Dealings in securities

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited (“JSE”) Listings Requirements, Northam advises its shareholders of the following dealing by a director of the company.

Eventful year for Northam

Northam Platinum Limited (Northam) issued its results for the 2017 financial year today, Friday 25 August 2017. 

Solid performance and sound cost control as Northam plans for a rising market

Northam Platinum Limited (Northam) issued its results for the 2017 financial year today, Friday 25 August 2017.

DMR approval for Northam’s Tumela acquisition

[Media Release] Northam is pleased to announce that the DMR has approved the company’s intended acquisition of a portion of the Amandelbult mining right.

Northam receives section 102 consent for the acquisition of a portion of the amandelbult mining right

[SENS] Northam shareholders are referred to the announcement released on 11 October 2016 in respect of, inter alia, the acquisition by Northam of a portion of the Amandelbult mining right, contiguous with the north western boundary of Northam’s Zondereinde mine, for a cash consideration of R1 billion.

Trading statement and trading update

Shareholders are advised that the group’s loss per share for the year ended 30 June 2017 is estimated to range between 167.8 cents per share and 196.0 cents per share and the headline loss per share is estimated to range between 167.3 cents per share and 196.3 cents per share.

Northam diversifies into the recycling market

Northam is pleased to advise that it has reached agreement to purchase a suite of PGM recycling equipment and the associated premises from A-1 Specialized Services Inc., a recycler of PGMs. The business is located in the state of Pennsylvania, United States of America.

Acquisition of Platinum Group Metals Recycling Assets in the United States of America

Northam is pleased to announce that it has entered into binding transaction agreements pursuant to which it will acquire platinum group metals recycling equipment located in Pennsylvania, United States of America, as well as immoveable property comprising land and buildings for the PGM Recycling Equipment.

Notice confirming written consent of noteholders

Northam confirms that 97.7% of all Noteholders consented in favour of the Proposed Amendment. No Noteholders objected to the Proposed Amendment

Notice of acquisition of beneficial interest 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 Limited Listings Requirements, Northam shareholders are advised of the following:

Notice of request for written consent of Noteholders

A notice of request for consent has been delivered by Northam to each holder of Notes issued under Northam’s ZAR2 000 000 000 Domestic Medium Term Note Programme.

Dealings in securities

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited (“JSE”) Listings Requirements, Northam advises its shareholders of the following dealing by a director of a major subsidiary of the company:

Northam exits Pandora Joint Venture

Northam Platinum Limited (Northam) announced today that it has entered an agreement to sell its 7.5% stake in the Pandora joint venture (JV) to Lonmin’s Eastern Platinum Limited for a cash consideration of R45.6 million.

Northam disposes of its 7.5% interest in the Pandora Joint Venture

Northam is pleased to announce that Mvelaphanda Resources Proprietary Limited, a wholly-owned subsidiary of Northam, entered into a sale of participation interest agreement with Eastern Platinum Limited, a subsidiary of Lonmin Plc on 13 May 2017.

Dealings in securities

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited (“JSE”) Listings Requirements, Northam advises its shareholders of the following dealing by a director of the company.

Standout performance at Northam’s Booysendal mine

Northam is pleased to announce that it has made further progress in delivering on its growth strategy by acquiring the Eland Platinum mine from Glencore Operations South Africa (Pty) Ltd (GOSA).

Northam acquires Eland and enters chrome marketing agreement

[Media Release] Northam is pleased to announce that it has made further progress in delivering on its growth strategy by acquiring the Eland Platinum mine from Glencore Operations South Africa (Pty) Ltd (GOSA).

Northam acquires the Eland Platinum mine and concludes a chrome marketing agreement

[SENS] Northam is pleased to announce that it has entered into the following agreements.