NORTHAM PLATINUM LIMITED - Zondereinde mine shaft incident

Zondereinde mine – shaft incident

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”)




Zondereinde mine – shaft incident


The management of Northam regrets to advise of an incident at the company’s Zondereinde
mine on the afternoon of Sunday 27 July 2014 during routine maintenance work in the shaft.

The incident occurred in the mine’s No.1 Shaft when a counterweight in one of the shaft’s
hoisting compartments became detached and fell down to the bottom causing damage to the
steelwork between 12 and 13 levels, approximately 2 000 metres underground. There were
no injuries.

The shaft will be out of commission for up to six weeks for repairs. During this time the
mine’s production will be reduced by approximately 50%. No 2 shaft remains fully
operational.

Further investigations into the cause of the incident will be carried out together with the
DMR.


Johannesburg
28 July 2014

Sponsor and Debt Sponsor
One Capital

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