25th Jun 2012 07:00
[FOR IMMEDIATE RELEASE]
25 June 2012
Fatality at Marikana
It is with regret that Lonmin Plc announces that an employee lost his life in an incident at the Company's
Rowland shaft on Friday 22 June 2012. The family of the deceased has been informed.
Management immediately stopped the Rowland shaft, informed the DMR and began an investigation. The shaft will remain closed until that investigation, which is being undertaken in partnership with all stakeholders, is complete.
CEO Ian Farmer said: "On behalf of the whole Company I would like to extend our deepest sympathies to the family and friends of our colleague who has died. Safety is our absolute number one priority and we will work with stakeholders to determine the cause of this tragic incident as quickly as possible."
- ENDS -
ENQUIRIES
Investors / Analysts: | |
Lonmin | |
Tanya Chikanza (Head of Investor Relations) | +27 11 218 8300 |
Ruli Diseko (Investor Relations Manager) | +27 11 218 8300 |
Media: | |
Cardew Group | |
James Clark / Emma Crawshaw | +44 (0)20 7930 0777 |
Inzalo Communications | |
Gillian Findlay / Bridget von Holdt | +27 (0)11 646 9992 |
Notes to editors
About Lonmin:
1. Lonmin is one of the world's largest primary producers of Platinum Group Metals (PGMs). These metals are essential for many industrial applications, especially catalytic converters for internal combustion engine emissions, as well as their widespread use in jewellery.
Our operations, consisting of eleven shafts and inclines, are situated in the Bushveld Complex in South Africa, a country which hosts nearly 80% of global PGM resources. We have been granted a New Order Mining Licence by the South African government for our core operations, which runs to 2037 and is renewable to 2067. We have resources of 175 million troy ounces of PGMs and 43 million ounces of reserves.
We create value for our shareholders through mining, refining and marketing PGMs and have a vertically integrated operational structure - from mine to market. Our Mining operations extract ore from which our Process Division produces refined PGMs for delivery to our customers. Underpinning our operations, our Shared Services functions provide high quality levels of support and infrastructure across the operations.
For further information please visit our website: http://www.lonmin.com
Forward-Looking Information:
2. This press release includes certain forward-looking information reflecting current views with respect to current and future events and circumstances and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions, including those relating to changes in business, performance and markets. Actual results may differ materially from information contained in the forward-looking information as a result of a number of those factors.
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