Name of the Project
Crocodile River mine tailings treatment plant.

Location
The project is situated at the Crocodile River Mine, in South Africa’s North West province.

Project Owner/s
Barplats Mines, a subsidiary of Eastern Platinum (Limited). Advanced Beneficiation Technologies (ABT) will be the operator.

Project Description
The project involves the completion of an independent feasibility study for the development and construction of a new modular plant.

The plant will have the capacity to process the platinum-group metals (PGMs) of the tailings redeposited at a designated area of the Zandfontein tailings dam, at the Crocodile River mine, at between 20 000 t/m and 50 000 t/m. The final rate will depend on the optimal outcome of the feasibility study.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
There are several milestones required by Eastplats and ABT to complete and establish the project. These include the completion, at ABT's risk and cost, of an assessment, and the acceptance of the feasibility study expected in November 2020. This will be followed by the conclusion of various agreements, including a joint venture agreement between Barplats and ABT, and the procurement of appropriate funding.

Barplats will supply the material and related infrastructure for PGMs processing from the Zandfontein tailings dam, establish an appropriate offtake agreement, and support the project through executive management and administration.

ABT, as the intended operator, will complete the feasibility study, which includes drilling, securing funding, overseeing the construction and commissioning, as well as operating the project as governed by the project agreement.

Key Contracts, Suppliers and Consultants
ABT (operator).

Contact Details for Project Information
Eastern Platinum, tel +1 604 800 8200 or email info@eastplats.com.