Smokey Hills Power Interruption


 

TIDMPLAA 
 
RNS Number : 3276G 
Platinum Australia Limited 
29 January 2010 
 

AIM Release 
 
 
29 January 2010 
 
 
 
 
                        SMOKEY HILLS POWER INTERRUPTION 
 
 
 
 
The main control panel of the generators at Smokey Hills Platinum Mine suffered 
significant damage as the result of a direct lightning strike on Tuesday 26th 
January. As a result Platinum Australia Limited (ASX:PLA) (AIM:PLAA) expects the 
milling and flotation sections of the plant at Smokey Hills to be down for 
approximately three to four days until site generated power is restored. The 
mine and crushing section of the plant are currently operating on power from the 
Eskom grid and are therefore unaffected by the stoppage. 
 
 
The Company anticipates that the stoppage will result in a loss of production of 
approximately 1,000 ozs of 4E PGM. 
 
 
Power from the Eskom grid currently provides approximately 50% of the power 
requirements of the operation through a temporary facility, with the balance, 
primarily for the processing plant, provided by the on-site generator plant. The 
permanent connection from the Eskom grid is currently under construction and is 
expected to be completed in March or April 2010. The on site generator plant 
will remain installed at site following the completion of the permanent Eskom 
connection to provide back up power. 
 
 
 
 
PLATINUM AUSTRALIA LIMITED 
JOHN D LEWINS 
Managing Director 
 
 
 
 
+------------------+-------------------+------------------+-------------------+----------------------+ 
| John Lewins      | Media             | Media enquiries  | AIM Nominated     | UK Broker:           | 
| Managing         | enquiries UK:     | AUS:             | Advisor:          | RBC Capital Markets  | 
| Director         | Ron Marshman &    | John Lewins      | Ambrian Partners  | +44 207 653 4000     | 
| Platinum         |                   | +61 8 9324 1491  | Limited           |                      | 
| Australia        | John              | M: +61 419 910   | +44 207 634 4700  |                      | 
| +61 08 9324 1491 | Greenhalgh        | 061              |                   |                      | 
| M: 0419 910 061  | City of London    |                  |                   |                      | 
|                  | PR                |                  |                   |                      | 
|                  | +44 020 7628 5518 |                  |                   |                      | 
+------------------+-------------------+------------------+-------------------+----------------------+ 
 
 
Glossary 
 
 
4E PGM - Platinum + Palladium + Rhodium + Gold 
UG2 Reef - Upper Group 2 Reef 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCEAFFNADEEEEF

Platinum Australia Ld (LSE:PLAA)
過去株価チャート
から 5 2024 まで 6 2024