Appointments to the Northam board of directors

In compliance with paragraph 3.59(a) of the JSE Limited Listings Requirements, Northam shareholders are advised that Mr T.I. (Temba) Mvusi and Ms H.H. (Hester) Hickey have been appointed as independent non-executive directors to the board of Northam .

Dealings in securities

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE listings requirements”), Northam hereby advises its shareholders of the following dealings by directors of the company, directors of major subsidiaries and the company secretary:

Results of annual general meeting

Northam shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 11 November 2015, the ordinary and special resolutions, as set out in the notice of AGM dated 25 September 2015, were approved by the requisite majority of shareholders present or represented by proxy thereat, with the exception of ordinary resolutions 2.2 and 4.1, which were withdrawn prior to the commencement of the AGM.

Northam and Heraeus extend strategic co-operation agreement

Heraeus to invest 20 million in expanding Northam’s smelting capacity

Northam Platinum Limited (Northam) is pleased to announce that it has agreed terms to extend its co-operation agreement with Heraeus Deutschland GmbH &Co. KG (Heraeus) and Heraeus South Africa Proprietary Limited (HSA).

Wage settlement concluded at Northam’s Booysendal Mine

Northam Platinum is pleased to advise that a three year wage agreement has been concluded between mining contractor, Murray and Roberts Cementation (MRC) and its representative unions, the Association of Mineworkers and Construction Union, the National Union of Mineworkers and Solidarity across MRC operations. This agreement will consequently be applied at the Booysendal Mine.

Section 11 consent obtained and Part B acquisition of Everest becomes unconditional

Northam shareholders are referred to the SENS announcement dated 10 February 2015 wherein shareholders were advised that Northam had entered into a sale of assets agreement with Aquarius Platinum (South Africa) (Pty) Ltd

Northam acquisition of Everest finalised

Northam Platinum is pleased to advise that its acquisition of the Everest operation from Aquarius Platinum South Africa (Pty) Ltd (AQPSA) has been finally concluded.

Notice of annual general meeting

The annual general meeting of Northam shareholders will be held at Glen Hove Conferencing, 52 Glenhove Road, Melrose Estate, Johannesburg, South Africa on Wednesday, 11 November 2015 at 10:00 to transact the business as stated in the notice of annual general meeting, forming part of the abridged annual report 2015.

Change of registered office

Northam and Zambezi Platinum announce that their registered office will, with effect from 1 January 2016, change to:

Building 4, 1st Floor, Maxwell Office Park, Magwa Crescent West, Waterfall City, Jukskei View, 2090.

Northam’s short term credit rating upgraded

Northam wishes to advise shareholders that the credit rating agency, Global Credit Rating Co. (“GCR”), has upgraded Northam’s short term credit rating from A2(za) to A1-(za) and reaffirmed the Company’s long term rating of BBB+(ZA) with the outlook accorded as Stable.

Full capital redemption

In accordance with the Terms and Conditions of Northam’s ZAR 2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012, investors are herewith advised of the full capital redemption of the NHM001 notes.

Steady progress at Northam

The company’s results for the 2015 financial year were released on SENS this morning and posted to shareholders today, Thursday 20 August.

Trading statement

Northam’s R6.6 billion black economic empowerment (BEE) equity transaction (BEE Transaction), which raised the Company’s empowerment levels to 35.4% secured for 10 years, and incorporated an equity injection, was the single most important development for the Company in the financial year ended 30 June 2015.

Wage settlement concluded at Northam’s Zondereinde mine

Northam Platinum is pleased to advise that wage negotiations at its Zondereinde mine have been concluded with the representative union, the National Union of Mineworkers.

Disruption to Booysendal operations - update

Further to the announcement on 21 July, Northam advises shareholders that operations at its Booysendal mine have normalised. 

Disruption to Booysendal operations

Shareholders are advised that civil unrest in the form of protests by communities in the Steelpoort valley is impacting the company’s production effort at its Booysendal mine.

Termination of the Northam American Depositary Receipt (“ADR”) program

Northam advises that the company’s sponsored ADR Level 1 program, through the Bank of New York Mellon (“BNY Mellon”), will terminate with effect from 15 June 2015.

Notification in terms of section 122(3)(b) of the companies act, no. 71 of 2008 (the "Act") and section 3.83(b) of the JSE Limited listings requirements (“JSE Listing Requirements”)

Shareholders are referred to the Northam SENS announcement published on Wednesday, 20 May 2015 pertaining to the notification received from...

Dealings in securities

Shareholders are referred to the Northam circular dated 17 February 2015 relating to Northam’s fully funded R6.6 billion, 10 year secured broad-based black economic empowerment transaction.

Notification in terms of section 122(3)(b) of the companies act, no. 71 OF 2008 (the "Act") and section 3.83(b) of the JSE Limited Listings Requirements (“JSE Listing Requirements”)

Shareholders are referred to the Northam circular dated 17 February 2015 and the Northam offer circular dated 21 April 2015 relating to Northam’s...

Zambezi Platinum pref share offer over-subscribed

Zambezi Platinum successfully raises R4.6 billion

Northam Platinum is pleased to advise that Northam shareholders have once again shown their overwhelming support for Northam’s landmark BEE transaction...

