Lemur's Quarterly Report filed on the ASX

Bushveld Minerals Ltd

("Bushveld" or the "Company")

Lemur Resources Limited - Quarterly Report filed on the ASX

Bushveld Minerals Limited (AIM: BMN), a diversified mineral development company with projects in Africa, advises that its subsidiary, Lemur Resources ("Lemur") released a Quarterly Report for the period ended 31 December 2013, on the ASX today. Bushveld has a controlling 54.39% interest in Lemur.

Lemur's Quarterly Report is available in full here:

http://www.rns-pdf.londonstockexchange.com/rns/9621Y_-2014-1-31.pdf

For further information on Bushveld, please visit http://www.bushveldminerals.com or contact:

Enquiries: [email protected]

Bushveld Minerals Limited: Fortune Mojapelo +27 (0) 11 268 6555

Fox Davies Capital Limited: Jonathan Evans +44 20 3463 5000

Tavistock Communications: Jos Simson/ Nuala Gallagher +44 (0) 20 7920 3150

Tielle Communications: Stéphanie Leclercq +27 (0) 83 307 7587

Notes to the editor

Bushveld Minerals Limited is a mineral development company with a portfolio of vanadium-and titanium bearing iron ore and tin assets in Southern Africa. The Company owns the Bushveld Iron Ore Project and Mokopane Tin Project, both located on the northern limb of the Bushveld Complex, South Africa. In addition, Bushveld has a controlling 54.39% interest in Lemur Resources (ASX: LMR), that owns the Imaloto coal project in Madagascar.

Bushveld was admitted to the AIM Market of the London Stock Exchange in March 2012.