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LONMIN PLC - Mining Right on Pandora Joint Venture Granted

Release Date: 11/03/2013 11:19
Code(s): LON     PDF:  
Wrap Text
Mining Right on Pandora Joint Venture Granted

Lonmin Plc (Incorporated in England and Wales)
(Registered in the Republic of South Africa under registration number 1969/000015/10)
JSE code: LON
Issuer Code: LOLMI
ISIN: GB0031192486 ("Lonmin")


REGULATORY RELEASE

Mining Right on Pandora Joint Venture Granted


Monday 11 March 2013
Lonmin is pleased to announce that its application for the conversion of an old order mining
right to a new order mining right at its Pandora Joint Venture has been granted by the
Department of Minerals and Resources. The mining right is in respect to Platinum Group
Metals and associated minerals including gold, chrome, silver, cobalt, nickel and copper.

The decision gives Lonmin and its joint venture partners security of tenure at Pandora.


ENQUIRIES

Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor Relations)    +27 11 218 8358 /
                                               +44 20 7201 6007


Media:
Cardew Group
James Clark / Alexandra Stoneham               +44 20 7930 0777
Sue Vey                                        +27 72 644 9777

Brunswick - Johannesburg
Cecilia de Almeida                             +27 11 502 7400 /
                                               +27 83 325 9169

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited


Notes to editors

Lonmin, which is listed on both the London Stock Exchange and the Johannesburg Stock
Exchange, is one of the world's largest primary producers of PGMs. These metals are
essential for many industrial applications, especially catalytic converters for internal
combustion engine emissions, as well as their widespread use in jewellery.

Lonmin's operations are situated in the Bushveld Complex in South Africa, where nearly 80%
of known global PGM resources are found.

The Company creates value for shareholders through mining, refining and marketing PGMs
and has a vertically integrated operational structure - from mine to market. Lonmin's mining
operations extract ore from which the Process Division produces refined PGMs for delivery
to customers. Underpinning the operations is the Shared Services function which provides
high quality levels of support and infrastructure across the operations.

For further information please visit our website: http://www.lonmin.com

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