Northam shareholders are advised that an unauthorised land occupation on the farm Schaapkraal 42JT to the east of the Booysendal mine has resulted in delays to the installation of a permanent power supply to the Booysendal mine.

Eskom’s sub-contractors are being prevented from completing the installation of a power line on an Eskom servitude from the national Eskom grid to the Booysendal mine

The company and Eskom are taking steps to protect their rights and to minimise further delays.

19 July 2012

One Capital