To view the PDF file, sign up for a MySharenet subscription.

NORTHAM PLATINUM LIMITED - Unprotected work stoppage at Zondereinde Mine continues

Release Date: 17/04/2013 09:49
Code(s): NHM     PDF:  
Wrap Text
Unprotected work stoppage at Zondereinde Mine continues

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM
ISIN code: ZAE000030912
(“Northam” or “the company”)

UNPROTECTED WORK STOPPAGE AT ZONDEREINDE MINE CONTINUES

The management of Northam advises that the unprotected work stoppage at
the Zondereinde mine continues. An independent review of the application of
the productivity bonus scheme at the Zondereinde mine has been completed.
Talks with union representatives will continue today with the intention of
bringing the matter to a close.

Losses to date approximate 12 500 oz (3PGE+Au) in production and
R143 million in revenue.



Shareholders will be kept informed of further developments.




Johannesburg
17 April 2013


Sponsor
One Capital

Date: 17/04/2013 09:49:00 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.

Share This Story