Company News: NKWE Platinum
Updated: 20 Sep 2010
Nkwe Platinum Limited is an emerging platinum company targeting mid-level projects and market capitalisation.
•Incorporated and domiciled in Bermuda. Listed on Australian Stock Exchange code: NKP
• South African Platinum Group Metal (PGM) focus – the Bushveld – produces over 70% of the world’s platinum
• 5 key project areas with identified mineralisation – 17M oz of resources - 20km of outcrop – 25,000 ha in key locations
• Opportunities available due to South African Mineral and Petroleum Resources Development Act – ‘use it or lose it’ – state ownership of minerals-royalties
• Active drilling and exploration program to define resources – strong focus on commercialisation - BFS for NPA1 De Wildt to commence 2005
• Potential to develop short-term cashflow – strategic prospects are being explored and development for joint venture or sale
• Experienced South African team and partners – strong focus on commercialisation
Most Recent Company News
- Nkwe gets its rights back - 18 Mar 2011 11:43am
Nkwe Platinum Ltd has lifted a voluntary suspension on its shares in Australia after the company regained a 64% economic interest in a South Africa prospecting right that was previously revoked Read more... - South Africa's highest court pulls platinum prospecting right - 03 Dec 2010 12:50pm
The South African Constitutional Court has set aside a prospecting right previously granted to Nkwe Platinum Ltd’s controlling shareholder, Genorah Resources Ltd, while ordering the legal costs to be shared between the company and the state Read more... - Future in balance - 28 May 2010 10:14am
As the global economy begins to pick up, so does the outlook for the platinum sector Read more...
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