PTMN Petmin

RNS Number:7045X
Petmin Limited
04 June 2007


                                 PETMIN LIMITED

                       (Previously Petra Mining Limited)
                  Incorporated in the Republic of South Africa
                       Registration Number 1972/001062/06
                       Share Code: PET ISIN: ZAE000010237
                    ("Petmin", "the company" or "the group")


COMMISSIONING OF SOMKHELE PROJECT AND FURTHER CAUTIONARY


Shareholders are referred to the Interim Financial Statements published on SENS
on 5 March 2007, an extract of which is set out below :

SOMKHELE


"The Somkhele Anthracite Project is nearing completion and first sales are
expected during the second quarter"


The Somkhele mine has a Samrec compliant CPR indicating proven and probable
reserves of 24.2 million Run of Mine tonnes ("ROM (t)") and resources of 81.59
million ROM (t). At the planned rate of production of 1 million ROM (t) per
annum, the reserves will sustain a 25 year life of mine.


Petmin is pleased to announce that the Coal crushing, washing and screening
plant with a nominal design throughput capacity of 120 000 ROM (t) per month was
commissioned on 1 June 2007 and will be fully operational by 1 July 2007.


The open pit development is on track and approximately 30 000 ROM (t) has been
stockpiled for processing and an additional estimated 150 000 ROM (t) is
scheduled to be exposed by the end of June.


Petmin has approved an extensive exploration and drilling program to increase
the proven and probable reserves.


FURTHER CAUTIONARY


Shareholders are advised that the company is still in negotiations, which if
successfully concluded may have a material effect on the price of the company's
securities. Accordingly, shareholders are advised to exercise caution when
dealing in Petmin's securities until a full announcement is made.


Sponsor
River Group


Johannesburg
04 June 2007
Enquiries:

Petmin
Jan Du Preez (CEO)
+27 825 571 979
Bradley Doig (COO)
+27 824 597 818
www.petmin.co.za

Parkgreen Communications
+44 207 851 7480
Justine Howarth

Numis Securities Limited
+44 207 260 1000
John Harrison
Nick Stamp





                      This information is provided by RNS
            The company news service from the London Stock Exchange

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