Platfields Limited is an emerging precious metals exploration company with a vision to become a developer and operator. With two near-surface platinum group metals (PGM) exploration projects, Berg, Leeuwkop and Tigerpoort now Liger on the Eastern Limb of the Bushveld Complex, and a near-surface gold exploration project, Grootfonteinberg, in the Transvaal Drakensberg Goldfield of Mpumalanga Province, the company plans further growth through consolidations and acquisitions within the greater mining sector. A JSE Limited Main Board listing is planned depending on conducive market conditions and regulatory approvals.
Berg PGM Project: Eastern Limb, Bushveld Complex; near-surface; covers approximately 6 000 hectares; UG2 and Merensky Reefs; along strike from Anglo Platinum's Der Brochen Project, Northam's Booysendal Project and Aquarius Platinum South Africa's Everest South mining operation; mean exploration target of 10.65MOz of 4E PGE.
Liger PGM Project: Eastern Limb, Bushveld Complex; near-surface; covers approximately 1 100 hectares; UG2 and Merensky Reefs; west of the Anglo Platinum/Anooraq Lebowa Platinum Mine, close to Lonmin's Limpopo Platinum Mine and Aquarius Platinum South Africa's Bakgaga Project; mean exploration target of up to 6Moz of 4E PGE, attributable to Platfields.
Grootfonteinberg Gold Project: Near-surface; covers approximately 300 hectares; adjacent to Simmer & Jack's Beta Gold Mine; mean exploration target of up to 3.43Moz of gold.
| Platinum: | $/oz | 1477.00 |
| Gold: | $/oz | 1070.25 |
| R/$ | 7.73 | |
| R/€ | 10.59 | |
| R/£: | 12.07 | |
| ¥/R: | 11.59 |
Shareholders are advised that the Annual General Meeting of Platfields Limited will take place at the Southern Sun Cape Sun Hotel, Strand Street, Cape Town at 10:00 on Friday, 27 November 2009.
Current status of the company’s plan to list on the JSE and exploration progress
Letter to Shareholders
(PDF - 192KB)
With regard to offers of Platfields shares made from time to time
by various individuals, financial brokers or advisors, the company advises that
it neither endorses nor approves of such offers, their content, supporting
documentation and the marketing materials associated with such offers, the basis
of such offers or any of the terms thereof.
Full release
[Fin24.com and Miningmx.com] tackle
Platfields' ambition to list on the JSE.
Audio...
[Business Day] PLATINUM explorer
Platfields is in advanced talks with the JSE on listing in the next few weeks,
defying weak market conditions and a depressed platinum price.
Full release...
[Summit TV] speaks to Bongani
Mbindwane from platinum metals group exploration company Platfields that’s going
to list in the near future as they gear up for production.
Transcript and
video...
[miningweekly.com] Platfields CEO
Bongani Mbindwane tells Mining Weekly Online’s Martin Creamer of the
significance of the July timing of the company’s capital-raising plans.
Full release...
Reviewed consolidated interim results for the 6 months ended 31 August 2009
(PDF - 395KB)
Presentation
(PDF - 852KB)
Annual report 2009
(PDF - 3.8MB)
Platfields Limited
(PDF - 308KB)