https://www.miningweekly.com
Africa|Mining|Platinum|Operations
Africa|Mining|Platinum|Operations
africa|mining|platinum|operations

Eastplats committee's investigation into whistleblower allegations progressing

20th June 2023

By: Creamer Media Reporter

     

Font size: - +

A committee appointed by platinum group metals (PGMs) and chrome miner Eastern Platinum (Eastplats) to investigate allegations made by a whistleblower is well underway, the TSX- and JSE-listed company reports.

Eastplats in April appointed the committee, comprising independent directors George Graham Dorin and Xin (Alex) Guan, to investigate allegations, including about undisclosed related party transactions for the sale of chrome concentrate at discounted prices.

The committee has obtained information and documents from Eastplats' management and conducted interviews with the company's CEO and CFO. It is also engaging an e-discovery specialist to conduct a document discovery of the company’s servers to ensure the committee is able to review all relevant documents.

Once this process is in place, the committee will assess its next steps, Eastplats says.

Eastplats owns, directly and indirectly, a number of PGM and chrome assets on the western and eastern limbs of the Bushveld Complex, in South Africa.

Operations at the Crocodile River mine currently include re-mining and processing the tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Alco-Safe
Alco-Safe

Lion Alcoblow ® - High speed breathalyser

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 24 May 2024
Magazine round up | 24 May 2024
24th May 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:0.193 0.225s - 135pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: