NORTHAM PLATINUM LIMITED - Murray & Roberts Cementation Limited (MRC) Work Stoppage at Northams Booysendal North Mine (Booysendal)

Release Date: 04/04/2018 09:02
Code(s): NHM NHM002 NHM003
 
Wrap Text
Murray & Roberts Cementation Limited (MRC) Work Stoppage at Northam’s Booysendal North Mine (Booysendal)

Northam Platinum Limited
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt issuer code: NHMI
Bond code: NHM002 Bond ISIN: ZAG000129024
Bond code: NHM003 Bond ISIN: ZAG000129032
(“Northam”)


MURRAY & ROBERTS CEMENTATION LIMITED (“MRC”) WORK STOPPAGE AT NORTHAM’S
BOOYSENDAL NORTH MINE (“BOOYSENDAL”)


Northam shareholders are referred to the announcement published on SENS on
27 March 2018 relating to the unprotected work stoppage of approximately 750 MRC
employees at the Booysendal mine from Monday night, 26 March 2018.


Northam is pleased to announce that an agreement has been reached with the Association
of Mineworkers and Construction Union (AMCU), the representative union, for a full return
to work by the affected MRC employees, beginning with the morning shift of 4 April 2018.


Booysendal will transition to owner-operator status on 1 May 2018.



Johannesburg
4 April 2018

Sponsor and Debt Sponsor
One Capital

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