Northam Platinum’s Bond Payout Sparks Investor Optimism

  • Northam Platinum Limited announces interest payment for NHM023 bond.
  • Interest amount due is R6,638,746.68 for the period from 21 April to 20 July 2023.
  • Company's commitment to timely payments reinforces investor confidence.
northam platinum

Northam Platinum Limited, a leading mining company based in South Africa, has issued an official interest payment notification for its NHM023 bondholders. This announcement comes as the company prepares to fulfill its financial obligation to bondholders by disbursing the interest payment on Friday, 21 July 2023.

The NHM023 bond, with a registration number of ZAG000190968, has garnered significant attention from investors due to its competitive coupon rate of 10.958%. This attractive yield has positioned Northam as an appealing investment option within the mining sector, attracting both institutional and individual investors alike.

The interest payment, covering the period from 21 April 2023 to 20 July 2023, amounts to an impressive R6,638,746.68. This payment reflects Northam Platinum Limited’s strong financial performance and commitment to delivering value to its bondholders.

The table below outlines the key details of the interest payment:

Bond Details
Bond CodeNHM023
Interest Period21 April 2023 to 20 July 2023
Interest Amount DueR6,638,746.68
Payment Date21 July 2023
Date ConventionFollowing Business Day

As a responsible corporate entity, Northam Platinum Limited has consistently demonstrated its commitment to meeting financial obligations and adhering to payment schedules. The company’s proactive approach to managing its debt instruments has contributed to its reputation as a trusted and reliable debt issuer in the market.

Northam’s timely interest payments further reinforce its financial stability and creditworthiness, providing investors with confidence in the company’s ability to weather market challenges and uncertainties.

The mining industry has seen its share of challenges in recent years, with fluctuating commodity prices and global economic uncertainties impacting market conditions. However, Northam Platinum Limited’s steadfast performance and proactive financial management have enabled it to thrive in a competitive environment.

Northam Platinum Limited’s successful interest payment serves as a testament to the company’s dedication to driving shareholder value and providing attractive investment opportunities. The NHM023 bond’s competitive coupon rate has been a key driver in attracting a diverse range of investors seeking stable returns on their investments.

Looking ahead, Northam Platinum Limited remains optimistic about its growth trajectory, supported by a strong pipeline of mining projects and a focus on operational excellence. The company’s strategic approach to growth, combined with its commitment to financial prudence, positions it favorably in the mining sector.

In conclusion, Northam Platinum Limited’s interest payment announcement for the NHM023 bond underscores the company’s financial strength and responsible debt management. Bondholders can expect to receive their interest payment on 21 July 2023, reinforcing the company’s reputation as a reliable and investor-friendly entity in the mining industry.

Visited 1 times, 1 visit(s) today

Stay ahead in the financial world – Sign Up to Rateweb’s essential newsletter for free. Get the latest insights on business trends, tech innovations, and market movements, directly to your inbox. Join our community of savvy readers and never miss an update that could impact your financial decisions.

Do you have a news tip for Rateweb reporters? Please email us at


Start trading with a free $30 bonus

Trade stocks, forex, commodities, metals and CFDs on stock indices with an internationally licensed and regulated broker. For all clients who open their first real account, XM offers a $30 trading bonus without any initial deposit needed. Learn more about how you can trade over 1000 instruments on the XM MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.


Personal Financial Tools

Below is a list of tools built to assist South Africans to make the best financial decisions:



South Africa’s primary source of financial tools and information

Contact Us


Rateweb strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions.

Rateweb is not a financial service provider and should in no way be seen as one. In compiling the articles for our website due caution was exercised in an attempt to gather information from reliable and accurate sources. The articles are of a general nature and do not purport to offer specialised and or personalised financial or investment advice. Neither the author, nor the publisher, will accept any responsibility for losses, omissions, errors, fortunes or misfortunes that may be suffered by any person that acts or refrains from acting as a result of these articles.