Production Report

25th Apr 2006 07:00

Lonmin PLC25 April 2006 First Half Production Report Lonmin today announces its production report for the first half to 31 March2006. Brad Mills, Chief Executive said: "Our mining operations had a record six months to 31 March 2006 producing501,827 ounces of Platinum and 977,352 ounces of total PGMs in concentrate fordespatch to the Process Division. As a result of the 27 day shutdown for theplanned rebuild of the number one furnace sales for the half were 413,030 ouncesof Platinum and 802,766 ounces of total PGMs. We continue to expect our miningoperations to produce around 1 million ounces of Platinum for the 2006 fiscalyear. In early April we shut down our number one furnace for 11 days to repair aleak. The Smelter is now fully repaired and once again running at full capacity.As a result of this outage, we currently believe that sales of Platinum for thefull year will be around 970,000 to 980,000 ounces." Mining Six months to Six months to 31 March 06 31 March 05 Tonnes milled* Marikana Underground (000) 5,739 5,427 Opencast (000) 1,264 1,480 Total (000) 7,003 6,907 Limpopo Underground (000) 487 - Opencast (000) 14 - Total (000) 501 - Lonmin Platinum Underground (000) 6,226 5,427 Opencast (000) 1,278 1,480 Total (000) 7,504 6,907Tonnes mined Marikana Underground (000) 5,793 5,405 Opencast (000) 996 1,244 Total (000) 6,789 6,649 Limpopo Underground (000) 491 - Opencast (000) 14 - Total (000) 505 - Lonmin Platinum Underground (000) 6,284 5,405 Opencast (000) 1,010 1,244 Total (000) 7,294 6,649 *excluding slag Six months to Six months to 31 March 06 31 March 05 Metals in Marikana Platinum (oz) 474,961 446,989concentrate (despatched) Palladium (oz) 219,213 193,334 Rhodium (oz) 71,244 62,235 Total PGMs (oz) 913,386 853,258 Limpopo Platinum (oz) 26,866 - Palladium (oz) 22,388 - Rhodium (oz) 3,646 - Total PGMs (oz) 63,966 - Lonmin Platinum Platinum (oz) 501,827 446,989 Palladium (oz) 241,601 193,334 Rhodium (oz) 74,890 62,235 Total PGMs (oz) 977,352 853,258 Metals in concentrate despatched are contained ounces in concentrate producedduring the period by the mining operations and despatched to the ProcessDivision. Metallurgy Six months to Six months to 31 March 06 31 March 05 Production Marikana refined Platinum oz 332,803 366,781 Palladium oz 142,209 157,058 Rhodium oz 53,866 35,253 Total PGMs oz 628,668 666,303 Marikana concentrate* Platinum oz 49,340 - Palladium oz 21,595 - Rhodium oz 6,177 - Total PGMs oz 92,977 - Limpopo concentrate Platinum oz 23,548 - Palladium oz 17,328 - Rhodium oz 2,907 - Total PGMs oz 51,417 - Lonmin Platinum Platinum oz 405,691 366,781 Palladium oz 181,132 157,058 Rhodium oz 62,950 35,253 Total PGMs oz 773,062 666,303 *Produced for sale as concentrate or toll refined. Lonmin Group Metal Sales Six months to Six months to 31 March 06 31 March 05 Sales Lonmin Platinum Platinum oz 413,030 365,653 Palladium oz 192,505 152,725 Rhodium oz 65,639 39,330 Total PGMs oz 802,766 671,591 Prices Six months to Six months to 31 March 06 31 March 05 Average price received per ounce Platinum R 6,100 5,000 $ 968 842 Palladium R 1,669 1,170 $ 266 196 Rhodium R 19,726 7,855 $ 3,142 1,320Basket price of PGMs and base $/kg 26,281 18,889metals Exchange Rates Six months to Six months to 31 March 06 31 March 05 Average exchange rate Sterling £/$ 0.58 0.53 SA Rand R/$ 6.29 5.94Closing exchange rates Sterling £/$ 0.58 0.53 SA Rand R/$ 6.15 6.22 Lonmin's Interim Results will be announced on 4 May 2006. Enquiries: Alex Shorland-Ball +44 (0) 20 7201 6060Vice President, Investor Relations & Communications This information is provided by RNS The company news service from the London Stock Exchange

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