Listing of a new financial instrument – ZPLP

The JSE Limited has granted approval to Zambezi Platinum for the listing of the ZPLP preference shares on Monday, 11 May 2015, under Zambezi Plat RF Ltd Pref, however the Preference Shares will be issued with effect from Monday, 18 May 2015.

Successful listing for Zambezi Platinum

Zambezi Platinum (RF) Limited (Zambezi Platinum), the special purpose vehicle created to house the newly constituted HDSA shareholding in Northam Platinum Limited (Northam), successfully listed as a debt issuer on the main board of the JSE this morning, Monday 11 May 2015.

Zambezi Platinum lists as a preference share on the JSE

Zambezi Platinum (JSE: ZPLP) listed as a preference share on the Main Board of the JSE. The listing of Zambezi Platinum’s preference shares follows the conclusion of a Broad Based Black Economic Empowerment (BBBEE) transaction by Northam Platinum, which was initiated to establish a sustainable historically disadvantaged South Africans (HDSA) shareholding in the company. 

New entrant to the JSE

Zambezi Platinum: Empowering a new era in mining

Zambezi Platinum (RF) Limited (Zambezi Platinum), the special purpose vehicle created to house the newly constituted HDSA shareholding in Northam Platinum Limited (Northam), will be admitted to the main board of the JSE on Monday 11 May 2015.

Part A acquisition of Everest becomes unconditional

Northam shareholders are referred to the SENS announcement dated 10 February 2015, wherein Shareholders were advised that Northam had entered into a sale of assets agreement with Aquarius Platinum (South Africa) (Pty) Ltd to acquire the Everest Mining Assets and Everest Mining Right, for a total cash purchase consideration of R450 million...

Posting of the Northam offer circular and Zambezi Platinum prospectus to Northam shareholders

Shareholders are referred to the declaration and finalisation announcement released on the stock exchange new service of the JSE Limited on Friday, 10 April 2015...

Change to the board of directors

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders of Northam are advised that Mr JAK Cochrane has resigned as a director, with effect from 15 April 2015.

Notice of acquisition of beneficial interests in Northam ordinary shares ("shares")

In accordance with Section 122(3)(b) of the Companies Act, No 71 of 2008, as amended (“the Act”) and paragraph 3.83(b) of the JSE Listings Requirements, Northam shareholders are advised of the following:

Northam’s R6.6 billion Black Economic Empowerment transaction approved and results of general meeting

Northam shareholders are advised that at the general meeting of shareholders held on Thursday, 19 March 2015.

Notice of acquisition of beneficial interests in Northam ordinary shares (“shares”)

In accordance with Section 122(3)(b) of the Companies Act, No 71 of 2008, as amended (“the Act”) and paragraph 3.83(b) of the JSE Listings Requirements, Northam shareholders are advised of the following.

Secondary placement of a 13% interest in Northam and notification in terms of section 122(3) of the Companies Act

Prior to this announcement ENRC N.V. held 51 732 782 ordinary shares in Northam, constituting approximately 13.01% of Northam’s issued share capital.

Dealings in securities

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, Northam hereby advises its shareholders of the following dealings by directors of the company and the company secretary:

Northam provides update on strategy

Northam Platinum chief executive Paul Dunne told analysts and the media today that some clear opportunities were emerging in the platinum sector, which Northam is exploring and progressing in terms of its strategic review process.

Northam swings to profit

The company’s results for the first half of the 2015 financial year were released on SENS this morning and posted to shareholders today, Friday 20 February 2015.

Notice of general meeting

Shareholders are referred to the SENS announcement on 22 October 2014 in which they were advised that Northam had concluded a fully funded R6.6 billion ten year secured Broad Based Black Economic Empowerment transaction...

Trading statement

Shareholders are advised that the group’s earnings and headline earnings per share for the six months ended 31 December 2014 are estimated to range between 80 cents per share and 98 cents per share.

Northam acquires the Everest Mine and related assets

Northam is pleased to announce that it entered into a sale of assets agreement with Aquarius Platinum on 9 February 2015 in terms of which Northam will acquire the Everest Mining Assets...

Process in place to resolve strike action at Zondereinde

Following constructive discussions between management and the NUM leadership at Zondereinde mine over the past few days...

Industrial action at Northams Zondereinde Mine: update 4

Northam Platinum Limited advises that the situation at the company’s Zondereinde Mine remains unchanged while management continues to engage with the National Union of Mineworkers (NUM) in a bid to normalise operations as soon as possible.

Industrial action at Northam’s Zondereinde Mine: update 3

Northam Platinum Limited advises that management has taken a decision to temporarily suspend operations at the Zondereinde Mine in the interests of securing the safety and security of employees and company property.

Unprotected work stoppage at Zondereinde – update 2

Following the court interdict served on Northam Platinum’s striking Zondereinde employees yesterday, over 40% of the shift complement (of some 4,600 people) reported for the morning shift at the mine today.

Unprotected work stoppage at Zondereinde – update 1

Northam Platinum Limited’s urgent application for an interdict in respect of unprotected industrial action at the Zondereinde mine has been granted by the Labour Court.

Industrial action at Northam’s Zondereinde Mine

Northam Platinum Limited confirms that employees at the Zondereinde Mine, in Limpopo, embarked on unprocedural industrial action with effect from the night shift on 13 January 2015.