It is gratifying that all operating entities are now EBITDA positive and in line with our philosophy of not funding unproductive operations, the decision was taken to place CTRP
on care and maintenance in the current economic environment.
within our planned timeline and within budget has surpassed
21 million (GBP203,000) on the commissioning payment, which payment was scheduled for January 2012; and * A final amount of ZAR500,000 (GBP46,000) for the purchase of the CTRP
site is payable upon transfer of the property which is expected to conclude in the last quarter of calendar year 2011.
on the site to prepare for construction of the CTRP
, which is
2010 and the detailed engineering design of the CTRP
is ahead of
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construction of the Phoenix CTRP
on the IFM Mine Property.
operations tailings fraction treated through the CTRP
treats old dump material and current tailings streams
consideration for the CTRP
site location and acquisition of the NPI at
, despite experiencing problematic feed stock quality issues, delivered
Full-year 2007 and 2008 earnings projections are on the rise for CTRP