Eastern Platinum Limited 3
Eastern Platinum Limited (Eastplats) is headquartered in Vancouver, Canada and listed on the Toronto Stock Exchange.
The company is engaged in the acquisition, exploration and development of platinum group metals (PGM) with interests in four PGM projects in South Africa: Crocodile River Mine, the Kennedy’s Vale Project, the Spitzkop Project and the Mareesburg Project. All of these projects are either on care and maintenance, on hold, or in development.
In March 2018, the company announced that it had entered into an agreement with Union Goal Offshore Solution Limited for the construction, mining and processing of the tailings resource, and the subsequent offtake of chrome concentrate from the Barplats Zandfontein UG2 tailings facility located at the Crocodile River Mine. This retreatment project is currently Eastplats’ only active mining project.1
Operations
Crocodile River Mine2
- Location: 70 km north-northwest of Johannesburg, in the North West Province.
- Type of mine: Opencast and underground.
- Current status: Two operating mining sections in care and maintenance (the Zandfontein and Maroelabult sections) and two development sections (the Crocette and Kareespruit sections).
- Size: No publicly available information on size of mining right.
- Life of Mine: No publicly available information on life of mine.
Kennedy’s Vale3
- Location: 15km north-east of Steelpoort, and 30km north-east of Burgersfort, in Limpopo.
- Type of mine: Underground.
- Current status: Development project that has been suspended. No active plans to recommence development.
- Size: No publicly available information on intended size.
- Life of Mine: No publicly available information on life of mine.
Spitzkop4
- Location: 15km north-east of Steelpoort, and 30km north-east of Burgersfort, in Limpopo.
- Type of mine: Underground.
- Current status: Development project that has been suspended. No active plans to recommence development.
- Size: No publicly available information on intended size.
- Life of Mine: No publicly available information on life of mine.
Mareesberg5
- Location: 50 km to the west of the town of Lydenburg, in Limpopo.
- Type of mine: Opencast.
- Current status: Pre-feasibility.
- Size: 21.29km2 (property size).
- Life of Mine: No publicly available information on life of mine.