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PLN - Platmin Limited - Disruptions to operations at Pilanesburg Platinum Mine

Release Date: 24/06/2011 13:30
Code(s): PLN
Wrap Text

PLN - Platmin Limited - Disruptions to operations at Pilanesburg Platinum Mine Platmin Limited Incorporated in the accordance with the laws of Canada Registration number: 610178-0 Share code on TSX: PPN Share code on AIM: PPN Share code on JSE: PLN ISIN: CA72765Y1097 NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES DISRUPTIONS TO OPERATIONS AT PILANESBURG PLATINUM MINE June 24, 2011: TORONTO: Platmin Limited ("Platmin" or "the Company"; TSX/AIM: PPN; JSE: PLN) advises that on Thursday, 23 June, certain employees of mining contractor MCC illegally disrupted operations at the Pilanesburg Platinum Mine. These disruptions comprised intimidation of supervisors, illegal industrial action and damage to property and equipment. The South African Police Services was called in to safeguard employees, prevent further damage and stabilize the situation. Mining operations have been suspended. Processing operations are continuing utilising the mine`s stockpile. Platmin is working closely with MCC to resolve matters and will make a further announcement in due course. For further information: Craig Shaw, Chief Financial Officer +27 12 661 4280 Investec Bank plc (Nominated Adviser) Charles Batten +44 207 597 4000 Russell & Associates Charmane Russell +27 11 880 3924 Date: 24/06/2011 13:30:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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