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

NORTHAM PLATINUM LIMITED - Northam's Zondereinde Mine Smelter

Release Date: 16/05/2013 08:58
Code(s): NHM     PDF:  
Wrap Text
Northam's Zondereinde Mine Smelter

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”)



NORTHAM’S ZONDEREINDE MINE SMELTER




Shareholders are informed that energy intensity at the Zondereinde mine smelter

has been reduced from a maximum of 12 megawatts to a current average of

8 megawatts.


This reduction has been implemented to accommodate a series of ultrasonic and

chemical tests to determine the extent of possible erosion of the refractory bricks

comprising the walls of the smelter.


These tests will necessitate a reduction in the volume of concentrate treated in the

smelter. Receipt of concentrate produced by Platmin Limited has been temporarily

suspended. Captive concentrate produced in excess of the reduced capacity of the

smelter will if necessary be treated at smelters operated by others on a toll basis.


Shareholders will be informed of the results of the tests as soon as they become

available.


Johannesburg
16 May 2013


Sponsor
One Capital

Date: 16/05/2013 08:58:00 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