Platmin: mining operations resumed at Pilanesberg Platinum Mine

TORONTO: Platmin Limited ("Platmin", TSX/AIM: PPN) is pleased to advise that mining activities have resumed at the Pilanesberg Platinum Mine following the temporary suspension of operations reported earlier this week. 

The stoppage followed an ad hoc inspection by the Inspector of Mines after which the mining contractor, MCC Contracts (Pty) Limited, made certain adjustments to their operating procedures.

The impact of the stoppage on production was negligible, and the commissioning of the plant was unaffected, with plant feed material being drawn from the run of mine stockpile. 

About Platmin 

Platmin is an emerging PGM producer. Its flagship Pilanesberg platinum mine on the western limb of the Bushveld Complex is currently ramping up to full production. Platmin also holds interests in a suite of exploration and development projects, viz Mphahlele, Grootboom and Loskop projects which offer long-term growth potential on the eastern limb of the Bushveld Complex. The South African Bushveld Complex is estimated to contain approximately 90% of global platinum mineral resources.