Pro forma financial effects of Northam’s BEE Transaction and withdrawal of cautionary announcement

Northam shareholders are referred to the announcement dated 22 October 2014 regarding Northam’s fully funded R6.6 billion 10 year secured BEE transaction.

World Platinum Investment Council launches Platinum Quarterly

The World Platinum Investment Council (WPIC) today announces the launch of Platinum Quarterly - the first independent, freely-available, quarterly analysis of the global platinum market.

Platinum industry launches the World Platinum Investment Council to stimulate platinum investment

Today, six of the world’s leading platinum producers, announce the launch of a new industry entity, the World Platinum Investment Council (WPIC)...

Results of annual general meeting

Northam shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 5 November 2014, the ordinary and special resolutions, as set out in the notice of AGM dated 1 October 2014, were approved by the requisite majority of shareholders present or represented by proxy thereat, with the exception of special resolution no.3 (general authority to repurchase issued shares).

Northam Platinum concludes fully-funded 10 year R6.6 billion BEE equity transaction combined with a R4.6 billion capital raising

Transaction secures HDSA ownership for at least a decade, and facilitates Northam’s ability to grow with net R4.0 billion cash injection

Notice of annual general meeting

Shareholders are advised that the summarised audited financial statements for the 12 months ended 30 June 2014 as contained in the notice and abridged report 2014, will be distributed electronically to shareholders today, 1 October 2014.

Further cautionary announcement

Northam shareholders are referred to the cautionary announcements released on SENS, the last of which was released on Friday, 8 August 2014.

Recovery on track at Northam

The company’s results for the 2014 financial year were released on SENS this morning and posted to shareholders today, 14 August 2014.

Reviewed preliminary results for the year ended 30 June 2014 (PDF - 107KB)

Further cautionary announcement

Northam shareholders are referred to the previous cautionary announcement released on SENS on Friday 27 June 2014, wherein shareholders were advised of a proposed transaction to increase Northam’s Historically Disadvantaged South African share ownership levels within the company (proposed HDSA transaction).

Trading statement

Shareholders are advised that the group’s earnings per share and headline earnings per share for the year ended 30 June 2014 are estimated to range between a loss of 8.0 cents per share and earnings of 12.0 cents per share.

Zondereinde mine – shaft accident

The management of Northam regrets to advise of an incident at the company’s Zondereinde mine on the afternoon of Sunday 27 July 2014 during routine maintenance work in the shaft.


Further cautionary announcement

Northam shareholders are referred to the cautionary announcements released on SENS on Thursday, 27 March 2014 and Thursday 15 May 2014, wherein shareholders were advised of a proposed transaction to increase Northam’s Historically Disadvantaged South African share ownership levels within the company (proposed HDSA transaction).


Interest rate reset announcement

Noteholders are hereby advised of the interest rate reset on the following Note:


Further cautionary announcement

Northam shareholders are referred to the cautionary announcement released on SENS on Thursday, 27 March 2014.

Cautionary announcement

In an announcement published on SENS on 3 August 2012, Northam shareholders were advised that as a result of the then significant decline in the share prices of platinum group metal producers, certain of Northam’s HDSA shareholders had been compelled to dispose of a significant portion of their Northam shares following the breach of related finance agreement covenants.

Interest rate reset announcement

Noteholders are hereby advised of the interest rate reset on the following Note.

Strike action hits Northam H1 results

Northam Platinum Limited today posted results for the six months ended 31 December 2013.

Successor named at Northam

The board of Northam announces the appointment of Mr Paul Dunne as successor to Mr Glyn Lewis, current Chief Executive Officer (CEO) of Northam.

Trading statement

Shareholders are advised that Northam anticipates reporting a loss per share and headline loss per share of between 15 and 25 cents for the reporting period ended 31 December 2013.

Settlement reached at Northam’s Zondereinde mine

Northam management is pleased to advise that the strike at the company’s Zondereinde mine has ended. Employees are expected to return to work tomorrow, Wednesday 22 January 2014. This follows the signing of a two-year wage agreement this afternoon.

Northam hopeful of settlement at Zondereinde mine

Northam has been advised by the National Union of Mineworkers that it has accepted the company’s final offer in terms of the negotiations around annual wage increases and conditions of employment.

Dealing in securities by a director of a major subsidiary

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, Northam advises its shareholders of the following dealing.

Zondereinde mine - update 8

The management of Northam advises that it is seeking to secure a further meeting with the leadership of the NUM under the auspices of the CCMA in an attempt to resolve the strike action at the company’s Zondereinde platinum mine in Limpopo Province.