Platmin resumes mining operations at Pilanesberg platinum mine


    TORONTO, April 3 /CNW/ - Platmin Limited ("Platmin", TSX/AIM: PPN)
advises that mining operations have resumed at the Company's Pilanesberg
Platinum Mines (Pty) Ltd (PPM) following the safety-related suspension on
March 25, 2009.
    The mining operations were suspended to enable a detailed review of all
operating practices at the mine by the PPM management team in close
cooperation with the safety inspectorate of the Department of Minerals and

    About Platmin

    Platmin is an emerging mid-tier platinum group metal producer. Platmin's
flagship, Pilanesberg platinum mine has started producing concentrate and is
currently ramping up to full annualized production of 250,000 oz (3PGM+Au).
Platmin holds interests in a suite of development projects, notably Mphahlele,
Grootboom and Loskop, also located in the Bushveld Complex of South Africa.
The Bushveld Complex is estimated to contain approximately 90% of global
platinum mineral resources.

    The latest marketing presentation for Platmin, entitled "South Africa's
next low cost PGM Producer, Q4 FY09 Update, March 23, 2009" may be viewed on
the website at


    Certain statements contained in this market release constitute
forward-looking information, future oriented financial information, and
financial outlooks (collectively "forward-looking information") within the
meaning of Canadian securities laws. Forward-looking information may relate to
the matters discussed in this market release and other matters identified in
Platmin's public filings, Platmin's future outlook and anticipated events or
results and, in some cases, can be identified by terminology such as "may",
"will", "should", "expect", "plan", "anticipate", "believe", "intend",
"estimate", "predict", "potential", "continue" or other similar expressions
concerning matters that are not historical facts. Actual results may vary from
such forward-looking information for a variety of reasons, including those set
forth below.
    Forward-looking statements in this market release include statements
regarding future production and are based on a number of material factors and
assumptions, including Eskom supplying adequate power to the Northam smelter,
that contracted parties provide goods and/or services on the agreed
timeframes, that equipment necessary for construction and development and
mining is available as scheduled and does not incur unforeseen break downs,
that no labor shortages or delays are incurred, that plant and equipment
function as specified, that no unusual geological or technical problems occur,
and that on-going contractual negotiations will be completely successful and
progressed and/or completed in a timely manner.
    There can be no assurance that Platmin's actual results will match the
forward-looking information as a result of a number of risks for Platmin's
projects with power requirements or otherwise normal hazards (geological,
technical, and production) associated with mining operations, adverse currency
fluctuations, and those risks publicly disclosed by Platmin in its filings
available at While Platmin considers these assumptions to be
reasonably based on information currently available to it, they may ultimately
prove to be incorrect.

For further information:

For further information: Ian Watson, Chief Executive Officer, +27 12 661
4280; Terry Holohan, Chief Operating Officer, +27 12 661 4280; Fiona Owen,
Grant Thornton UK LLP (Nominated Adviser), +44 207 383 5100; Marion Brower,
Russell & Associates, +27 11 880 3924

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