https://www.miningweekly.com
Africa|Business|Financial|Platinum|PROJECT|Maintenance
Africa|Business|Financial|Platinum|PROJECT|Maintenance
africa|business|financial|platinum|project|maintenance

Eastplats resumes Crocodile River tailings operation, to publish results later

4th May 2020

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

TSX- and JSE-listed Eastern Platinum (Eastplats) has started recalling its remaining workforce in Mpumalanga, South Africa, after South Africa moved from Phase 5 lockdown restrictions to Phase 4 restrictions, effective May 1.

Eastplats’ subsidiary, Barplats Mines, operates a tailings retreatment project at the Crocodile River mine, which had been operating care-and-maintenance activities at reduced capacity and with a small workforce during Phase 5.

The company says it continues to monitor and update its risk assessments and has adopted appropriate procedures to maintain a safe workplace for employees and the communities in which it operates.

Eastplats is still considering an appropriate time and format for its annual general meeting.

“The effects of Covid-19 are changing and evolving and the company cannot reasonably estimate at this time all the impacts or if new or unexpected changes to the lockdown levels imposed by the South African government will occur, both of which could have material adverse effects on Eastplats’ business, liquidity and cashflows,” the company states.

Meanwhile, the company will publish its financial statements for the three months ended March 31 on June 1, making use of the extended allowance for regulatory filings.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Showroom

M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.208 0.244s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: