Name of the Project
Crocodile River mine (CRM) tailings treatment plant.
Location
The CRM, in South Africa’s North West province.
Project Owner/s
Barplats Mines, a subsidiary of Eastern Platinum. 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 CRM, at between 20 000 t a month and 50 000 t a month. 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
Eastplats has reported in its quarterly results for the three months ended March 31, 2022, that it is continuing its retreatment project at the CRM.
“We are confident with the progress made by the team and expect to disclose the updated National Instrument 43-101-compliant independent technical report on the CRM shortly,” CEO and president Diana Hu has said.
The company also plans to undertake a capital raise to restart Zandfontein underground operations at the CRM.
Care and maintenance with respect to the underground portion of the mine will continue while the company assesses the Zandfontein underground operations for restart.
Key Contracts, Suppliers and Consultants
ABT (operator).
Contact Details for Project Information
Eastern Platinum, tel +1 604 800 8200 or email info@eastplats.com.