[miningmx.com] — NORTHAM Platinum has warned investors the smelter run-out at its Zondereinde mine could affect income by some R300m in the current financial year.
The company said on Monday it would take four months to rebuild the smelter following Friday’s run-out.
“Northam is currently in discussions to secure alternative smelting services in order to contain the impact on the company,” read a statement.
Northam said the revenues should be realised in the next financial year, starting July 1.
