Industrial Action at Smokey Hills
2010年3月3日 - 4:00PM
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Platinum Australia Limited
03 March 2010
AIM Release
3 March 2010
INDUSTRIAL ACTION BY MINING CONTRACTOR EMPLOYEES AT SMOKEY HILLS
Platinum Australia Limited (ASX:PLA) (AIM:PLAA) advises that the majority of the
employees of the mining contractor, Redpath Mining (South Africa) (Pty) Limited,
at the Smokey Hills Mine have engaged in unprotected industrial action and
refused to go underground since dayshift on 1st March.
The employees have been advised by the contractor to return to work or face
dismissal for participating in unprotected industrial action. The contractor has
measures in place to deal with this situation in the event that employees are
dismissed.
While the action does not involve any other workers on the mine, it has resulted
in the stoppage of almost all operations at the mine. Scheduled maintenance work
in the plant has been brought forward to assist in minimising the impact of the
stoppage.
The Company is unsure how long the action will impact on operations at Smokey
Hills, but at this point expects normal operations to recommence by the end of
this week or the beginning of next week.
PLATINUM AUSTRALIA LIMITED
JOHN D LEWINS
Managing Director
+------------------+-------------------+-----------------+------------------+------------------+
| John | Media | Media | AIM Nominated | UK Broker: |
| Lewins | enquiries | enquiries | Advisor: | RBC Capital |
| Managing | UK: | AUS: | Ambrian | Markets |
| Director | Ron | John Lewins | Partners | +44 207 653 4000 |
| Platinum | Marshman & | | Limited | |
| Australia | John | +61 8 9324 1491 | +44 207 634 4700 | |
| +61 08 9324 1491 | Greenhalgh | M: +61 419 910 | | |
| M: 0419 910 061 | City of | 061 | | |
| | London PR | | | |
| | +44 020 7628 5518 | | | |
+------------------+-------------------+-----------------+------------------+------------------+
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