costs increased by 19.5% from R1 361 million to R1 627 million, reflecting inflationary cost pressures. The lower metal production adversely impacted unit cash costs, which, year on year, were 29.5% higher at R175 197/kg. Operating profit was 13.2% higher at R2 277 million, with the operating margin increasing to 58.6% from 53.8% in the financial year ended 30 June 2007. Improved cash flows and higher interest rates had a positive impact on investment income which was 16.6% higher at R98 million. Net sundry income reduced by some R3.5 million to R1.8 million compared to the previous year. Costs associated with the Booysendal Platinum Project, which included transaction costs of R8.3 million, amounted to R18 million. As a consequence of the above, profit attributable to shareholders increased by 12.6% to R1 493 million, with headline earnings per share increasing from 560.1 cents per share to 627.2 cents per share.



Dividends

Dividend number 19 of 185 cents per share has been declared in South African currency, in respect of the year ended 30 June 2008.



Prospects

In the absence of any unforeseen production interruptions, metal production at the Northam mine in the year ahead is likely to be marginally higher than that achieved in the past year. Management at Northam continues to work closely with Eskom to ensure optimal operations, in line with Eskom`s guidelines. Whilst unit cash operating costs are expected to increase, earnings will be determined largely by the average Rand basket price received in F2009. The supply-demand position in the market for platinum group metals remains fundamentally sound and prices are expected to improve from their current levels.
21 Aug 2008 15:28:26
(Official Notice)
Northam advises that Mr Norman Mbazima, a non-executive director, has resigned from the board of directors of the company with effect from 20 August 2008.
14 Jul 2008 17:15:02
(Official Notice)
Shareholders are advised that the company's earnings per share and headline earnings per share for the year ended 30 June 2008 are expected to be between 620 and 660 cents. This compares with the 560 cents per share reported for the previous comparable period ended 30 June 2007. It is anticipated that the preliminary results for the year ended 30 June 2008 will be released on or about 7 August 2008
01 Jul 2008 08:13:30
(Media Comment)
Business Report noted that Northam will purchase and process precious metals concentrate from Platmin's Pilansberg mine which should start production in 2009. The project will produce around 250 000 ounces per annum.
06 Jun 2008 11:51:22
(Official Notice)
The requisite majorities of Mvela Resources and Northam shareholders passed all the ordinary and special resolutions required to implement the transaction at their respective general meetings held on 6 June 2008.
12 Feb 2008 17:38:36
(C)
The increase of 16.3% in the average US Dollar basket price received to USD1 396 per ounce, was offset by a strengthening Rand, which resulted in the average Rand basket price received increasing by 11.8% to R311 369 per kg. The decrease in production of metals in concentrates, together with an increase in metal inventories, resulted in unit sales declining by 23.5% to 4 173 kg (134 165 oz). As a consequence of the above, sales revenue decreased by 17.1% to R1 497 million. Investment income increased by 15% owing to higher interest rates.



Dividends

Dividend of 145cps has been declared in South African currency, in respect of the six months ended 31 December 2007.



Prospects

Provided that Eskom can supply the company with not less than 90% of its normal average power consumption, production and sales of metal in the second half of the year should correspond to those in the first half. On this basis earnings will be determined largely by the average Rand basket price received in the second half, currently at significantly higher levels than the R311 369 per kilogram received in the first half of the 2008 financial year.
03 Aug 2006 08:50:56
(C)
The combination of a 33.8% increase in the average US Dollar basket price received to USD918 per ounce, and a modest weakening of the Rand resulted in the average Rand basket price received increasing by 37.6% to R189 286 per kg. This, together with a 13.7% increase in unit sales to 11 285 kg (362 821 oz) resulted in sales revenue increasing by 53.5% to R2 386 million. Total operating costs increased by 10.8% in line with the 11.2% increase in precious metals produced, resulting in unit cash operating costs decreasing marginally to R109 677 per kg. The higher sales volumes combined with lower unit costs resulted in the cost of sales for the period increasing by 7.2%. The increased cash flows resulting from the higher metal prices resulted in interest income rising by 33.5%. Net sundry revenue reduced to normalised levels following the recovery from the company's insurers during the previous year. The net income attributable to shareholders increased by 183% to R703 million compared to the previous year.



Production of precious metal in concentrates (3PGE + Au) at 11 247 kg (361.599 oz) was 11.2% higher than the previous year. Merensky tonnage milled was marginally lower than that of the previous year, whilst UG2 tonnage milled was 22.8% higher. The available Merensky ore reserve increased to 21 months whilst UG2 ore reserve availability rose to 26 months.



Dividend

Dividend number 15 of 165 cents per share has been declared in South African currency, in respect of the year ended 30 June 2006. The dividend will be paid on Monday, 28 August 2006 to shareholders recorded in the books of the company at the close of business on Friday, 25 August 2006 (the record date). The last day to trade cum dividend is Friday, 18 August 2006. The shares will commence trading ex dividend on Monday, 21 August 2006 and the record date is Friday, 25 August 2006.



