The management of Northam advises that smelting operations at the Zondereinde mine in Limpopo province were suspended yesterday, Thursday 10 May 2012. This follows a run-out, which occurred subsequent to a rebuild of the furnace end-wall in April.
Management is currently assessing the extent of the damage to the smelter, the impact on refined metal production and sales, and alternative processing options, should this be required.
Mining and concentrating activities are unaffected.
Shareholders will be kept informed of developments and the potential effects on the company.
Russell & Associates
Tel +27 11 880 3924
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