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Eastplats cancels share placement

Written by elsabe. Posted in Mining

BRITS POS - BRITS - Eastern Platinum (Eastplats) has cancelled the private placement of shares announced in October to raise $10,3-million stating that “the company and the placee have mutually agreed to terminate the proposed investment.”

To read the full story, read our 23 December 2016 issue.

Thakadu to build $14m nickel plant at Lonmin

Written by elsabe. Posted in Mining

BRITS POS - BRITS - Lonmin announced last Wednesday that it had agreed to supply its crude nickel sulphate stream to beneficiator Thakadu Battery Materials, which will be constructing a $14-million high-purity battery-grade nickel sulphate plant at the platinum-mining company’s base metals refinery (BMR).

To read the full story, read our 25 November 2016 issue.