Record production at Lonmin 1st August 2006
South African mining firm Lonmin has recorded record production for the nine months to the end of June.
It is also on course to produce one million ounces of platinum in concentrate over a year for the first time.
Platinum production was up 8.8 per cent on the same period last year to 751,759oz, with total pgm in concentrate production up 11 per cent to 1,456,045oz.
"Our mining operations continue to perform very strongly reporting record production for the nine months," said Brad Mills, the company's chief executive.
"We remain on track to produce around one million ounces of platinum in concentrate from our mines for the full year."
He also confirmed the company, the world's third largest platinum producer, was slowly recovering from the damage sustained by the closure of its main South African furnace in April. It was closed after the discovery of a leak.
"The Process Division has ramped up more slowly than we had planned during the third quarter following the April shutdown of the number one furnace," he added.
The company now anticipates sales for the full year will be around 950,000 to 960,000oz of platinum.
Ÿ Adfero Ltd

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