Everest Project
Everest
Country South Africa 
Close to Mpumalanga
Status CARE AND MAINTENANCE 
Latitude / Longitude 24 S 49 / 30 E 06
Legends
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Last updated on 11/19/2010 - Terms of Use
Risk and valuation analysis of the Everest Project
Status Risk : Care and Maintenance
Country Risk : Important
Title(s) of the Everest Project
Aquarius Platinum
Owner: 100%
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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...
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...
 
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.
 
Production history
Metal200820072006
GOLD (oz)1,0001,0001,000
PALLADIUM (oz)46,00052,00032,000
PLATINUM (oz)94,00094,00056,000
rhodiaum ()16,000
RHODIUM (oz)15,0008,000
Location
Data last updated on : 12/31/2007
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