Prospects

Production of metals in concentrate and sales of PGMs in the coming year are expected to be slightly lower owing to the difficult ground conditions characterised by severe potholing. Should the Rand basket price remain at current levels, a modest decrease in earnings could be expected.
14 Jul 2006 10:09:43
(Official Notice)
The company's earnings per share and headline earnings per share for the year ended 30 June 2006 are expected to be between 290c and 310c. This compares with the 107.3c per share reported for the previous comparable period ended 30 June 2005. The expected increase in earnings results from a combination of a substantial rise in the average Rand receipts for the company's basket of metals and higher sales volumes relative to the previous comparable period. It is anticipated that the preliminary results for the year ended 30 June 2006 will be released on or about 3 August 2006.
06 Jun 2006 10:33:15
(Official Notice)
Mr Eric Molobi, who was a director of the company for nearly six years, passed away on 4 June 2006.
02 Feb 2006 09:14:11
(C)
Production of metal in concentrates (3PGE + Au) at 5 807 kg (186 704 oz) was 24.9% higher than the comparable period ended 31 December 2004. The combination of a 20% increase in the average US Dollar basket price received to USD798 per ounce and a modest weakening of the rand resulted in the average rand basket price received increasing by 26.0% to R167 079 per kg. This, together with a 24.2% increase in unit sales to 5 867 kg (188 628 oz), resulted in sales revenue increasing by 50.5% to R1 084 million (R720 million). Although total operating costs rose by 9.2% to R610.8 million (R559 million), the higher production resulted in the unit cash costs decreasing by 12.7% to R104 508 per kg. The profit attributable to shareholders climbed 397% to R303 million (R61 million). Headline earnings grew 394.7% to 130.1cps (26.3cps) and earnings rose 395.8% to 130.4cps (26.3cps).



Hedging

No currency was hedged during the period and there were no outstanding contracts at the end of the period. Minor volumes of palladium were hedged at an average of USD195 per ounce. There were no outstanding contracts at the end of the period.



Prospects

The erratic nature of the Merensky reef combined with the fewer number of working shifts available in the second half of the financial year will give rise to lower metal production and sales. Consequently, should the average rand basket price received for the second half be in line with currently prevailing prices, a moderate decline in earnings will result.



Dividend

A dividend of 115cps was declared and would be paid on Monday, 27 February 2006 to shareholders recorded in the books of the company at the close of business on Friday, 24 February 2006. The last day to trade cum dividend is Friday, 17 February 2006.
13 Jan 2006 16:48:37
(Official Notice)
Northam's headline earnings per share and earnings per share for the six month period ended 31 December 2005 are expected to be between 490% and 500% higher than the restated headline earnings and earnings of 26.3cps for the comparable period ended 31 December 2004. The earnings have been restated following the adoption of IFRS 2 - "Share Based Payments". The expected increase in earnings results from a combination of a substantial increase in the average Rand receipts for the company's basket of metals and higher sales volumes relative to the previous comparable period which were adversely affected by an interruption to production. It is anticipated that the interim results will be released on or about 2 February 2006.



23 Sep 2005 16:03:18
(Official Notice)
The annual general meeting of the company will be held in the Oleander Room, Sandton Sun and Towers, Fifth Street, Sandown, Sandton on Thursday, 10 November 2005 at 12:00.
19 Sep 2005 14:44:58
(Media Comment)
Northam was listed as the most empowered group within the resources sector according to the 2005 Empowerdex survey. The company managed to increase its ranking following its acquisition of half of the Booysendal platinum project. Business Times noted that the most progress was made in terms of ownership and management, in which Northam scored full marks on both counts.

04 Aug 2005 09:10:55
(C)
The production of metals in concentrate (3PGE + Au) was only 4.5% lower at 10 115 kg (325 214oz). Merensky tonnage milled was some 6.9% lower whilst UG2 tonnage milled was 3.6% higher. The sustained strength of the rand resulted in the average basket price received increasing by only 5.1% to R137 517 per kg despite an increase of 14.9% in the US Dollar price to USD686 per ounce. Unit sales were 15.4% lower at 9 922 kg (318 992 oz) resulting in sales revenue declining by 9.6% to R1 555m (R1.720m). An increase of 5.7% in total operating costs together with lower production of metal in concentrates resulted in the unit cash operating costs increasing by 10.7% to R121 124 per kg (R109 392 per kg). The lower sales volumes resulted in the cost of sales for the period decreasing by 3.9%. A total amount of R75.9m received from the company`s insurers in respect of business interruption following the fire is the major component of net sundry revenue. The profit attributable to shareholders was largely unchanged at R249m (R250m) and headline earnings decreased to 107.3cps (108.0cps).



The board has declared a final dividend of 45cps.



Prospects

Production of metals in concentrate and sales of PGMs in financial year 2006 are expected to be modestly higher than that reported in the current year. Consequently, should the rand basket price received remain at current levels, a commensurate increase in earnings may be expected.
21 Jun 2005 10:42:27
(Official Notice)
Shareholders are advised that the company has received a net amount of R71.9m from its insurers in final settlement of the claim for material damage (R10.5m) and business interruption (R61.4m) following the underground fire on 20 September 2004. The R61.4m received in respect of business interruption will be included in `sundry revenue` in the income statement for the financial year ending 30 June 2005.
22-Dec-2017
(X)
Northam is an independent, fully empowered, mid-tier, integrated PGM producer with two primary operating assets, Zondereinde and Booysendal platinum group metal (PGM) mines, in the South African Bushveld Complex. The Zondereinde lease area is also the location for Northam?s metallurgical operations, which include a smelter and base metals recovery plant.



Chrome is produced at both Zondereinde and Booysendal from the UG2 reef. Northam has an exclusive chrome marketing agreement with Glencore International AG to market and sell Northam?s chrome.



Final precious metal concentrate is transported from the Zondereinde metallurgical complex for refining to the Heraeus facilities in Hanau, Germany and Port Elizabeth in South Africa.



Northam?s in-house marketing department is responsible for marketing and sales of products domestically and to major global markets in Asia, Europe and North America.


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