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PLN - Platmin Limited - Operations to resume in full at Pilanesberg Platinum Mine Platmin Limited Incorporated in the accordance with the laws of British Columbia, Canada Registration number: C0848954 Share code on TSX: PPN Share code on AIM: PPN Share code on JSE: PLN ISIN: CA72765Y1097 ("Platmin" or "the company") NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES OPERATIONS TO RESUME IN FULL AT PILANESBERG PLATINUM MINE July 8, 2011, TORONTO: Platmin advises that agreement has been reached between its mining contractor, MCC Contracts (Proprietary) Limited (MCC), a wholly owned subsidiary of Eqstra Holdings Limited, and the National Union of Mineworkers (NUM) on the full resumption of mining operations at the Pilanesberg Platinum Mine (PPM). Tomorrow, Saturday 9 July, MCC maintenance teams will begin to repair the Damaged vehicles and normal working shifts will resume on Monday, 11 July. Employees who engaged in illegal industrial action and damage to property on 23 June will remain suspended, pending disciplinary action. MCC will work closely with the NUM in this regard. Assessment of the extent of the damage to the MCC-owned mining fleet continues. Eqstra will report on this to its shareholders. Drilling and blasting equipment, fundamental to mining operations, was unaffected and will start to operate immediately. MCC will advise Platmin in due course of the potential impact of equipment damage to operations. Platmin`s concentrator has operated at full capacity throughout the period by processing stockpiled, oxidised reef. There are still considerable stockpiles available but scheduled preventative maintenance of the concentrator will begin shortly. When the full impact of the disruptions to mining operations has been thoroughly assessed, a further announcement will be made. For further information: Russell & Associates Charmane Russell +27 11 880 3924 8 July 2011 Sponsor: Investec Bank Limited Date: 08/07/2011 17:00:01 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.
