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Crocodile River Project
Crocodile River
Country
South Africa
Province
North west
Close to
Johannesburg
Status
PRODUCTION
Latitude / Longitude
25 S 40 / 28 E 22
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Risk and valuation analysis of the Crocodile River Project
Status Risk : Production
Country Risk : Important
Resource Risk : 80.00%
In situ value
3,557,430,118 $
Title(s) of the Crocodile River Project
Eastern Platinum Limited
Owner: 100%
Title
Company Profile
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Company website
Company project page
Location of the Crocodile River Project
The Crocodile River Mine is located on the western limb of the Bushveld Complex, near the town of Brits in South Africa's North West Province.
History of the Crocodile River Project
Initially established in 1987, the operation was acquired by Rand Mines Limited. Implats then acquired an interest of 38% and the contract to manage the mine in 1991, but a dramatic decline in metal prices forced the mine's closure later that year.
Reserves and resources of the Crocodile River Project
Tonnage
Grade
Reserves and resources
Platinum
Palladium
Platinum
Palladium
g/t
g/t
oz
oz
Proven
0
0.00
1.09
34 133
Probable
29,425,000
2.54
0.00
2 402 931
Proven and Probable
29,425,000
2.54
1.09
2 402 931
34 133
Total
29 425 000
2 402 931
34 133
Definitions
Reserves and resources of the Crocodile River Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Platinum
2 402 931
2 402 931
2 402 931
oz
3 487 901 951 US$
Palladium
34 133
34 133
34 133
oz
25 096 408 US$
Production history
Metal
2009
2008
2007
2006
2005
2003
2002
2001
PALLADIUM (oz)
12,067
7,679
PLATINUM (oz)
126,122
114,188
100,456
68,308
9,787
26,876
42,896
16,457
RHODIUM (oz)
4,278
Production
1/26/2009
Eastplats Reports Production Results for the Quarter Ended D...
Exploration and drilling
4/19/2013
Eastplats Suspends Funding for the Crocodile River Mine Deve...
6/12/2012
Eastplats Reports Proposed Development Plan for Crocodile Ri...
11/8/2011
Operations at Crocodile River Mine Suspended After Fatal Acc...
5/24/2011
Operations Resume At Crocodile River Mine – Two Year Wage Ag...
5/12/2011
On The Reported Industrial Action At Crocodile River Mine Op...
7/10/2009
Illegal Industrial Action by Contract Miners at CRM
10/17/2008
Eastplats Reports ongoing Production Growth for the Quarter ...
4/7/2008
Mine Construction at the Crocette Section Initiated
9/19/2007
Crocette Section at Crocodile River Mine Advances
Location
Data last updated on : 11/30/2010
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