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BRIEF-Mintails updates on South Afican units' performance

Published 16/10/2015, 11:29 am
© Reuters.  BRIEF-Mintails updates on South Afican units' performance
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Oct 16 (Reuters) - Mintails Ltd MLI.AX :

* Company update <

* Says operational performance of several of its South African subsidiaries has

again fallen below expectations across all aspects of production

* Says "Due to the above impacts on operations, the situation is unlikely to

improve in the near term"

* Says South African units' performance has adversely impacted total tonnes

processed and key costs

* Currently reviewing financial position of group and financial impact

developments in South Africa will have on group

* Delays in the open caste mining of cmd to reach forecast production"

* Source text for Eikon ID:nASXbQtf0r

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