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MTX - Metorex Limited - Production update - six months ended 30 June 2011 Metorex Limited (Incorporated in the Republic of South Africa) (Registration number 1934/005478/06) Share code: MTX ISIN: ZAE000022745 Issuer code: MEMTX ("Metorex") PRODUCTION UPDATE - SIX MONTHS ENDED 30 JUNE 2011 Group production statistics Commodity Unit Six months ended Six months December ended June Change (%)
2010 2011 Copper - (t) 15 467 16 548 +7 Ruashi Copper - (t) 9 008 8 783 -2 Chibuluma Copper - Sable (t) 1 883 1 231 -35 Copper - total (t) 26 358 26 562 +1 Cobalt - (t) 2 008 1 886 -6 Ruashi Cobalt - Sable (t) 13 4 -69 Cobalt - total (t) 2 021 1 890 -6 Ruashi copper production for the six months was in line with plan other than for grid power interruptions in the DRC during May and June 2011. Chibuluma continued to perform well and for the six months copper production was marginally lower than that reported in December 2010. Sable copper and cobalt production reduced due to a lack of third party ore supply. This has now largely been restored. Cobalt production at Ruashi was ahead of planning expectations and results for the six months reflected lower feed grades to the SX/EW plant. The information contained in this announcement has not been reviewed or reported on by Metorex`s auditors. Johannesburg 20 July 2011 For further enquiries please contact: Metorex CEO, Terence Goodlace Tel: 011 215 4000 CFO, Maritz Smith College Hill Jacques de Bie Tel: 011 447 3030 Sponsor One Capital Date: 20/07/2011 10:30:02 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.
