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ROYAL BAFOKENG PLATINUM LIMITED - Styldrift Project Reaches 150KTPM Milestone

Release Date: 15/11/2018 10:00
Code(s): RBP RBPCB     PDF:  
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Styldrift Project Reaches 150KTPM Milestone

ROYAL BAFOKENG PLATINUM LIMITED
Incorporated in the Republic of South Africa)
Registration number: 2008/015696/06)
JSE share code: RBP
ISIN: ZAE000149936
Company code: RBPD
Bond code: RBPCB
ISIN: ZAE000243853
(“RBPlat” or the “Company”)

STYLDRIFT PROJECT REACHES 150KTPM MILESTONE

RBPlat is pleased to announce the progress made in delivering against our growth strategy by
achieving the 150ktpm milestone at Styldrift during the month of October. In addition to achieving
the 150ktpm milestone, Silo 4 and the associated ore handling infrastructure required to sustain
production above the 150ktpm has also been successfully commissioned.

This combined with ongoing construction progress related to establishing 230ktpm infrastructure
ensures we remain well positioned to achieve our steady state milestone of 230ktpm by the third
quarter of 2020.

Styldrift is a mechanised mine which provides access to a high grade, relatively shallow Merensky
resource through a twin vertical shaft system and is a key part of the Company’s organic growth
strategy.

Johannesburg
15 November 2018

JSE Sponsor
Merrill Lynch South Africa Proprietary Limited

For further enquiries, please contact:

Investors:
Lindiwe Montshiwagae
Executive: Investor Relations
Tel: +27 (0)10 590 4510
E-mail: lindiwe@bafokengplatinum.co.za

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