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Eastern Platinum Ltd. T.ELR

Alternate Symbol(s):  ELRFF

Eastern Platinum Limited owns directly and indirectly a number of platinum group metals (PGM) and chrome assets in the Republic of South Africa. All of the Company’s properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy’s Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the world’s PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource from the Barplats Zandfontein tailings dam and mining and processing ore from the Zandfontein underground section to both produce PGM and chrome concentrates. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers (km) northeast of Johannesburg. Mareesburg is an open-cut PGM project on a 2,129- hectares area in the southern part of the eastern limb of the Bushveld Complex, in the Limpopo Province of South Africa.


TSX:ELR - Post by User

Bullboard Posts
Comment by mtsuiton Feb 18, 2015 12:09pm
116 Views
Post# 23439738

RE:RE:RE:RE:RE:RE:RE:Preparing for next stage up

RE:RE:RE:RE:RE:RE:RE:Preparing for next stage up
WarthogARJ wrote: Where have you see that?


CIBC research:

"As previously noted, the
SA Government needs to approve the deal, and with its increasing focus
on Black Economic Empowerment and socio-economic benefits from
mining, we do not expect it will be easy to obtain government approval.
The recent cancellation of an asset sale deal between Aquarius (AQP-SO)
and a Chinese consortium is case in point."

Bullboard Posts