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ChromeSA sympathises with the difficulties being experienced it maintains that destroying another industry is not a solution.
“We are hopeful that a restructuring and capital raising process has reasonable prospects of success, although this is not guaranteed."
"Police are finally taking an interest in a criminal takeover of a junior mine after the owners filed papers against Minister of Police."
80 000 jobs are on the line in the coming months as government continues to fail to implement a tax on the export of raw ore it announced.
Jubilee has also acquired outright 255 000 t of PGM containing chrome tailings further increasing Jubilee’s existing surface PGM tailings.
South Africa attracted only R2.5 billion of new investment in 2020, a sharp 45% drop from the 2019 figure of R4.6 billion.
“This 22 kW pump punches above its weight in terms of output, achieving the same performance as our competitors’ 30 kW pumps."
“Built on the success of our first hydrocycloneS we can offer customers increases in their operational and circuit capacity of up to 30%."