Everest Project |
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Everest |
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Country |
South Africa
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Close to |
Mpumalanga |
Status |
CARE AND MAINTENANCE
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Latitude / Longitude |
24 S 49 / 30 E 06 |
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Legends
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Risk and valuation analysis of the Everest Project |
Status Risk : Care and Maintenance |
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Title(s) of the Everest Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Construction of Everest started in October 2004 following the conclusion of a Black Economic Empowerment (BEE) transaction with a consortium led by Savannah Resources. This transaction injected some R860 million in cash into Aquarius Platinum South A more... |
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Location of the Everest Project |
Located on the southern portion of the Eastern Limb of the Bushveld Complex near the town of Lydenburg, Everest is approximately 450 kilometres east-north-east of the company’s flagship operation, the Kroondal Platinum Mine. The orebody is a well-def more...
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History of the Everest Project |
The feasibility study for the project was upgraded to full bankable status in February 2003 and the project was awarded its mining licence in June 2003.
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Production history |
Metal | 2008 | 2007 | 2006 |
GOLD (oz) | 1,000 | 1,000 | 1,000 |
PALLADIUM (oz) | 46,000 | 52,000 | 32,000 |
PLATINUM (oz) | 94,000 | 94,000 | 56,000 |
rhodiaum () | 16,000 | | |
RHODIUM (oz) | | 15,000 | 8,000 |
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Data last updated on : 12/31/2007
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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