Platinum Australia Reviews Smokey Hills

Mining Weekly reported Platinum Australia (ASX:PLA) stopped trading on Monday as it announced it is reviewing its Smokey Hills operation in South Africa.

As quoted in the market news:

In a statement to the ASX, Platinum Australia said that difficult operating conditions have prevented the Smokey Hills mine from reaching its forecasted production levels.

June production was also affected by a four-day safety shutdown, with tons milled now only expected to reach some 29 000 t in June, compared with a forecast of 47 980 t.

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