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Lonmin senior exploration manager joins Platmin
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19th August 2008
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Precious metals junior Platmin on Tuesday said that it had recruited former Lonmin senior exploration manager Jan van der Merwe to its own employ.

He would serve the Toronto- and London-listed company as exploration manager.

Platmin, which was building the Pilanesberg mine north-west of Johannesburg, would become a producer in the first quarter of 2009, building up to steady state production of 250 000 oz of platinum-group metals by mid- to late-2009.

The firm said that Van der Merwe had 20 years of experience at Lonmin, the company which Xstrata was trying to buy for $10-billion.

“We are delighted that Jan has decided to join us at Platmin. He brings a wealth of knowledge and experience to our exploration efforts in the Bushveld Complex,” Platmin COO Terry Holohan said in a statement.

Meanwhile, Pallinghurst Resources, which will list on the JSE on Wednesday morning, on Monday said that it had bought Platmin’s local empowerment partner, Moepi.

This gave it a 25% stake in Platmin’s South African operating subsidiary, Boynton Investments.

Edited by: Mariaan Webb


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