Eastplats Production Results For Last Quarter of 2011

Resource Investing News

Eastern Platinum Limited (TSX:ELR,AIM:ELR,JSE:EPS) reported from the Crocodile River Mine for the quarter ended December 31, 2011.

Eastern Platinum Limited (TSX:ELR,AIM:ELR,JSE:EPS) reported from the Crocodile River Mine for the quarter ended December 31, 2011.

As quoted in the press release:

Fourth quarter mining and production at the Crocodile River Mine (“CRM”) were negatively impacted by strike action by employees of CRM’s main mining contractor, JIC Mining Services, in October, and by a Section 54 shut-down of operations following the fatality at CRM in November. Both incidents resulted in stoppages of mining operations. Concentrator recovery decreased as a result of the subsequent disruptions to the steady state operation of the processing plant.

Click here to read the Eastern Platinum Limited (TSX:ELR) press release.  

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