Northam shuts down convertors at Zondereinde mine

The management of the Zondereinde division of Northam Platinum Limited (Northam) advises that it has shut down the convertors at the division’s metallurgical plant following an incident this morning, Monday 17 May 2010, which caused damage to the precipitator. No one was injured in the incident.

Initial estimates by management indicate that repairs could take around six weeks to complete. Material will be stockpiled while the repairs are being effected. The interruption will have a negative effect on sales for the current financial year. The purpose of the electrostatic precipitator is to remove particulate matter from the off-gas emissions prior to being discharged into the atmosphere via the chimney stack.

Investigations into the cause of the incident have commenced. Further announcements will be made as more details become available.