Eastern Platinum gears up to re-enter PGM sector
The Canadian firm is eyeing a full-blown return to platinum group metal mining in SA as it offers a discounted R375m rights issue
06 January 2021 - 11:34
Eastern Platinum (Eastplats) delivered its first platinum group metal (PGM) concentrate for sale in December, as the company slowly re-emerges as a player in the sector after a hiatus of more than seven years.
Eastplats, a Vancouver, Canada-based company with mothballed PGM mining assets in SA, has gradually restarted mineral production, extracting chrome from its tailings dumps in 2018 and now PGMs from the same processing circuit...
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