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SouthernEra's Messina Platinum Commissions Phase 1 Concentrator Plant
Thursday September 19, 9:01 am ET
Shares Issued and Outstanding: 51,611,800 TSX: SUF AIM: SRE
TORONTO, Sept. 19 /CNW/ - SouthernEra Resources Limited is pleased to announce the successful commissioning of the Messina Platinum Mine's new 90,000 tonnes per month Phase 1 Platinum Concentrator Plant.
Following cold commissioning of the concentrator plant by the construction company DRA, the plant was handed over to Messina Platinum for hot commissioning on September 12, nine days ahead of the scheduled September 21 date.
The concentrator plant commenced with hot commissioning on September 13 and has been milling low-grade ore to prove the mill and test the float circuit mechanical and electrical systems. It is expected that the plant will progress to stockpiled normal plant feed during the course of the coming week.
The new tailings dam facility received the initial milled tonnage and is on track for the scheduled completion date.
Current indications are that the plant will show substantial savings over the budgeted R189 million (US$18 million) with a projected final cost of R167 million (US$16 million).
SouthernEra Resources is a fully integrated international mining company, which generates projects offering exceptional rates of return. The Company's focus is on platinum group metals and diamonds. Its operations in South Africa include the 70.4 percent owned Messina Platinum Mine and the 50 percent owned Klipspringer Diamond Mine. The common shares of SouthernEra are traded on the Toronto Stock Exchange (SUF) and the London Stock Exchange's AIM (SRE).
For further information
SouthernEra Resources Limited - Patrick C. Evans, President and CEO
or Dr. Sally Eyre, Vice President Corporate Affairs, Telephone: (416) 359-9282, Fax: (416) 359-9141, E-mail: inbox@southernera.com
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Source: SouthernEra Resources Limited |
