Business
Eastern Platinum Limited Provides an Update on South African Operations and a Corporate Update
Eastern Platinum Limited Provides an Update on South African Operations and a Corporate Up...
About this update from Eastern Platinum Limited
[{"type":"text","content":"\n\n\n\nEastern Platinum Limited Provides an Update on South African Operations and a Corporate Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 4, 2020\n\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/\n VANCOUVER, May 4, 2020 /CNW/ - Eastern Platinum Limited (\"Eastplats\" or the \"Company\") is pleased to report that on May 1, 2020 South Africa moved from the level 5 lock-down restrictions to level 4 in their alert system in response to COVID-19. This change permits Barplats Mines (Pty) Ltd. (\"Barplats\"), a subsidiary of Eastplats, to begin the process of recalling its remaining workforce located within the Province, that were on paid leave during the lockdown, back to the mine in a carefully planned and phased return to work during May 2020. \nOperations Update\nBarplats continued operating its tailings retreatment project located at the Crocodile River Mine (the \"Retreatment Project\") at a reduced capacity and workforce during the South African lock-down, following the issuance of an essential services permit on April 8, 2020. The Company has also been able to continue all required care and maintenance activities in relation to its underground mine and environmental commitments.     \nThe Company remains committed to the Government of South Africa's direction to prevent the risk of spread of COVID-19. Eastplats continues to update and monitor its risk assessments and has adopted appropriate procedures, consistent with government directives, to maintain a safe workplace for its employees and the communities in which it operates.\nCorporate Update\nDue to COVID-19, the South African and Canadian emergency measures and lock-down response and the impact this has had on market participants, various regulatory authorities have announced temporary relief from certain regulatory filings. This relief provides issuers with a 45-day extension for periodic filings, including financial statements and management's discussion and analysis, required to be filed on or before...