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BRIEF-Atlatsa announces a restructure plan for Bokoni Platinum Mine

Published 2015-09-16, 08:23 a/m
© Reuters.  BRIEF-Atlatsa announces a restructure plan for Bokoni Platinum Mine
ATL
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Sept 16 (Reuters) - Atlatsa Resources Corp ATL.TO :
* Announces a restructure plan for bokoni platinum mine
* Says has determined to implement a restructure plan at bokoni platinum mine
proprietary limited
* Primary objective of the restructure plan is to enable bokoni mine to endure
a prolonged period of depressed pgm commodity prices
* Implementation of the restructure plan at bokoni mine is anticipated to
result in significant reduction in labour overheads
* Implementation of restructure plan at bokoni mine is anticipated to result in
reduction in bokoni mine's unit cost of production
* Implementation of restructure plan is anticipated to result in vertical
merensky shaft operations being placed on care,maintenance
* Bokoni mine will propose offering voluntary severance and early retirement
packages
* Rpt-atlatsa announces a restructure plan for bokoni platinum mine

* Source text for Eikon ID:nCNWp1hZ9a

* Further company coverage ATL.TO

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