Sectors Shares

NORTHAM PLATINUM LIMITED - Northam hopeful of settlement at Zondereinde mine

Release Date: 17/01/2014 16:18
Code(s): NHM001 NHM
 
Wrap Text
Northam hopeful of settlement at Zondereinde mine

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


                  Northam hopeful of settlement at Zondereinde mine



Northam has been advised by the National Union of Mineworkers (NUM) that it has accepted
the company’s final offer in terms of the negotiations around annual wage increases and
conditions of employment.

Northam management has since received a further request from the NUM for a meeting with
management on Monday 20 January 2014. Management has agreed to a further meeting
provided it is held under the auspices of the CCMA.

The company will issue a statement once an agreement has been signed with the NUM.




Johannesburg
17 January 2014


Sponsor and Debt Sponsor
One Capital

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