Eastplats appoints new CFO, provides operational update
JSE-listed Eastern Platinum (Eastplats) has appointed Wylie Hui as CFO and corporate secretary.
Hui is a certified public accountant, chartered accountant and brings over 25 years of finance and operational experience to his role with Eastplats, particularly his experience in mining. He has previously served as the CFO of several publicly listed mining companies.
Hui succeeds Rowland Wallenius, who has resigned to pursue other opportunities.
Eastplats will continue to engage Wallenius as a consultant in the short term, as may be needed from time to time to assist in the transition.
PGM OPERATIONS IN SA
Meanwhile, Eastplats recently completed the reconfiguring and optimisation of the small-scale platinum group metals (PGMs) circuit, the PGM Circuit D, which also included completion of the initial work required to restart the main PGMs plant circuit.
Following the completion of the work, Eastplats generated about 111 t of PGM concentrates, and has delivered about 64 dry tonnes under the existing offtake agreement with Impala Refining Services.
Eastplats completed the upgrades to obtain higher-quality concentrate to be able to consistently produce a minimum of 200 t of PGMs concentrate monthly, having a positive impact on the company’s revenue.
The PGM Circuit D uses the initial work on the PGM Main Circuit. The next phase of the PGM Main Circuit work continues to be scheduled to start in May, with commissioning expected in October.
Eastplats estimates this will add a further 800 t of PGMs concentrate monthly to production, thereby increasing production four-fold and continuing to grow Eastplats’ revenue.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation