Voluntary production update
NORTHAM PLATINUM HOLDINGS LIMITED NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa
Registration number: 2020/905346/06 Registration number: 1977/003282/06
Share code: NPH ISIN: ZAE000298253 Debt issuer code: NHMI
("Northam Holdings" or, together with its subsidiaries, Bond code: NHM015 Bond ISIN: ZAG000164922
"Northam" or the "group") Bond code: NHM016 Bond ISIN: ZAG000167750
Bond code: NHM019 Bond ISIN: ZAG000168105
Bond code: NHM021 Bond ISIN: ZAG000181496
Bond code: NHM022 Bond ISIN: ZAG000190133
Bond code: NHM023 Bond ISIN: ZAG000190968
Bond code: NHM024 Bond ISIN: ZAG000195926
Bond code: NHM025 Bond ISIN: ZAG000195934
Bond code: NHM026 Bond ISIN: ZAG000195942
("Northam Platinum")
VOLUNTARY PRODUCTION UPDATE
Northam is pleased to report a 10.6% increase in total equivalent refined metal production from own operations, and a
19.9% increase in total production (including purchased material), for the 6-month period ended 31 December 2023
(H1 F2024), compared to the 6-month period ended, 31 December 2022 (H1 F2023).
Key production metrics for H1 F2024 compared to H1 F2023 are as follows:
H1 F2024 H1 F2023
oz 4E oz 4E % variance
Equivalent refined metal production from own operations at
160 188 160 806 (0.4%)
Zondereinde
Concentrate production from own operations at Booysendal 250 004 217 630 14.9%
Concentrate production from own operations at Eland 32 574 21 463 51.8%
Total equivalent refined metal production from own operations 434 977 393 309 10.6%
Equivalent refined metal purchased from third parties 83 107 38 739 114.5%
Total production including purchased material 518 084 432 048 19.9%
Production growth has been achieved due to the continued focussed execution of the group's growth strategy. We have
targeted increased mechanisation to grow production whilst lowering operational risk and improving our relative position on
the industry cost curve. This protects our operations against subdued or volatile commodity markets.
Johannesburg
15 January 2024
Corporate Advisor and Sponsor to Northam Holdings
One Capital
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital
Date: 15-01-2024 05:40:00
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