Interruptions to mining and processing operations
Johannesburg, 25 January 2008. Northam Platinum Limited (Northam) advises that mining operations at the company’s Northam mine in Limpopo Province have been adversely affected by power outages over the past two weeks, and were suspended this afternoon, Friday, 25 January 2008 owing to insufficient power to safely continue normal operations. This action follows on some limited underground activities during the morning.
Northam has been advised by Eskom that its ability to maintain 40% of the normal base-load of power has been severely compromised by a number of factors. Although Northam understands from Eskom that it is committed to normalizing the situation, Northam has not been informed as to when the supply of the normal base-load will be restored. Northam is therefore unable to indicate with any certainty when operations will resume.
Russell & Associates
25 January 2008