Photo by: Duane Daws
JOHANNESBURG (miningweekly.com) – Platinum miner Lonmin’s operations have returned to full production ahead of schedule.
The company reported on Wednesday that tonnes mined in August and September had exceeded production volumes for the comparable months in 2013 – one-million tonnes in August 2013 and 1.04-million tonnes in September 2013.
“From August onwards, Lonmin has achieved steady-state production at normal levels,” the company said in a statement.
It added that the successful ramp-up had been accelerated by earlier and stronger levels of employees returning to work than had been previously expected, resulting in a rapid, safe and efficient ramp-up of operations and plants.
“Excellent attendance levels have continued and Lonmin has experienced strong performance across all our operations. Prudent cash and balance sheet management has enabled [the] return to full production to be completed well within the company's existing financial resources,” Lonmin stated.
The company would provide greater detail on the restart of its operations when it releases its fourth-quarter production report on November 10.